How to Start a Business in South Africa and Understand Your Tax Responsibilities
Want to start a business in South Africa? Here’s how to register your company, meet your tax obligations, and stay compliant with SARS — the South African Revenue Service. Whether you're launching a small business, online store, or consultancy, this guide explains everything step-by-step so you can start legally and grow successfully.
Frequently Asked Questions (FAQ)
How do I register a business in South Africa?
You can register your business online via the CIPC (Companies and Intellectual Property Commission). Most entrepreneurs choose a Private Company (Pty) Ltd for credibility and limited liability.
What taxes do I pay as a small business owner in South Africa?
You may need to pay Company Income Tax, VAT, PAYE, UIF, and SDL, depending on your revenue and employee count.
Step-by-Step: How to Register a Business in South Africa
1. Choose a Business Structure
You can operate as:
- Sole Proprietor
- Private Company (Pty) Ltd ✅
- Partnership
- Co-operative
- Non-Profit Company (NPC)
2. Register Your Business with the CIPC
Register online via the CIPC website.
Steps:
- Create a CIPC customer profile
- Reserve your company name (optional but useful)
- Register your company
- Pay the registration fee (from R125)
- Receive your COR14.3 company registration certificate
3. Register with SARS for Business Tax
Once registered, SARS is notified. You’ll need to:
- Register for Income Tax
- Register for VAT (mandatory if revenue exceeds R1 million/year)
-
Register for PAYE, UIF, and SDL (if hiring employees)
Do this via SARS eFiling.
Understanding Small Business Tax in South Africa
1. Company Income Tax (CIT)
- Rate: 28% on taxable profit
- Filing: Two provisional tax returns + one annual ITR14 return
2. Value-Added Tax (VAT)
- Mandatory: If turnover > R1 million/year
- Voluntary registration: From R50,000
- Rate: 15% on most goods/services
3. Pay-As-You-Earn (PAYE)
- Required if you employ staff
- Deduct and pay monthly to SARS
4. UIF Contributions
- 1% from employer + 1% from employee
- Supports employees during unemployment, illness, or maternity
5. Skills Development Levy (SDL)
- 1% of payroll if total exceeds R500,000/year
- Helps fund employee training and upskilling
Case Study: Thandi’s Digital Agency in Durban
Thandi (32) starts Thandi Media (Pty) Ltd in Durban.
She:
- Registers via CIPC (R175 fee)
- Registers for Income Tax, PAYE, UIF via SARS eFiling
- Voluntarily registers for VAT (to appear professional)
First-year revenue: R650,000
Obligations she meets:
- Pays Company Tax (28%) on profit
- Submits PAYE & UIF monthly
- Pays 1% SDL (her payroll > R500,000)
She also hires an accountant to stay compliant.
Top Tips for Tax Compliance in South Africa
✅ Keep digital records of all sales, expenses, and salaries
✅ Use accounting software (such as Odoo) or a SARS-registered tax practitioner (get in touch with our team of accountants and tax practitioners)
✅ Submit returns (CIT, VAT, PAYE) on time
✅ Check if you qualify for Small Business Corporation (SBC) tax rates
✅ Budget for tax — avoid last-minute surprises
Build Legally, Grow Confidently
Starting a business in South Africa is doable — if you follow the legal steps and understand your tax responsibilities. Registering properly with CIPC and SARS, staying on top of compliance, and planning financially puts your business on a solid path.
Need Help with Business Registration or Tax?
XRA Accounting helps South African entrepreneurs register companies, handle tax compliance, and access affordable business advisory services.
👉 Contact us today for a free consultation.