How To Register Business Name In South Africa
A company is a legal person which has capacity and powers to act on its own.
How to register business name in south africa. We always tell you what to realistically expect as we have done so for thousands of clients. Register a sole proprietorship. Cipc administers the register of trade marks in south africa. Firstly the company can register a south african subsidiary. You may choose to register a name by registering the company first using your.
A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. The convenience of business registration south africa is that you can do it online or in person at the designated terminals. 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. Some service providers offer shoddy service with false promises about timing etc.
You will need to file for a company name that will identify your business in the memorandum of incorporation moi. Pay 80 by credit card. Alternatively the company can register as an external company in terms of section 23 of the companies act. For every new business established you are required to register with your local sars office to obtain an income tax reference number. The cipc self service terminals are located in pretoria johannesburg pretoria cape town or at an authorized bank like first national bank fnb.
If you wish to run a franchise business you would register a private company. This name will be registered with cipc and must be used on all official documents like invoices and legal agreements. Your company will need a unique name. Your business name trademark will immediately be filed with cipc and you will receive a trademark application number within a business day. The trade mark registration process in south africa is quite lengthy which is due to.
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. 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. Each name reservation application costs r50. Companies registered outside south africa may conduct business in south africa in two ways. There are five types of companies that you can register.