Sole Proprietor

What is a Sole Proprietor? A sole proprietorship is generally limited to the individual funds of the sole proprietor, along with any loans from outsiders willing to provide extra capital. There is no division between the owner ad the business. This means that the owner is responsible, in civil and criminal law, for actions conducted …

How to register a company in South Africa

How to register a company in South Africa

Registering a company in South Africa might seem like a drag. Here, we’ll supply you with the information you need to do it yourself. Below is a very detailed summary of all the hoops you have to jump through in order to register a firm with about 50 employees and start-up capital of 10 times …

Types of South African Companies

In South Africa there are a few main trading entity types. The main types are listed here: Sole Proprietor Partnership Profit Company Non Profit Company Business Trust There are of course other trading types and legal entities that could trade as well, for example Body Corporates, Estates under administration etc. Sole Proprietor Sole proprietors make …