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Posted

That is one of the main reasons I want to do it the right way and get registered. 

 

If I understand correctly I only need to get the business registered, what should I be doing in terms of SARS and taxes?

You don't need to register for VAT if your income is less than R1m p.a.

Posted

The most exciting thread in the Hub Universe.

 

Do what you love. Dream. Make it your daily pursuit, where possible. Solve an important problem.

And, yes, courage, patience and stamina required.

  • 5 months later...
Posted (edited)

Starting a business is a way to go especially during this corona season. Lots of people are getting retrenched and etc.... In terms of compliance or registration please contact these guys below. They sell old companies and even register new companies. Old companies can be renamed as well instead of t/a...


 

 

Edited by IzzyPiet
Posted

I am currently doing some research to possibly start a small business that I can do after hours and on weekends. How would one typically go about this. 

 

I think a starting point would be to register a company, where do I do this and what is required of me? The idea is that a registered company is more easily trusted by prospective clients. It will never become a full-time job, just something I will do after hours. 

 

I currently have no idea on what to expect or what is expected of me so any input will be appreciated. 

 

 

Starting a business is a way to go especially during this corona season. Lots of people are getting retrenched and etc.... In terms of compliance or registration please contact these guys below. They sell old companies and even register new companies. Old companies can be renamed as well instead of t/a...

 

These guys are super fast, they assisted me with my 3 companies.... https://shelfcompaniesforsale.co.za/ or https://speedreg.co.za/

Posted

Good to hear it can all be done quickly. We are in the process of opening a business account with Std for a new venture and it is taking forever - at least 2 months and three or four sets of forms.  Watch those bank charges as well.

 

After that comes VAT registration which looks like another lengthy process.

 

Maybe we just have incompetent accountants.

 

........................................................

Just buy a shelf company which is already vat registered and in 3 days you will start trading. Their companies comes with a fresh fnb account. These guys can help https://shelfcompaniesforsale.co.za/ or https://speedreg.co.za/

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