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)
Company responsible for debts Owner responsible for debts
Protection for risky work (e.g. building) Protection not needed (e.g. admin)
2 main tax returns 1 main tax return
Same tax rate (on lower amounts) Same tax rate (on lower amounts)