What is VAT?
A value-added tax, known in some countries as a goods and services tax, is a type of tax that is assessed incrementally.
Documents Required For VAT Registration In South Africa
What are the requirements for VAT registration in South Africa? A (1) trading CIPC-registered company/organization with (2) a bank account,
(3) invoices or purchase orders to showcase you are trading and (4) proof of a South African address (5) SARS Registered Representative updated at SARS (we can assist).
What are the benefits of registering for VAT?
Reclaiming VAT.
Increased cash flow.
More companies and clients will want to work with you.
It helps to create a good impression.
How do you register for VAT in South Africa?
SARS contact center (0800 007 277) or visit the SARS website (www.sars.gov.za). SARS website: www.sars.gov.za or at your local SARS branch.
A person registered as an eFiler may apply for registration as a vendor via the Registration, Amendments, and Verification (RAV01) form on eFiling.
How much does it cost to register for VAT in South Africa?
| SERVICE | PRICE |
|---|---|
| Tax Clearance Certificate | R650.00 Apply Now |
| VAT Registration | R3 500.00 Apply Now |
| Employer Tax (PAYE, SDL, UIF with SARS and Dept of Labour) | R2 750.00 Apply Now |
| SDL Registration | R1 250.00 Apply Now |