How To Register A Small Business With Fnb

If one of your plans is registering a business in south africa especially a small business in the form of a small medium enterprise sme or a startup you will not have to register the entity like a company.

How to register a small business with fnb. In most cases an sme can be either a sole proprietorship or a partnership. This innovative partnership is a first in south africa and will benefit big and small businesses in many ways says sanjeev orie head of products fnb business banking. What is the cipc and what does the law say. First national bank fnb appears to have stolen a march on its competitors with the launch of a world first service in collaboration with the companies and intellectual property commission cipc. Investment and insurance products are not insured by the fdic or any other federal government agency are not deposits or financial obligations of the financial institution are not guaranteed by the financial institution and they do involve investment risk including possible loss of principal.

It will cost the consumer r125 to register the company which excludes the name reservation since entrepreneurs can now trade with just their registration number as stipulated in the regulations of the companies acts. Bank deposit products and services provided by first national bank of pennsylvania. Like many other banks fnb bank offers its personal and business banking customers online access to checking savings and credit card accounts. The companies and intellectual property registration office cipro was replaced by the companies and intellectual property commission cipc in may 2011 together with the new companies act the act changed the way business owners had to register their companies. The automated approach allows entrepreneurs who wish to open a business bank account the opportunity to register their companies through the fnb online facility at no additional charge other than.

You can also register your company via a bank including nedbank and first national bank. Before a customer can access his internet banking account he must first register with fnb by following several steps.