06/10/2026
Don’t Register a Business for the Wrong Reasons
Do not register a business only because you want to get tenders or access funding.
Ask yourself, What happens if you don’t get the tender or funding?
At the end of the day, once you register a company, the company has ongoing compliance obligations and compliance is not free.
You may need to deal with CIPC annual returns, Beneficial Ownership, SARS returns, bookkeeping, financial statements and other applicable regulatory requirements, whether the company is making money or not.
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