VAT Registration , Taxation - SARS, Ptynow

VAT Registration

Regular price R 2,500.00 Sale

You are required by SARS to register for Value Added Tax (VAT) if your company’s turnover exceeds R1,000,000 within a 12 month period.

You can also voluntarily register for VAT if your turnover is at least R50,000 but less than R1 million within a 12 month period.

To register with SARS the following is required:

  • Transfer of your efiling profile to ours (we will transfer is back once we have finished with it)
  • Company income tax number
  • Company documents and details (name and registration number)
  • Power of attorney to act on your behalf at SARS (we are responsible for its preparation)
  • Certified copies (not older than 3 months) of the ID documents of all the directors
  • A letter appointing one of the directors as a Public officer (to sign documents)
  • Proof of address of the Public Officer (not older than 3 months), e.g. municipal account.
  • Proof of address of the company (not older than 3 months), e.g. municipal account.
  • Original and stamped letter from the bank confirming the bank details of your company
  • Bank statements reflecting cash inflows of R50 000 or more for the last three months
  • Copies of invoices valued at R50 000 or more.