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Chapter 14
Related Sections
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

What types of business need a licence?

A business must have a licence if it has anything to do with:

  • Making or selling food which can go off
  • Health or entertainment activities, such as a business involving sauna, massage, snooker, billiards, slot machines, a night club, disco or showing films
  • Selling alcohol

For example, Lotando has a spaza shop, which sells only dry goods like tea, washing powder, coke and so on. He sells no fresh foods so he doesn’t need a licence. Patrick sells fruit and vegetables. Joyce has a stand next to the road where she makes hotdogs and fishcakes. The things Patrick and Joyce sell can go off and so they need a licence. But no licence is necessary if:

  • The person makes and sells the food from their home
  • The trader has a hawker’s licence