REGISTRATIONS

Alleviating Stress

WE CAN ASSIST WITH A RANGE OF REGISTRATIONS 

 

SARS Registration

  • Income Tax:

      Every entity needs to register with SARS for Income and provisional tax.

  • PAYE or Employees Tax:

      A business need to register for PAYE as soon as the employees earn more than the tax threshold for the specific financial year. Directors         of companies who earn a monthly income also need to register for PAYE.

  • SDL Registration:

     A company need to register for the Skills Development Levy) when its gross remuneration exceeds R 500 000 per annum. 

  • VAT Registration

A company need to register for VAT (Value Added Tax) as soon as the turnover exceeds R 1 million per annum.

 

We have helped allot of companies with their VAT Registration and we have seen that many VAT Registrations are not processed due to the fact the companies submit incomplete documentation and that the supporting documents are not correct or incomplete. We have seen these pitfalls and will be able to assist you with your VAT Registration.

The following aspects need to be understood before starting with the VAT registration process:

 

  • Each director need to be 100% compliant in his / her own name.

  • Any other entities the directors are involved need to be 100% compliant.

  • All the various tax returns and payments of the company (the applicant) need to be done

If all of the above are done, you can start with the VAT registration process and then the following supporting documents need to be submitted as well:

 

  • Certified copies of ID's of all Directors / Trustees.

  • Proof of Address of all Directors / Trustees.

  • Proof of Address of the Entity

  • Latest company registration documents of a Company or Closed Corporation or the Trust deed of a Trust.

  • Proof of bank details.

 

  • PAYE Registration

       PAYE registration needs to be done by the employer as soon as the company starts employing people. On this monthly return submitted         to SARS you will need to pay to SARS the UIF and PAYE deducted from your employees.

 

The following supporting documents need to be submitted:

  • Certified copies of ID's of all Directors / Trustees.

  • Proof of address of all Directors or Trustees.

  • Proof of Address of the entity

  • Latest company registration documents of a Company or Closed Corporation or the Trust deed of a Trust.

Proof of Bank Details

 

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