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How to Register a Company in South Africa

This document provides information on how to register a company in South Africa. It outlines the two main methods of registering - doing it yourself through CIPC or using a professional service. It also discusses reserving a company name, registering with SARS for taxes, and registering directly with CIPC including required documentation.

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DemonSide
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20 views6 pages

How to Register a Company in South Africa

This document provides information on how to register a company in South Africa. It outlines the two main methods of registering - doing it yourself through CIPC or using a professional service. It also discusses reserving a company name, registering with SARS for taxes, and registering directly with CIPC including required documentation.

Uploaded by

DemonSide
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Business environment

How do you register a company in South Africa?

Method 1: The second method means doing everything


100% by yourself through CIPC

Method 2: Use a Professional Service


Documentation

 Identification documents (ID) or passports of the


incorporators and the directors

 Identification copy of the applicant if none of the


directors is making the registration application.

 Power of attorney to sign all the related documents on


behalf of the incorporator if he/she is a juristic person

 Certified ID copy to identify the power of an attorney


for the previous action

 Valid name reservation in case of a prior filing of


incorporation
Reserving a company name

• Carry out a name search with the CIPC

• Once approved, it is valid for six months

Another way to check if another company uses your Preferred Company Name online or on social media - visit [Link]
Registering with the South African Revenue Services (SARS)

• You must register as a taxpayer with SARS if you earn


more than a specific amount, which is determined
every year.

• You must register within 60 days of first receiving  an


income.

Documentation to submit:

• Proof of identity
• Proof of address
• Proof of bank details.
Registering with Companies and Intellectual
Property Commission (CIPC)

•CIPC’s website allows business


owners to register their
companies online.

•Once you are registered as a


CIPC customer you will be able
to access the transactional
website.

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