How do I register my business with SARS?
Go to www.sarsefiling.co.za. Type in your unique username and password – you will have decided on these when you registered for eFiling. Otherwise call SARS ZA on 0800 00 7277 (0800 00 SARS), provide your ID number and some other security details and they will restore access to your eFiling.
How do I register my business for tax in South Africa?
When do you need to register for Income Tax? A company must be registered with the Company Intellectual Property Commission (CIPC) to obtain a registration number. For registration procedures see www.cipc.co.za. The company will then be registered automatically as a taxpayer.
How do I get a business tax number from SARS?
If you have forgotten your tax number you can request it from SARS in various ways:
- Send us a query. …
- You can get it on eFiling if you are registered as an eFiler. …
- You can also request your notice of registration via the MobiApp if you are a registered eFiler.
When should a business register with SARS?
Make sure you register with SARS within 21 business days after becoming an employer, deduct PAYE and UIF from your employees’ salaries or wages and pay it over to SARS on a monthly basis. These payments must be made within seven (7) days after the end of the month.
Do I need to register my small business in South Africa?
For every new business established, you are required to register with your local SARS office to obtain an income tax reference number. Registration must be done within 60 days after starting operations by completing an IT77 form, available at your local SARS office or from the SARS website.
Can I run a company without registration?
To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration.
What qualifies as a small business in South Africa?
To qualify as an SBC the following requirements must be met: 1. The gross annual income of the business must be less than R20 million in the relevant tax period. … The business must be conducted as a private company, close corporation, co-operative or a personal liability company.
How do I get a SARS certificate?
How to request your Tax Compliance Status via eFiling
- Selecting the Tax Compliance Status Request option and the type of TCS for which you would like to apply. You will have the following options: Good standing. Tender. …
- Complete the Tax Compliance Status Request and submit it to SARS.
How much can a small business make before paying taxes?
As a sole proprietor or independent contractor, anything you earn about and beyond $400 is considered taxable small business income, according to Fresh Books.
How do I activate my business tax number?
NOW: To activate a Company Tax Type currently
- Log in to the eFiling profile, select Organisations, then tax types.
- Click on manage tax types, on this page you should see the tax types.
- To action, check the box to ‘Activate’ the Organisation Tax Type.
When can a business register for VAT?
When to register? Compulsory Registration It is mandatory for a business to register for VAT if the total value of taxable supplies made in any consecutive twelve month period exceeded or is likely to exceed R1 million.