1

INTRODUCTION

2

Categories of SMMEs

3

TYPES OF BUSINESSES

4

Sole trader or sole proprietor (Owner)

5

Partnership

6

Close Corporation (CC)

7

Company

8

Co-operatives

9

REGISTRATIONS AS A NEW EMPLOYER

10

Summary of the statutory registrations required for employers

11

Employee’s tax – PAYE

12

Unemployment benefits (UIF)

13

Skills Development Fund and Levy

14

Compensation for Occupational Injuries and Diseases (COIDA)

15

Occupational Health and Safety

16

Formalising the employment relationship with employees

17

INCOME TAX

18

Provisional tax

19

How to register as a taxpayer

20

What happens if you do not pay tax or pay late?

21

SARS eFiling

22

VALUE-ADDED TAX (VAT)

23

VAT vendors

24

Who should register as a VAT vendor?

25

How do you register for VAT?

26

How does VAT work?

27

BUSINESS LICENCES

28

What types of business need a licence?

29

How to get a business licence

30

Does the business licence have to be renewed?

31

What happens if a person sells food and does not get a business licence?

32

Informal trading and hawking

33

EXPORTING AND IMPORTING

34

Permits for exporting and importing

35

Goods that are subject to export and import controls

36

Registering as an exporter and importer

37

ADMINISTRATION SKILLS FOR SMALL BUSINESSES

38

Bookkeeping

39

Payroll and personnel records

40

Other important records

41

Filing

42

Filling in forms

43

SUPPORT FOR SMMEs

44

The Small Enterprise Development Finance Agency (SEDFA)

45

Thusong Service Centres

46

National Small Business Advisory Body

47

PROBLEMS

48

Problem 1: What type of business to start

49

Problem 2: Starting a business which needs a business licence

50

Problem 3: Is being a VAT vendor worth it?

51

Problem 4: Drawing up a business plan

52

MODEL LETTER

53

Model letter of appointment

54

CHECKLISTS

55

Checklist: When starting a business

56

Checklist: Business Licence Types