How To Register Business Name In South Africa
Register a sole proprietorship.
How to register business name in south africa. Cipc administers the register of trade marks in south africa. The name you register for your business your registered name can be different to the name you use publicly your trading name. How to register your business. Registration must be done within 60 days after starting operations by completing an it77 form available at your local sars office or from the sars website. If you wish to run a franchise business you would register a private company.
A company is a legal person which has capacity and powers to act on its own. Some service providers offer shoddy service with false promises about timing etc. There are five types of companies that you can register. Sign the power of attorney giving s z patent attorneys authority to file your trademark in your name with cipc the south african trademarks office. Register your company you can register a company as a non profit company or profit company with the companies and intellectual property commission cipc.
Pay 80 by credit card. Your company will need a unique name. The cipc self service terminals are located in pretoria johannesburg pretoria cape town or at an authorized bank like first national bank fnb. Alternatively the company can register as an external company in terms of section 23 of the companies act. Each name reservation application costs r50.
For every new business established you are required to register with your local sars office to obtain an income tax reference number. It is important for a business person to register their business correctly. The convenience of business registration south africa is that you can do it online or in person at the designated terminals. Trade marks facts south africa what is a trade mark a trade mark is a name slogan or logo that distinguishes the brand of one entity from another. The trade mark registration process in south africa is quite lengthy which is due to.
We always tell you what to realistically expect as we have done so for thousands of clients. This name will be registered with cipc and must be used on all official documents like invoices and legal agreements. You will need to file for a company name that will identify your business in the memorandum of incorporation moi. Companies registered outside south africa may conduct business in south africa in two ways. Firstly the company can register a south african subsidiary.