How to Register Your Business for under R200.

Amazing how some people still ask me how to register their small business. I'm sure a vast majority of us do have access to the Internet or use an Internet cafe. However I'm just gonna add a bit of detail on how to register. I know some people make use of Accounting Officers for this purpose, but hey you could do it at a fraction of the cost. Here's how.

Log onto www.cipro.co.za and register as a customer. You've got to fill out all your details and confirm registration.
Next, you've got to reserve your business name. Once you've thought about a name, just fill out a CK 7 form. Take not that you would also have to submit your credit card details online as Cipro charges R50 for name reservation. Once this is done, Cipro will e-mail you to give you feedback on your proposed business name. This usually takes 1 to 2 days.

Once the CK 7 is approved, you now have to submit your Founding Statement which again, you will have to have R100 in your bank account. Also for this form, very important, you would have to include details of your Accounting Officer who agrees to represent your Small Business. An original letter to this effect should be obtained from the Accounting Officer. To find an Accounting Officer go to http://www.findanaccountant.co.za/. Some will charge you a fee for the letter and some don't. You'll have to call them to confirm.

Your Small Business letter confirming name reservation must be attached to the CK1 form.
Cipro usually takes about 10 days to process, but I've done my Small Business in quick time.
Here's a tip. Once you've done with online registration and have all necessary documentation including receipts of payment, wait about 2 days and then go to Cipro offices in Pretoria and hand in your Small Business registration documents. The Admin Staff will process it immediately. You just wait about 10 minutes for them to have it printed.

There you are-Your Small Business Registration in a nutshell.