Thank you for choosing our Full Business Package. Here’s what you need to know about this Package:

This package includes the following registrations:

• New (Pty) Ltd Company Registration
• Income Tax Registration
• Tax Clearance Certificate
• VAT Registration
• BEE- EME Affidavit Template
• PAYE Registration
• UIF Registration
• COID Registration
• Letter of Good Standing
• FREE Share Certificates

To commence with the Full Business Package Application, the following information and documents are required:

STEP 1 – New Company Registration

• Four proposed names in order of preference
• The number of directors the company will have along with their ID copies
• The postal and physical address of the company (which could be the same as your residential address)
• Company contact details (this includes email addresses and contact numbers)
• The details of the intended director/s. (this includes addresses, contact numbers and email addresses)
• A limited Power of Attorney in which you give us the authority to register a company on your behalf, signed by all intended director/s

• Percentage of Black Owned

• Percentage of Black Woman Owned

Once STEP 1 is complete, you will receive the following documents:

• A registration certificate COR 14.3
• A Notice of Incorporation COR 14.1
• Confirmation of the initial directors appointed to the company COR 14.1A
• Memorandum of incorporation (MOI) COR 15.1A
• Share Certificate
• Proof of Income Tax Registration
• Tax Clearance Certificate
• BEE-EME Affidavit

STEP 2 – Registering for VAT

Once your company is registered, you will need to open up a Business Bank Account and Provide us with the following documents and information:

• Original Letter Confirming Banking Details
• Bank Statements not older than 3 months (stamped by the bank)
• Invoices made out to the clients for more than R 50 000
• Recent Proof of Directors physical address (in the form of a Municipality Bill, Telkom Bill or Lease Agreement)
• Recent Proof of Company’s physical address (in the form of a Municipality Bill, Telkom Bill or Lease Agreement)
• Detailed description of the Business Activities

Once STEP 2 is complete, you will receive the following:

• Proof of VAT Registration

STEP 3 – Registering for PAYE, UIF Registration, Workmen’s Compensation (COID) and Letter of Good Standing

The following information and documents are required:

• PAYE Liability Date
• Number of employees
• Commencement date of each employee
• ID Copy of each employee
• Monthly Income of each employee
• Estimated Payroll for the year
• Detailed description of the Business Activities

Once STEP 3 is complete, you will receive the following documents:

• Proof of PAYE Registration
• Proof of UIF Registration
• A Notice of Assessment/ Invoice (W.As.6) – payable to the Department of Labour for your Workmen’s Compensation Registration.
• Letter of Good Standing

Timeframe for Step 1: 1-2 weeks.

Timeframe for Step 2:

• VAT Registration: 3-5 working days

Timeframe for Step 3:

• PAYE Registration: 1– 2 working days
• UIF Registration: 1 – 2 weeks
• Workmen’s Compensation: 4 – 6 weeks
• Letter of Good Standing: 1-2 working days (after completion of workmen’s compensation registration)

Note: The abovementioned timeframes are standard however if there is a delay from the relevant Departments due to excessive workload, the processes could take longer.