The Basics of Registering a Small Business in South Africa
Aug 15, 2024 · The process: According to the CIPC, if your initial name reservation application is not approved, you will need to apply for new names. During each application process, you may apply for up to four names. The cost: Each name reservation application respectively costs R 50 online and R 75 manually. A company registration may vary between R 125 and R 475 (R 125 for a private company, R 475 for a ...
A Guide to Business Licences in South Africa
Sep 19, 2022 · In South Africa, business or trade licence requirements are governed by the National Business Act (Business Act 71 of 1991) and are a requirement for businesses across the country.. The Act states that no person may carry on certain service-related businesses unless they hold a licence issued to it by the council, local authority or municipality where the business premises are situated and ...
A Guide to Government Funding for SMEs - SME South Africa
Jul 30, 2024 · UPDATE: This article was originally published in April 2019, but due to its popularity it’s been updated on 30 July 2024. The South African government offers a number of funding instruments for small businesses.
Non-Repayable Business Grants in South Africa
Sep 26, 2022 · In this guide, we’ll list all the government’s non-repayable small business grants available. Agro-Processing Support Scheme (APSS) – Department of Trade, Industry and Competition (DTIC). The scheme targets businesses in food and beverage value addition and processing (including black winemakers), furniture manufacturing, fibre processing, feed production, and fertiliser production.
Starting a Private Company in South Africa | SME South Africa
Sep 29, 2023 · Starting a company in South Africa requires entrepreneurs to navigate many legal and regulatory requirements. One crucial early decision for business owners is determining the ownership structure of their business. This choice will have an impact on the legal requirements for your businesses, including reporting, compliance and tax requirements; as well as your exposure to personal liability.
DTI Funding for Small Business - SME South Africa
Apr 5, 2022 · DTI funding is an excellent opportunity for small businesses to gain financing and access new growth opportunities in South Africa. All kinds of small businesses can apply for DTI grants, no matter what industry.
A Guide to B-BBEE in South Africa
Nov 1, 2022 · B-BBEE in South Africa is the government’s policy initiative to redress apartheid’s legacy of economic exclusion and inequality by bringing the black majority (African, Indian and Coloured) into the economic mainstream, “many of whom were systematically excluded from meaningful participation in the country’s economy”, writes Louis Pulzone, CEO of the LFP Group.
Top Accounting Software for Small Business | SME South Africa
Cloud accounting software in South Africa helps business owners keep a finger on the pulse of their finances. There are standard tasks that all accounting software can help business owners with, including recording transactions, sending invoices, storing receipts, and tracking sales taxes, cash flow management, as well as a tax management feature that makes the …
Guide to Government Funding for Small Businesses
Jun 21, 2024 · When looking for government funding, it is important to know what the requirements are. Outside of valid documentation, there are regulations you need to adhere to such as being CIPC registered and registered for tax with SARS.. Other requirements are BBBEEE and financial compliance. This includes financial …
SME South Africa | Start, Manage and Grow Your Business
SME South Africa is a one-stop-shop for business owners to access advice, business tools and resources they need.
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