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