Business Registration Services in Durban
Establishing and running a business comes with a number of regulatory and administrative requirements. Among these are the various registrations you need to complete to ensure that your organisation is compliant, has the required legal status, and is set up for regular transactions with tax and social security authorities.
Complete company and tax registration services
CBO Accounting and Tax has the tools and experience to carry out all the business registration services our clients require.
Our experienced staff can assist with the following registrations:
- Company registrations – CIPC
- Revenue Authority registrations – South African Revenue Services
- Social Security – Department of Labour and Unemployment Insurance fund
- Insurance – Workmen’s Compensation Department and FEM
What registrations do you need to do for your company?
For companies in the private sector, the most important registrations are for tax and worker’s compensation. If your company wishes to do business with government and the formal sector, or wish to gain access to certain types of government support, will need to register with the Companies and Intellectual Property Commission (CIPC), in addition to being registered with SARS and the UIF.
The CIPC handles registration of companies, co-operatives and intellectual property rights, as well as the maintenance of those registrations. It also promotes education and awareness of company and intellectual property law. It serves to ensure compliance with relevant legislation.
When it comes to SARS, companies need to register for income tax and VAT. This is to enable the receiver to collect taxes on the company’s various commercial activities. Once the company is registered with SARS, it can also register for e-filing, making the procedures of filing and paying taxes much easier and more streamlined.
These are fairly simple registration procedures when handled by seasoned tax professionals. By leaving your various business registrations to us, you can ensure that they are done correctly and timeously. You can also rest assured that these important administrative functions are done while you carry on with important, productive business matters.