How To Register Small Business With Sars
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.
How to register small business with sars. A tax practitioner if they submit returns on behalf of other individuals or businesses. Setting up once you re are on the landing page click on the 3 three dots on top next to the word individual. Content and data on sars websites and associated facilities including but not limited to software hyperlinks and databases is the property of or licensed to sars and is protected under applicable south african laws. 365 001 550 000. 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.
If you have already registered for efiling in your individual capacity you have to choose the specific user for each business that you would like to do efiling for. 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. You can apply for a tax clearance certificate good standing or tender. This step assumes that you have registered. General disclaimerthese tutorial videos are provided to help taxpayers understand their obligations and entitlements under the tax acts administered by the c.
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. If not you can register for an efiling profile on the efiling website. Select i agree to confirm that you are authorised to perform maintenance functions of the registered details of the company or individual. 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.
How to register a business in south africa. The maintain sars registered details screen will display. In most cases an sme can be either a sole proprietorship or a partnership. 0 70 700. 70 700 365 000.