PHASE 2

Phase 2: Business Registration & Compliance in South Africa

Starting a business is exciting, but fulfilling your statutory requirements with CIPC, SARS, and the Department of Labour from day one protects your venture and unlocks future growth.

Below is a detailed guide to the essential processes involved in getting your business compliant with South African regulations.

At-a-Glance South African Startup Compliance Checklist

RequirementGoverning BodyThreshold / Mandatory Status
CIPC RegistrationCIPCMandatory for all Private Companies (Pty Ltd)
Beneficial OwnershipCIPCMandatory within 10 days of incorporation
SARS eFiling RepresentativeSARSMandatory before filing corporate tax returns
UIF & WCA (COIDA)Dept of Labour / SARSMandatory upon employing 1 or more staff members
VAT RegistrationSARSCompulsory at R1m turnover (Voluntary at R50k)

Phase 2 Overview

Funding your business
Registering your business
Beneficial ownership
Opening a bank account
SARS registered representative appointment
Register company on eFiling, linking company
Register for PAYE
Registering for UIF
Register for WCA
Register for VAT
Insurance
Website
Social Media
Accounting package
Choosing an accountant

Funding your Business

Please download your free business funding worksheet below, and follow the steps in the video above!

Business Funding Worksheet

Register your business

Please download your free business registration worksheet below, and follow the steps in the video above!

Business Registration worksheet

Beneficial Ownership Declaration

Learn how to lodge your Beneficial Ownership register on the CIPC Portal to stay fully compliant with South African anti-money laundering legislation.

Opening a Business Bank Account

Compare South African commercial banks, assemble your FICA document pack, and ensure your business account details align with your CIPC records.

SARS Representative Appointment Process

Appoint and verify your registered tax practitioner or company director as the SARS Representative on SARS eFiling.

How to Link Your Company on SARS eFiling

Follow our step-by-step process to transfer, request access to, or add a newly registered business profile to your eFiling dashboard.

How to Register for PAYE on SARS eFiling

Determine employee tax thresholds and register your business for Pay-As-You-Earn (PAYE) to manage monthly payroll tax obligations effortlessly.

How to Register for VAT on SARS eFiling

Understand mandatory registration (R1 million turnover limit) versus voluntary registration (R50,000 threshold) and navigate the online application requirements.