22/11/2023
Don't register a company if you are not going to operate it. Rather reserve the name of your company and it cost just R50 to reserve the name of your company for a period of 6 months.
Take this advice to avoid ending up owing CIPC and SARS their annual returns as well as penalty fees.
There are some people who owe SARS thousands of rands because they registered their businesses years ago and never operate them or submitted their tax returns.