How To Register A Business South Africa
There are five types of companies that you can register.
How to register a business south africa. Power of attorney if required. A certified copy of the applicant s id. The convenience of business registration south africa is that you can do it online or in person at the designated terminals. 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. The registration number and documents for the company business.
If you wish to run a franchise business you would register a private company. The cipc self service terminals are located in pretoria johannesburg pretoria cape town or at an authorized bank like first national bank fnb. To complete the company registration process you will the following supporting documents. Register your company you can register a company as a non profit company or profit company with the companies and intellectual property commission cipc. The rise of highly successful startups and entrepreneurs in the last few years have led to many south africans wanting to start their own small businesses unfortunately for many the journey ends with the idea of being an entrepreneur because the process of registering a business in south africa may seem too complicated and expensive.
Some service providers offer shoddy service with false promises about timing etc. Non south african applicants need passport copy as proof. The name confirmation certificate cor9 4 which is an application form downloaded at cipc. The sars income tax number for the business. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members.
Companies registered outside south africa may conduct business in south africa in two ways. It is important for a business person to register their business correctly. We always tell you what to realistically expect as we have done so for thousands of clients. A company is a legal person which has capacity and powers to act on its own. Register a sole proprietorship.
To register a company in 3 easy steps click here. But is this really true. Non south african applicants need passport copy as proof. How to register your business. Firstly the company can register a south african subsidiary.