What is a Company?
A company abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical, or a mixture of both, with a specific objective.
Company Registration In South Africa
Step-by-Step Guide: New Company Registration
To use this step-by-step guide, you should have registered a customer code and have adequate
credit in your customer code.
Consult the step-by-step guide for Customer Registration for assistance in registering a
customer code.
Consult Contact Us on the home page for the CIPC banking details.
Visit the CIPC website www.cipc.co.za, and click on Online transacting
Click on 2. Private Company Registrations.
Click on Customer Login or Register a new company.
Complete the required fields and click on Login
The landing page of E-services will be displayed. Click on Register a New Company.
Enter the ID/number or passport number of the Director of the company and click on the +
sign.
The ID Number, Name, and Surname, and whether the Director is Disqualified or not will be displayed.
Click on Remove if you want to remove the Director. Click on the + sign if you want to add
another director. Once all the director’s ID Numbers’ are captured, click on Continue to add all
Directors and Incorporators details.
A screen will display, requesting you to capture the details of the directors. Click on Edit
complete the details of the directors, and click on Save. Please note that directors cannot share
email addresses and cell phone numbers.
The Company Registration: Directors & Incorporators screen will display. Complete the
required fields and click on Save.
The Company Registration: Directors & Incorporators screen will display. Complete the
required fields and click on Save.
How much must a company earn to pay tax in South Africa?
0% on the first ZAR 95,750 of taxable income. 7% on taxable income above ZAR 95,750 but not exceeding ZAR 365,000.
ZAR 18,848 + 21% on taxable income above ZAR 365,000 but not exceeding ZAR 550,000. ZAR 57,698 + 27% on taxable income exceeding ZAR 550,000 (for tax years ending on or after 31 March 2023).
How many days does it take to register a company in South Africa?
Company registration can take anywhere from about 5 days to about 5 weeks depending upon the type of company and the ability of the client to provide all of the necessary information and signatures.
By far the simplest and quickest is a (Pty) Ltd. This is the one that normally takes about 5 days.
How much does it cost to register a company in South Africa?
The company registration cost in South Africa varies based on the type of business entity and other factors such as the size of the company, and legal and professional fees.
The general cost of company registration in South Africa can range from ZAR 2,000 to ZAR 50,000, depending on the type of business entity.