How to start a company
Registering a business is simple and inexpensive if you follow the steps outlined on our website.
1. Reserve a company name
Use your Company registration number or apply for a proposed name by completing the online form.
2. Register a company
Complete our online contact form to recieve your Incorporation documents.
3. Submit Required documents
Sign the Incorporation documents and submit with a cetified copy of your Identity documents.
$77 billion in net profit as of May 2015
$200 billion in assets, Vodafone Group Plc was founded on July 17, 1984.
Why must I register a company
It is not necessary to form a company to open a business, in some cases it makes good business sense to trade in your own name.
The company has a perpetual lifespan and can continue if one of the owners dies. Shareholders have limited liability, but directors are personally liable, if they are knowingly part of running the business in a reckless or fraudulent manner. Raising capital is also easier.
Individuals can be taxed up to 40% of their income, while companies will only be taxed at 28%. Small business corporations that have turnovers under R73 650 does not need to pay tax. This is extremely beneficial for start up companies.