Spotong Issue 15

Page 22

BUSINESS GUIDE

S S E N I S U B L L A M S E D I U G E C N E R E F E R

Y

ou’ve finally saved enough cash, you’ve secured the perfect location and you’ve even got a fancy office chair. In essence, you’re on your way to being a successful entrepreneur. But have you navigated the maze of legal work that is required to ensure that your budding business is operating legally? Fear not, you’re in good company. South Africa provides a dynamic environment for hundreds of thousands of thriving small businesses – 20

www.spotongmag.co.za

and with our handy guide, your business is sure to be one them.

How to register a small business?

postal registration. This process is the most cost-effective, however, the registration process can be timeconsuming and difficult to navigate alone.

There are many options regarding the registration process for a small business. Entrepreneurs can self-register via the Companies and Intellectual Property Commission (CIPC) – formerly called CIPRO – which also offers online and

Alternatively, entrepreneurs can register via a third-party company like Company Worx (companyworx.co.za) or Swiftreg (swiftreg.co.za), which both offer a variety of services, including the opening of a company bank account

Image: Shutterstock

EGALL O T E ID U G R U O Y : L U F S LEGALLY SUCCES USINESS! B R U O Y R O F E C N IA L P M CO


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