Below is How To Register A Spaza Shop In South Africa
To Register A Spaza Shop In South Africa
You are eligible to apply if you are a spaza shop or general dealer owner who is a South African and hold a business license or valid trading permit. If you fit these criteria,
Go to your nearest Nedbank Branch, Nedbank desk at your nearest BOXER store, or your nearest Standard Bank branch for assistance to apply.
Bring along the following documents:
A valid South African ID document
A valid and original municipal trading license/permit to trade or business license in case of a general dealer (copies will not be accepted). Only permits or licenses issued by the municipality, not a councilor are valid
If you are currently not a registered business, tax compliant, or paying the Unemployment Insurance Fund (UIF), you must be willing to accept assistance to do this. The scheme will provide you with assistance.
At the Nedbank or Standard Bank branch or desk, you will be assisted to register on the department’s SMMESA database and complete the applicable application form.
The terms of Registering A Spaza Shop funding In South Africa
Here are the terms you will need to agree with in order to participate:
To buy products from a basket of goods approved by the department that will change from time to time. The department does this in order to boost sales for South African small businesses
To operate a business banking account, and be willing to participate in the Small Enterprise Development Agency (SEDA) supported business management support program.
This will include assistance with inventory management and stock control, and the preparation of annual financial statements.
To uphold health and safety guidelines, including:
Sanitizing before and after serving each customer
Disinfecting the service counters
Maintaining social distancing
Not selling counterfeit goods and stale/expired foodstuffs;
Not using trading spaces as sleeping quarters.
How do I start a spaza shop in South Africa?
The spaza shops must be owner-managed and must have a bank account.
Spaza shops must be willing to buy products produced by South African small businesses as part of the bulk-buying schemes.
They must be willing to submit monthly management accounts for at least 12 months.