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  • Small businesses beat tough times | CORP
    in Randpark Ridge It doesn t end there either he is also planning to set up a stall on Vilakazi Street Soweto is a centre of attraction he says These avenues are the way forward for the expansion of his business via Small businesses beat tough times News Update This entry was posted in Black Business Entrepreneur Small Business SMME Women and tagged soweto by admin Bookmark the permalink Leave

    Original URL path: http://annualreturns.corp.co.za/small-businesses-beat-tough-times/ (2015-12-05)
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  • New fund to aid small business | CORP
    Buthelezi said this entailed private sector businesses making contributions to the NEF s enterprise development fund The NEF would use this money to co finance the NEF s investments in enterprise development beneficiaries It would help make these businesses sustainable and financially independent For a company to obtain the maximum of 15 points on enterprise development it should contribute 3 of its net profit after tax The minimum contribution a measured entity may make into the NEF enterprise development fund is R5m Looking exclusively at the 3 net profit after tax of the top 40 JSE listed companies collectively the potential resources available for enterprise development exceed R5 3bn Buthelezi said for every transaction that qualified for enterprise development funding the NEF would co invest on a 60 40 ratio with the fund carrying up to a maximum of 40 of the risk The NEF said for five years from the time of contribution the companies would enjoy their newly improved BEE scorecard ratings The benefits would fall away on year six after which the company had to contribute again to maintain the enterprise development points on the scorecard via New fund to aid small business Fin24 Economy This entry

    Original URL path: http://annualreturns.corp.co.za/new-fund-to-aid-small-business/ (2015-12-05)
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  • Business | CORP | Page 2
    anything And manufacturer or store warranties limit recourse to repairs because it s obviously much cheaper for a company to repair an item than replace it or refund a customer s money in full But the act has turned that status quo on its head giving the consumer the power to decide on the remedy and he or she is backed up by a Consumer Commission and Consumer Tribunal which have the power to impose hefty penalties on companies which fail to comply with the terms of the act If goods bought by consumers fail in some way the consumers get to decide which of the three Rs a refund replacement or repair they want via Consumer Protection Act explained South Africa Posted in Business CPA Customers Clients Tagged consumer refund repair replace Leave a reply Business in Population Management Posted on 5 August 2011 by admin Reply Global population numbers are on track to reach 7 billion in 2011 just 12 years after reaching 6 billion in 1999 Virtually all of the growth is in developing countries And the growth of the world s youth population ages 15 to 24 is shifting into the poorest of those countries The new Population Reference Bureau s 2009 World Population Data Sheet offers detailed information about country regional and global population patterns In the context of CSR I find it interesting that we talk a lot about the environment and its connections with growth and we discuss at length the use and abuse of natural resources and links to climate change Yet one of the major challenges that businesses could play a role in relates to birth control and population management via A Role for Business in Population Management Use Celsias com Posted in Business Economy Jobs Women Tagged jobs opportunities population sustainability Leave a reply IEC Electoral Commission of South Africa Posted on 5 August 2011 by admin Reply IEC Electoral Commission of South Africa Remember at election times choose support and vote for the party to best influence the country s economy and business environment Posted in Apartheid Racism Business Economy Jobs Tagged business development job creation Leave a reply SA needs to start more businesses Posted on 2 August 2011 by admin Reply Perhaps I am being melodramatic but let s take a look at some numbers Data that tracks the total entrepreneurship activity of some countries has shown that South Africa is waning in terms of entrepreneurship activity In a recent report released by FNB and Endeavor South African about the state of South African Entrepreneurship shows that the total entrepreneurial activity for SA is 5 which is less than half that of India Brazil and Mexico Total entrepreneurship activity is a global index and it measures how much of the labor force of a particular country has started a business and also includes people who have kept businesses going for the last 3 5 years In 2001 the total entrepreneurship activity for South Africa was 9 3

    Original URL path: http://annualreturns.corp.co.za/category/business/page/2/ (2015-12-05)
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  • cc vs pty tax | CORP
    vs pty tax Posted on 3 January 2012 by admin CC and Pty tax is the same 28 currently in South Africa This entry was posted in Business and tagged Tax tax rate taxrate by admin Bookmark the permalink Leave a Reply Cancel reply Your email address will not be published Required fields are marked Name Email Website Comment You may use these HTML tags and attributes a href title

    Original URL path: http://annualreturns.corp.co.za/cc-vs-pty-tax/ (2015-12-05)
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  • taxrate | CORP
    Ambitious EntrepreneursEntrepreneurThis recession proof franchise has been rapidly growing Entrepreneur has named it one of the top 20 franchises for the last five years Total Investment will range 62 9K 417 9K Credibly states that average annual sales are between 254 700 585 800 11 Aspiring Entrepreneurs Share Lessons From Cherished Books Entrepreneur 4 December 2015 Entrepreneur11 Aspiring Entrepreneurs Share Lessons From Cherished BooksEntrepreneurWe all know the Warren Buffett philosophy about reading I experienced firsthand the compounding positive effects reading has on the brain during a two year sprint where I read 197 books Since then my relentless hunger for learning has been unleashed 4 Ways Just Getting Ready to Hire an Assistant Helps Entrepreneurs Entrepreneur 4 December 2015 Entrepreneur4 Ways Just Getting Ready to Hire an Assistant Helps EntrepreneursEntrepreneurJoin us at Entrepreneur magazine s Growth Conference Dec 15 in Long Beach Calif for a day of fresh ideas business mentoring and networking Seats are limited Register now to secure your spot and receive exclusive reader rate expires 12 8 The Entrepreneurial Chicken or Egg Dilemma Entrepreneur 4 December 2015 EntrepreneurThe Entrepreneurial Chicken or Egg DilemmaEntrepreneurIt s hard to sell a product before it exists It s also hard to perfect an offering without steady cash flow So where exactly is an entrepreneur to begin We ve polled leading entrepreneurs on the art of the first sale and here s what we learned on Recent Posts Government continues to disrupt business Sole Proprietor Start a business today 7 Small Business Ideas For 2013 Company Registration CORP 5 Lead Management Tips for Small Business Trading as Categories Accounting Angel investors Apartheid Racism Astrid Ludin audit firms banking BCEA Big Business Black Business Branding Business business ideas business tips Cape Town cc Cell C CIPC cipc co za CIPRO Cloud Company Law

    Original URL path: http://annualreturns.corp.co.za/tag/taxrate/ (2015-12-05)
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  • How many trading names can a CC use? | CORP
    tradename co za you can use more than one trade name for a CC or Pty Best though to keep separate bank accounts and sets of books to monitor performance this would also lead to one www unyaka co za per unit tradename This entry was posted in Business and tagged trade name trading as trading name by admin Bookmark the permalink Leave a Reply Cancel reply Your email address

    Original URL path: http://annualreturns.corp.co.za/how-many-trading-names-can-a-cc-use/ (2015-12-05)
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  • trade name | CORP
    have prompted would be business leaders to reconsider whether 10 Promising Franchises for Ambitious Entrepreneurs Entrepreneur 4 December 2015 Entrepreneur10 Promising Franchises for Ambitious EntrepreneursEntrepreneurThis recession proof franchise has been rapidly growing Entrepreneur has named it one of the top 20 franchises for the last five years Total Investment will range 62 9K 417 9K Credibly states that average annual sales are between 254 700 585 800 11 Aspiring Entrepreneurs Share Lessons From Cherished Books Entrepreneur 4 December 2015 Entrepreneur11 Aspiring Entrepreneurs Share Lessons From Cherished BooksEntrepreneurWe all know the Warren Buffett philosophy about reading I experienced firsthand the compounding positive effects reading has on the brain during a two year sprint where I read 197 books Since then my relentless hunger for learning has been unleashed 4 Ways Just Getting Ready to Hire an Assistant Helps Entrepreneurs Entrepreneur 4 December 2015 Entrepreneur4 Ways Just Getting Ready to Hire an Assistant Helps EntrepreneursEntrepreneurJoin us at Entrepreneur magazine s Growth Conference Dec 15 in Long Beach Calif for a day of fresh ideas business mentoring and networking Seats are limited Register now to secure your spot and receive exclusive reader rate expires 12 8 The Entrepreneurial Chicken or Egg Dilemma Entrepreneur 4 December 2015 EntrepreneurThe Entrepreneurial Chicken or Egg DilemmaEntrepreneurIt s hard to sell a product before it exists It s also hard to perfect an offering without steady cash flow So where exactly is an entrepreneur to begin We ve polled leading entrepreneurs on the art of the first sale and here s what we learned on Recent Posts Government continues to disrupt business Sole Proprietor Start a business today 7 Small Business Ideas For 2013 Company Registration CORP 5 Lead Management Tips for Small Business Trading as Categories Accounting Angel investors Apartheid Racism Astrid Ludin audit firms banking BCEA

    Original URL path: http://annualreturns.corp.co.za/tag/trade-name/ (2015-12-05)
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  • FAQ | CORP
    you open Kilnor CC s or Kilnor Pty Ltd s own bank account and carry on banking there b Ask for payments to be made out to your name as a temporary measure while you await your business bank account c Ask for cash and give a receipt Remember however you handle it all CC PTY funds must be accounted for properly as income etc in the CC s PTY s books What are the pros and cons of a CC or PTY Everything in life has pros and cons All good things have limitations The aim is to IMPROVE your overall position by taking a certain action The question therefore is Will a CC PTY IMPROVE my overall position Pros Can pay less tax if you and your accountant know what you re doing Can limit your liability Can protect from sequestration Can improve public image Can boost personal motivation Can stimulate business Can make more money PTY conceals ownership Cons You need to follow the rules of running a CC Company laid out in the CCs Companies Acts not difficult if you understand how we help you to understand and so can your accountant lawyer PTY annual audit fee can be somewhat higher than annual fee for CC Sole Proprietor this is mostly regarded as being well worthwhile for the benefits experienced from the Pros above For more Pros and Cons see our Comparison Table How does a CC or PTY protect me from loss of personal assets If the car you use for CC purposes is in your name not in the CC s name and the CC hires the vehicle from you and the CC is unfortunately liquidated say because the government changed the law which made your kind of business inoperable and you were unable to pay creditors the CC s creditors will not be able to take your car This applies to other assets in your name like your house bed etc That is assuming that you did not sign surety for the CC s debts If the car is in the CC s name and the CC is liquidated you will lose the car You need to try keep yourself clean as unencumbered as possible because if your estate is sequestrated you will lose your car and your CC How does a CC or PTY protect me from risk factors such as public liability If you are doing a garden landscape through your CC Glitzy Garden Landscapers CC and your quote contract etc are all in the name of the CC with registration number etc then if by accident one of your workers say reverses into your client s child killing the child then the client will only be able to sue and claim from the CC If the CC is being operated as a trading shell completely legal and you have all your backactors graders cutters ploughs trimmers etc NOT in the CC s name then the client can sue the CC the client can t sue you the contract is with the CC for millions of dollars rands get maybe a few dollars rands from the CC bank account and that s all The client can even liquidate the CC you will probably only lose a little money you will need another CC for the next day s trade then you carry on with your business through another CC with all your assets equipment etc in tact This is legal and quite ethical Accidents happen and why should you suffer unnecessarily for an accident After all you did not wish it or do it on purpose If you did not operate through a CC or PTY the client suing you would mean your estate would be sequestrated and you would lose all your personal assets house boat bike bed the lot With your CC PTY you don t lose anything And that dear reader is the power of the CC And PTY How can a CC or PTY make me more profit Firstly the impact of the organising effect of registering incorporating your business often results in improved image and greater productivity for both owner and business This usually leads to more profit being made Generally as a registered entity it is easier to deduct various expenses which the revenue service might otherwise dispute such as a portion of your rent for business purposes etc More deductions like this means more money in your pocket How can a CC or PTY help me pay less tax Generally as a registered entity it is easier to deduct various expenses which the revenue service might otherwise dispute such as a portion of your rent for business purposes etc More deductions like this means less tax and more money in your pocket Also see our Comparison Table for the tax efficiency of CCs and PTYs How do you write a Business Plan With a lot of effort concentration and know how It is not just a matter of placing a bunch of facts on paper A good business plan requires certain qualities accuracy of information and figures clear presentation and wording market and business insight Click here to get help with a Business Plan How do I issue a CC member certificate After acquiring your CC print our free sample certificate fill it in and sign it get it signed How do I change the name of my CC or PTY To change your CC s name use our handy online application form To change your PTY s name email your request to us giving all relevant details about your PTY How do I change the purpose of my CC or PTY To change your CC s purpose use our handy online application form To change your PTY s purpose email your request to us giving all relevant details about your PTY How do I change the members of my CC or PTY To change your CC s members use our handy online application

    Original URL path: http://annualreturns.corp.co.za/faq/ (2015-12-05)
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