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If you want the company to have a name, then the minimum cost is R175. That is the CIPC fee of R50 for reserving the name and R125 for registration of a company. If you don’t register a name, you’ll end up with a company called something like K2020/001234/07. That’s if you do the entire job yourself. The alternative is to engage a professional, such as ourselves. The fee is currently R1 980 and then you know that you are tapping into a professional support service that will carry you through all of the statutory obligations applicable to companies.

These include bookkeeping (we do the first 6 months free), tax returns, share certificates, a share register and CIPC annual returns. Things which many startups neglect, only to their peril.

In addition, you’ll probably need a tax clearance and a BEE affidavit, which we provide at no extra charge.

 

Need help with your Investments?

Contact us today or set up a free meeting with our CEO, Derek Springett, to discuss your options. We have been offering expert financial advice and business services since 1971. You can also visit our online store to see our list of financial services.