Income Tax Application
Corporate Income tax is compulsory for all trading entities whether they take the form of a sole proprietor, partnership, private company or close corporation.
Depending on factors such as turnover, payroll amounts and involvement in imports and exports, you could also be liable to register for other taxes and duties such as VAT, employees' tax, UIF, SDL and customs and excise duties.
In order to be issued with a Tax Clearance Certificate you will need to have an income tax number for your business. To register for Income tax number for your business you will first need to open a bank account once your company is registered. This account must be held in the name of the business. An original letter from the bank will be needed
You will also need to provide proof of address for the business (If the proof of address is not in the name of the business, we will need a signed affidavit and a copy of the municipal bill account holder.)
Please note all completed and supporting documents for Income Tax applications will need to be original. This means they should either be dropped off, couriered or posted by registered mail.
To apply for an Income tax number please CLICK HERE.
