Starting a business? Which structure to use - SA 2022!

Starting a business in South Africa? Not sure which business structure to use in South Africa? Sole proprietors vs Companies? I recently did a talk on companies (pty ltd) vs sole proprietors (sole traders), and looked at the pros and cons about companies (pty ltd) vs sole proprietors (sole traders), so enjoy the video, and feel free to comment below if you have questions then I can do a follow up on this video.

Do you need an accountant? Contact us at [email protected] or check out our website at www.saaccountingsolutions.co.za

Topics I covered

Administration
Easy vs Complex
Bank Accounts
SARS returns
Applications and forms
Risks
Legal risk
SARS
UIF and WCA
Limits on finance
BEE
Deregistration and liquidation
Separation of business and personal
How to start a business in South Africa
When is a sole proprietor more beneficial?
•Starting a new venture
•Part time money generating hobby
•Cost saving on administration
•Tax benefits for low profits
•Switching over to company is an issue

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