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Quick answer: Register the company, file beneficial ownership, open a bank account, sort out tax, register your Information Officer, get your domain, email and website live, and diarise the yearly filings.
Registration
- ☐ Company name reserved (or register with a number name)
- ☐ Company registered with the companies registry; certificate, MOI and share certificates filed safely
- ☐ Beneficial ownership filed within 10 business days of incorporation
- ☐ Shareholders' agreement signed, if there is more than one owner
Money and tax
- ☐ Business bank account opened in the company's name
- ☐ SARS income tax number noted (issued automatically for new companies)
- ☐ VAT: register if taxable supplies will exceed R2.3 million in 12 months
- ☐ Employer registration (PAYE) and UIF, if you have employees
- ☐ Bookkeeping system set up, and an accountant chosen
Customers and data
- ☐ Information Officer registered with the Information Regulator
- ☐ Privacy policy for your website and forms
- ☐ Terms and conditions or a standard quote template
Online presence
- ☐ Domain registered in the company's name
- ☐ Business email set up (you@yourbusiness.co.za)
- ☐ Website live with services, prices and contact options
- ☐ Google Business Profile verified
Every year
- ☐ company annual return, within 30 business days of the registration anniversary
- ☐ Beneficial ownership confirmed with the annual return
- ☐ Company income tax return (ITR14) within 12 months of year-end
- ☐ Provisional tax payments, twice a year
- ☐ Domain renewal
Our Business Startup Bundle (R1,990) covers new company registration, SARS registration, beneficial ownership and Foreigner Assurance in one go.
Need help with this?
Request a quoteCompany Registration from Digitalx, priced in writing before we start.