How To Register Business South Africa

We always tell you what to realistically expect as we have done so for thousands of clients.

How to register business south africa. In order to register the company online the applicant in this case the foreign entrepreneur has to register themselves as a customer on the cipc website. A certified copy of the applicant s id. Each name reservation application costs r50. How to register your business. For every new business established you are required to register with your local sars office to obtain an income tax reference number.

Companies registered outside south africa may conduct business in south africa in two ways. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. Below we have laid out a step by step diy on how to register your company simply by using the companies and intellectual property commission cipc website portal www. Some service providers offer shoddy service with false promises about timing etc. A company is a legal person which has capacity and powers to act on its own.

Alternatively the company can register as an external company in terms of section 23 of the companies act. It is important for a business person to register their business correctly. Non south african applicants need passport copy as proof. The registration cost is 125 zar and this money can be paid via wire transfer. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members.

You may apply for between 1 and 4 names during each application process. At the time of registering a company you need to be 18 years or older. A certified copy of the id of all the directors and incorporators of the company. To complete the company registration process you will the following supporting documents. Should i register my new small business for tax.

Vital documents needed to start a business in south africa after starting your business operations you are required by law to register for an income tax reference number from the exchequer within 60 days. There are five types of companies that you can register. To complete the registration process the following supporting documents are needed. Register a sole proprietorship. Firstly the company can register a south african subsidiary.