How To Register A Small Business Name In South Africa

You may choose to register a name by registering the company first using your name and file for registration of the name later or reserve the name and then initiate the company incorporation.

How to register a small business name in south africa. In a statement on. You can register online with companies and intellectual property commission cpic. The department of trade and industry dti has launched the pilot phase of a new business website which aims to significantly improve the ease of doing business in south africa. Firstly the company can register a south african subsidiary. Companies registered outside south africa may conduct business in south africa in two ways.

New company registration free share certificate tax number. Shelf company select a pre registered company off the shelf. There are three options to register a name either by registering a company first using your name and file for registration of the name later or reserve the name and then initiate the company incorporation process later. Address change for your company s registered addresses. Only r799 00 for a business trade defensive name application.

A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. You may apply for between 1 and 4 names during each application process. An upfront cost between r125 and r475 is involved depending on the type of business you are registering. Your business name trademark will immediately be filed with cipc and you will receive a trademark application number within a business day. And pay 80 by credit card.

For every new business established you are required to register with your local sars office to obtain an income tax reference number. 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. If your initial name reservation application is not approved you will need to apply for new names. Each name reservation application costs r50. If you are a pty ltd company close corporation or individual sole proprietor trading as a business name according to south african law you must register the business name.

This process is actually quite simple. And yes you can do it yourself. 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. South africa section international section below pty ltd companies south africa. There are five types of companies that you can register.