Learn all that you need to know on how to register company in South Africa, your step-by-step guide to help you do it yourself and save money.
The process of registering a company in South Africa is not overly complicated.
As soon as you have figured out how to carry it out, you will be ready to begin conducting business. The in-depth instructions can be found at this location. In South Africa, registering a business does not require any specific level of education or experience.
And it does not take weeks or months to register. After submitting the application, your business could be registered online within three hours if you follow the procedures exactly as they are written and do not make any mistakes.
Register Company Online Free
To begin, you need to have the right documentation before you start the registration process
What Documents Do I Need?
Be sure to get a photocopy of the directors' identification documents or passports in black and white. Obtain certification for them from a commissioner of oaths or from any local police station in your area. If you are not currently located in South Africa, the sa me rules apply to you.
After your documents have been validated, you should scan them and save them in your digital archives. Keep in mind that all directors ought to have their documents included.
Register on CIPC Website
Visit eservices.cipc.co.za. This is where the majority of your work will be done. After that, select "Customer Registration" from the list of options on the page's left-hand side.
At this stage, you will be required to specify whether you are a citizen of South Africa. You are still able to register a corporation even if you are not a South African resident; this is done for grouping purposes.
Input Your ID Number
Include your driver's license or passport number here. After that, select proceed, and then enter all of the necessary information. It is general information about the person who is registering for the course.
Login to CIPC using Password and Customer Code
As soon as your personal information and login details have been input. It is necessary for you to now connect into your account by selecting the Customer login option that is located on the left side of the website.
What Can You Do After You Login?
After you have successfully logged in, select the 'Transaction' option located toward the top right of the website on the left-hand navigation bar.
All the magic takes place here. This dashboard has a lot of information and is highly engaged. Simply click "Company Registration" and disregard everything. The buttons are located in the center's beginning.
We will use eServices for the objectives of this guide because it is the only system that can accommodate both foreigners and South Africans. Bizportal is, however, much quicker, almost instantaneous. If you are a tech-savvy South African, we recommend using Bizportal. You will receive your company without having to submit any paperwork.
If you are unwilling to take the simpler route, eServices is still relatively simple, and you should be able to complete the procedure without difficulty using this guide.
Select Type of Company to Register
You will be given the opportunity to register with either a profit-making or charitable organization, depending on your preferences.
Whether or whether you operate as a for-profit business will determine which of the two possibilities you select from the ones that are accessible to you. Most people register profit companies.
CIPC Company Registration Required Information
You will be required to input your identification information or passport number. If you are a citizen of South Africa, when you input your ID number the majority of your information will be pre-filled. This is primarily because the system is linked to the system for domestic affairs.
Directors Information
- The full name of the director
- Specify director type.
- Country of Origin
- Appointment date. Choose the day you do the registration
- Date of Birth
- Physical Address
- Postal Address
- Cell phone number
- Email Address
Company Financial Details
Pick the date that corresponds with the conclusion of your company's fiscal year. This might be occurring in any month.
You will next be prompted to select the number of authorized shares; you probably already know how many shares you want to issue, but if you're unsure, select 1000 shares instead.
How to Reserve Company Name
The process includes filling out an application for a name: After the suggested name has been reviewed and given the green light, the firm will be added to the queue for company registration.
In the event that none of the suggested names are accepted, the enterprise number for the business will be used instead as the name of the company during registration.
You will need to submit an application for a new name, and once it has been granted, you will need to go through the proper procedures for changing the name of the company.
Decide on Company Name
In the "Company Name(s)" box, enter the name(s) of the business you are registering. You have up to 4 alternatives from which to choose.
When you have decided on the names, you may then submit the names that you have offered and register them. After you have done so, a reservation name will be given to you.
Finally, Lodge Company Name
Almost done! After you have registered the firm, an email containing a C039 form that needs to be printed out, then signed, will be sent to you.
After you have done so, you should revisit that email and double check the email address to which the form should be sent.
You are required to return the form together with certified copies of black and white identification documents or passports for each director.
Start Company Registration at CIPC
To start, you can visit the following link to begin.
