Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search Products
Filter by Categories
Company Secretarial
General Business
General Interest
Investing in Property
Personal Growth
Personal Wealth
Trusts and Estate Planning

Sure, we only charge R475 to form a company, and R175 of that goes to CIPC in fees.

Maybe that’s why so many people don’t think twice about registering a company.

What they don’t consider is that if they do not use the company, then these are the costs –

Two nil provisional tax returns each year at about R650 each

Nil Annual Tax Return at about R700

Or R200 every month per return SARS Administrative Penalty for non-submission

CIPC Annual return about R1 000

Once off declaration of beneficial owners about R1 000

And then the whammy –

Cost of de-registration at CIPC R4 500

Cost of de-registration at SARS R3 500

So, think twice before you form a company. You need to be serious about going into business.


XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Need help with your Trust or Business?

Contact us today or set up a free meeting with our CEO, Derek Springett. We have been offering expert advice and business services since 1971. You can also view see our full list of services.

If you enjoyed this article, you may like to subscribe to the monthly round up featuring all of my latest articles. Then check out the three books I have written which have proved to be very popular.

Complete the form below to subscribe to my monthly round up.

Do you want to leave your cart?

Your cart is awaiting your next purchase, so please proceed to the Home page and continue shopping. If you are leaving your cart because of problems, why not give us a call on our 24 hr numbers 063 866 8928 or 011 805 0030 (subject to load shedding)? If all else fails, call Derek, our CEO on 082 552 9696. We’ll do what we can to help