SME Solutions – Company Registration Services Review

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business registration online

Getting your business registered in South Africa has multiple benefits including business name protection, business compliance and access to tax incentives and financial assistance.

Where to register your business online?

You can register your company online on the Companies and Intellectual Property Commission (CIPC) website, BizPortal, or you can register your company via a bank online, as well as several companies who offer company registration- and other related services.

BizPortal offers company registration and related services.

New company registration costs R125 without a name, R175 including name reservation, according to BizPortal.

There are many companies that you can contact online to get company registration- and other related services.

SEE ALSO: The Basics of How to Register a Small Business in South Africa

SME South Africa did the research – we compare three companies that offer business registration services, taking into account their affordability, the different packages they offer and their technical expertise – we’ve looked at Ideal Business Registrations, Swift Reg and MB Accounting Services:

Ideal Business Registrations

business registrations online ideal

ABOUT IDEAL BUSINESS REGISTRATIONS

The consultancy agency company has been in business in the Southern part of Africa since 2011.

FEATURES

They help with new company registrations, SARS consulting, labour registrations, CIDB registration and upgrades, business branding and more.

PRICES

  • Basic: the basic package costs R750, which includes company registration, a Share Certificate and a Tax Clearance Certificate.
  • Premium: the premium package costs R950 which includes the company registration, a Share Certificate, a Tax Clearance Certificate and a B-BBEE Affidavit.
  • Executive: this package costs R2200, it offers company registration, a Share Certificate, a Tax Clearance Certificate, CSD Registration and a B-BBEE Affidavit.
  • All in One: this packages costs R3999, it includes company registration, a Share Certificate, a Tax Clearance Certificate, a CSD Registration, a B-BBEE Affidavit, VAT Registration and an Import/Export Permit.

BENEFITS

  • You can apply online.
  • After submission of your online application form you will receive an email with a list of required documents which includes copies of the director’s identity document (ID), Signed Power of Attorney, and proof of payment.
  • They keep you up to date via emails and SMS during the registration process.
  • The registration process turnaround period is approximately seven working days, depending on the package you choose. You can contact the company via telephone on 010 592 1898/ 011 039 1956 or via email on info@idealbusiness.co.za.

SEE ALSO: Best Practices for Domain Names With ZADNA

business registration online

MBS Accounting Services

business registration online mbs

ABOUT MBS

MBS Accounting Services is an accounting firm that has over 31 years’ of experience in the financial and tax sector.

FEATURES

MBS Accounting Services’ core services include tax returns/ compliance, CIPC services, payroll, registration and accounting services.

PRICES

  • Bronze: the bronze package costs R899, it includes a name reservation, company registration, income tax registration, a Share Certificate, a BBB-EE Certificate, a bank account, e-Filing registration, Business Bookkeeping Index List and an invoice template.
  • Silver: this package costs R5,206; it includes name reservation, company registration, income tax registration, a Share Certificate, a BBB-EE Certificate, a bank account, e-filing registration, Business Bookkeeping Index List, an invoice template, Letter For Public Officer, Letter for Confirmation for Sales, Tax Clearance Certificate, VAT Registration, bank details verification and Public Officer Appointment.
  • Gold: the gold package costs R6,586; it includes name reservation, company registration, income tax registration, a Share Certificate, a BBB-EE Certificate, a bank account, e-filing registration, Business Bookkeeping Index List, an invoice template, PAYE/UIF & SDL Registration, UIF Registration, WCOMP Registration and Letter of Good Standing.
  • Platinum: the platinum package costs R9,175; it includes name reservation, company registration, income tax registration, a Share Certificate, a BBB-EE Certificate, a bank account, e-filing registration, Business Bookkeeping Index List, an invoice template, PAYE/UIF & SDL Registration, UIF Registration, WCOMP Registration, Letter of Good Standing, Letter For Public Officer, Letter for Confirmation for Sales, Tax Clearance Certificate, VAT Registration, Bank Details Verification and Public Officer Appointment.

BENEFITS

  • You can register you new business online via their website and also make the payment online, after the registration is done.
  • The website tells you what is needed to complete registration.
  • Their process includes completing a needs analysis to better understand your situation; recommendations are provided and a monthly service level agreement is proposed.
  • You can request a Call-back – via their website. Once you are a verified MBS client, they start providing services according to your needs.

SEE ALSO: SARS Business Registration FAQs – What You Need To Know To Stay Compliant

Swift Reg

business registrations online swfit reg

ABOUT SWIFT REG

Swift Reg is a company that specialises in Company Registrations and related services.

FEATURES

According to Swift Reg, they register approximately 5% of all companies in South Africa and provide direct back end services to three of the largest banks in the country. The services Swiftreg provides range from registering your company’s name only or you applying for a BBB-EE affidavit.

PRICES

  • Silver Pro: the Silver Pro package costs R109 per month (incl. VAT). The package includes free domain for the first year, free setup, unlimited web traffic, 10G storage space, 2000 email accounts, 100 SQL databases and more.
  • Bronze: the Bronze package costs R899 once-off. It includes name reservation, company registration, income tax registration, a Share Certificate, BBB-EE Certificate, a bank account, e-filing registration, business bookkeeping index list and an invoice template.
  • Silver: the Silver package costs R5,206 once-off. This package includes name reservation, company registration, income tax registration, a Share Certificate, BBB-EE Certificate, a bank account, e-filing registration, business bookkeeping index list, an invoice template, VAT registration, Tax Clearance Certificate and much more.
  • Gold: the Gold package costs R6,586 once-off. This package includes  name reservation, company registration, income tax registration, a Share Certificate, BEE Certificate, a bank account, e-filing registration, business bookkeeping index list, an invoice template, PAYE/UIF & SDL Registration, UIF Registration, WCOMP Registration and Letter of Good Standing.
  • Platinum: the Platinum package costs R9,175 once-off. This package includes a name reservation, company registration, income tax registration, a Share Certificate, BBB-EE Certificate, bank account, e-filing registration, business bookkeeping index list, an invoice template, PAYE/UIF & SDL Registration, UIF Registration, WCOMP Registration, Letter of Good Standing, Letter For Public Officer, Letter for Confirmation for sales, Tax Clearance Certificate, VAT Registration, Bank Details Verification and Public Officer Appointment.

BENEFITS

  • You can register your business online in five simple steps including selecting your package, fill in your company information and contact details, and completing  payment online.
  • They have an advanced online service in the country and are backed up with a call centre operating from Monday to Friday during business hours.
  • Their website provides useful advice including a quick list of supporting documents you would need to register your company.
  • You can get assistance by calling the Swift Reg team on 021 595 4433 or you can email them at info@swiftreg.co.za.

Disclaimer: Please note that some of the links in this article are affiliate links and SME South Africa will earn a commission if you purchase through those links. All recommendations have been carefully considered and they are resources SME South Africa has found helpful and trustworthy.

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Melissa Javan
Melissa Javan
Melissa Javan is a writer with nine years' experience in the media industry. She enjoys blogging and taking part in Twitter chats. You can find her on Twitter @melissa_nel.