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Think you’ve got what it takes > Start a business
Visit Phase One where services such as company registration, changes that need to be made to an existing company or conversion from a CC are simple and cost effective. Contact us for a personal quote that will be tailor made to your company registration.
Some cleaver products that have made there way onto the consumer market.
The market conditions are as perfect as they will ever be, start a business follow your passion and set your self apart.
Start your business become an entrepreneur take that first leap and get started with a company registration.
All south African companies whether it be a CC, Private or Public company are required to submit annual returns with the CIPC. Annual returns will vary dependent on the turnover of the business as well as whether it is submitted within the 30 days of incorporation each year.
Here is some answers to questions you may have about annual returns submission
When do you submit these returns?
Within 30 Days of the companies incorporation.
What if I have never submitted annual returns?
If the annual returns are not submitted within 30 days of the companies incorporation date penalties will be charged dependent on number of years the fees are outstanding as well as the annual return fee x the number of outstanding years.
Why should I pay these returns?
The annual returns system is in place to ensure CIPC has current information of the business as well as to know whether it is still operational.
If the company is no longer active?
If a company is no longer active one should approach the CIPC in order for the company to be deregistered in stead of just forgetting about it or ignoring the company.
Visits Phase One Business Registration in order to find out whether your returns are due and let us help you submit them before penalties arise.
Phase One Business Regiatration specialises in private company registrations, CC conversions as well as changes to current compamies.
Private company registrations can be done within 1 day if correct documents and information are supplied to Phase One.
Things to consider when registering a company.
1. Have you decided on a company name?
You can choose your company name and if the name is not yet taken and obides by the laws around company names CIPC will reserve the company name for you.
Tip: It is advised to supply atleast 4 company name alternatives in order for an avalible name to be selected. CIPC has full right to accept or reject a requested name for a company.
2. Have the correct documents avalible.
You will nees to provide Phase One with 3 original certified Identity document copies for each director.
3. Sign the Power of attorney.
Phase One will email you the Power of attorney that will need to be printed out and signed 3 times by each director.
The ID copies and power of attorney must be posted to Phase One in order for the company registration process to be completed.
4. Send Phase One information via email.
Personal details of the business as well as directors will be required this can be sent via email.
Visit Phase One to register a company today.
Here are 5 reasons why you should start a business today.
1. Online tools
In the business world today you do not need to know how to do everything, study a degree in everything or even pay someone the internet is your best friend. Many industry specific experts have made their knowledge available enabling you to utilise these resources. Resources range from starting a business right through to management of your business.
Here are some free online resources you could utilise in starting a business.
2. Government initiative programmes
Government in South Africa is focusing and driving entrepreneurship in the country by making various funding available for people who want to start a business or simply require capital to improve and maintain their business.
View our 2 part series on public sector funding in South Africa.
3. Funding available
The funding by private institutes is available however the only trick comes in when knowing where to go and how to apply for funding. The availability of funding is South Africa is ranked as one of the easiest in the world to aquire, but then why do entrepreneurs name it as the biggest factor holding them back? Its simple be prepared when approaching finance institutes.
4. Easy to register
The CIPC (Companies and intellectual properties commission) has simplified processes allowing you to register a company in a matter of hours. Yes it can be a handful if you do not know what is required of you but it is possible. You should not be hesitant to register a company as it is easy and convenient as well as affordable.
How to register a Private company, simply visit Phase One and all the information, costs, the process involved, what is needed to register a company and additional information will be available to you.
5. Discussion forums
Lastly once your business is up and running if ever you need advice or unsure of what’s required of you visit a forum. Discussion forums enable you to get peoples opinions and learn from people who may have similar problems or know a solution.
Visit The Forum SA for stimulating and informative discussions around all aspects of business.