How To Register A Mashonisa Business
Failure to register as a credit provider is unlawful and if an unregistered credit provider agrees to lend you money that agreement will be void.
How to register a mashonisa business. Final registration date. A company is a legal person which has capacity and powers to act on its own. For example in california you can register your trademark with the secretary of state by filling out and filing the secretary of state form lp tm 100. Application forms and all relevant regulations can be easily downloaded from the ncr website or you can download the forms below. In townships a mashonisa is usually an individual that gives small loans to people in the community.
Select your loan options. Thuthukani financial services pty ltd. It s easy to start a small corner store all you have to do is purchase 3 6 items of each product that you want to sell as a start up. If a company is required to register and they do not register all credit agreements they enter into can be declared unlawful. To register a new micro finance company a non refundable application fee of r500 is needed as well as a r250 branch fee per location.
Home services services for organisations register business or organisation. Simple loan application process. Register your trademark and business mark. A mashonisa does not have to register with the national credit regulator because of their small size but they are still required to comply with the law. Co operative loans to members 3 small business credit 5 other specify.
If you have filed for and received a trademark for your business name or logo you may want to register that trademark if possible. Mashonisa was founded in 2010 with the aim to immediately and directly match your loan application to a qualifying lender by completing a single loan application. Small corner store tuckshop tuckshops small food selling retailers are the most supported in rural areas. Those looking to start an installment loan payday loan or mortgage company can earn favorable returns. However the requirement not to register does not exempt such entities from the application of the act.
These laws are in place to protect the public interest while making it. The fee for this. The law sees a company in. If this application includes an application for supplementary registration to provide developmental credit please state which of the following types of developmental credit will be provided. Application for registration as a credit provider.