How To Own A Security Company In South Africa

Here are the specific documents that every South African company needs if they want to employ staff and comply with SARS’s basic requirements.

A CIPC Registered Company.
A Tax Clearance Certificate,
VAT Registration Number.
PAYE Number.
UIF and COID Registration (if applicable)
A fixed, immovable office location.
A 1-year business plan.

How much does it cost to register a security company in South Africa?

Security Company Registration Requirements

Each director must have a minimum grade B Psira certificate. PSIRA Company Registration Fees: The PSIRA Business registration fee payable to PSIRA for 2023 is R7500.

Can a foreigner own a security company in South Africa?

On 28 September 2021, the Private Security Industry Regulation Amendment Act, 2014 received assent. Among other issues, the Amendment Act introduces a requirement that private security companies be owned and controlled to at least 51% by South African citizens, subject to derogation.

How much does private security cost in South Africa?

Rates for different types of security guards

Guard Class	Hourly Rate	24-Hour Rate
Unarmed	R100 – R150	R2 400 – R3 600
Armed	R120 – R180	R2 880 – R4 320
Supervisor	R150 – R200	R3 600 – R4 800
Dog Handler	R200 – R250	R4 800 – R6000