How To Register A Small Business At Sars

Change of name address or when no longer operating as an employer etc.

How to register a small business at sars. 70 700 365 000. 365 001 550 000. Setting up once you re are on the landing page click on the 3 three dots on top next to the word individual. 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 registered details an employer must let sars know within 21 business days of any changes in registered particulars e g.

In most cases an sme can be either a sole proprietorship or a partnership. How to register a business in south africa. 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. General disclaimerthese tutorial videos are provided to help taxpayers understand their obligations and entitlements under the tax acts administered by the c. If one of your plans is registering a business in south africa especially a small business in the form of a small medium enterprise sme or a startup you will not have to register the entity like a company.

Select i agree to confirm that you are authorised to perform maintenance functions of the registered details of the company or individual. 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. 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. 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. You can apply for a tax clearance certificate good standing or tender.

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. Select add new product registration to register new or additional vat branch. 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.