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A major South African winery, a key supplier to a large wine distributor, engaged our services to obtain a special Manufacturing warehouse licence from the South African Revenue Service (SARS). This license is essential for their on-site wine production and bottling.…
UIF – Trading as a Sole Proprietor Did you know that if you are trading as a Sole Proprietor that you are still required to register with the Unemployment Insurance Fund (UIF). Registering as a sole proprietor with the Unemployment…
CIDB Requirement TRACK RECORD (APPOINTMENT AND COMPLETION LETTERS, PROJECT INVOICES) An award document is a signed offer and acceptance form or a letter from the client to the contractor, instructing or authorizing them to begin the work as outlined in…
In the EB class of works, an electrical contractor’s certificate is required because the work involves electrical installations within buildings. However, in the EP class of works, an electrical contractor’s certificate is not needed, as the work is more focused…
Company Deregistration’s at CIPC and Taxes Deregistration’s at SARS. Deregistering a company can be a significant step, and it’s essential to understand the processes involved with both the Companies and Intellectual Property Commission (CIPC) and the South African Revenue Service…
For any application above level 2, a registered VAT number and VAT 201s will be a requirement at CIDB. VAT 201s are required and requested when the company financial statements are not audited. These documents then serve as supporting evidence…
The South African Revenue Service (SARS) has implemented new processes for the registration of Registered Licensees and Agents (RLA) to enhance efficiency and compliance within customs operations. This initiative is part of SARS’s broader commitment to streamline customs procedures, facilitate…
Simplifying UIF Deregistration at the Department of Labour in South Africa When running a business in South Africa, compliance with employment regulations is critical. One key requirement for employers is to register for the Unemployment Insurance Fund (UIF) when hiring…
An ITAC (International Trade Administration Commission) permit is required in South Africa for certain imports and exports of goods. ITAC is the body that regulates trade policies, specifically controlling trade restrictions, tariffs, and quotas. The types of individuals or entities…
In South Africa, the consumption of goods or services are taxed. This is destination based. There is a limited range of supplies or goods or services that are either exempted or zero rated. VAT exempt – If a good or…