How To Register A Small Business At Sars

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How to register a small business at sars. Click vat under my tax products revenue on the left menu 6. In most cases an sme can be either a sole proprietorship or a partnership. Small businesses with a turnover of up to r1 million per annum will now be able to pay certain taxes turnover tax vat and employees tax twice instead of once a year making the. Hi i have registered a small business with ubunt company services in 2007 after registering my company my employer employees me permanent the i was forced to commit myself on my employer since he was paying much better during the lockdown company was shutdown i want to update my own company with sars i don t know where to start my company was registered as triplets mobile services. General disclaimerthese tutorial videos are provided to help taxpayers understand their obligations and entitlements under the tax acts administered by the c.

To register as a branch separately from the main branch an emp102e form payroll taxes application for branch registration must be filled in and sent to sars. Change of name address or when no longer operating as an employer etc. You can apply for a tax clearance certificate good standing or tender. Change of registered details an employer must let sars know within 21 business days of any changes in registered particulars e g. See how to get back control of your sars efiling profile otherwise call sars za on 0800 00 7277 0800 00 sars provide your id number and some other security details and they will restore access to your efiling.

Select add new product registration to register new or additional vat branch. To reduce the administrative burden on small businesses sars introduced a single tax system as a tool for small businesses to help streamline their tax obligations known as turnover tax. All company registration documents will be available to download the links will be provided in our confirmation email a business bank account can be opened with the cor14 3 registration certificate. The maintain sars registered details screen will display. Setting up once you re are on the landing page click on the 3 three dots on top next to the word individual.

Select i agree to confirm that you are authorised to perform maintenance functions of the registered details of the company or individual. 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. 0 70 700.