To start a business in South Africa, choose one of these:

New Company Sole Proprietorship
Registered company name Registered trade name
Director/s Sole Proprietor
Shareholder/s (can be different) One owner (same person)
Annual Return required Annual Return not required
Company responsible for debts Owner responsible for debts
Protection for risky work (e.g. building) Protection not needed (e.g. admin)
Annual Financial Statements required Annual Financial Statements required
2 main tax returns 1 main tax return
Same tax rate (on lower amounts) Same tax rate (on lower amounts)


To start a business in another country, visit: South Africa Offshore