This was useless. You explain the scenarios instead of solutions.
@GloriaKgampeКүн бұрын
Hi Sorry to bring you back to this, could you please explain how companies that do not contribute to the SDL, but want to start developing their employees can benefit from this
@Bonga_financelifecoachКүн бұрын
Quick question what are the implications on non-compliance to BO-filing? Is there a penalty like annual returns. Thank you for the work you do, I've worked with SwiftReg a while ago and everything was swift
@siyagarciaa79098 күн бұрын
hey I did not receive an OTP how do I work around that ?
@swiftreg7 күн бұрын
Hi there, that's frustrating. The only way to resolve this is to contact the CSD call center.
@MaletjeM10 күн бұрын
the ONLY video ive come across in the last 6 months that makes sense on the BO stuff. Thank you!!!!!
@swiftreg10 күн бұрын
Thank you for the compliment!
@KAYAKARAN0119 күн бұрын
hi How can I reach your company bc your whatsapp not working and nobody answers e mails. I have a foreign phone number planning to register a company in SA.
@swiftreg19 күн бұрын
It is possible to use a foreign mobile number to register a company in South Africa, but it is not recommended because you won't be able to do director changes as the OTP is only sent to local numbers.
@WORLDDELICIOUSFOOD-cc1sc20 күн бұрын
My company is wholesale importing in USA 🇺🇸 .. how can I selling my customers to Canada ? But Direct export good from Vietnam 🇻🇳 to Canada 🇨🇦 under my USA 🇺🇸 company ?
@swiftreg19 күн бұрын
Hi there, we only deal with the South African import export authorities. You will need to check with the US and Canada, sorry I could not be of more assistance.
@MoneyNkhosi22 күн бұрын
Thank you, it very informative. looking to get a business coach. ANY RECOMMENDATIONS??
@swiftreg21 күн бұрын
Hi there, I am sorry I can't assist, but I am sure it will be money well spent. Good luck!
@evanstricks271223 күн бұрын
GOOD DAY IF I WANT TO REGISTER SECURITY COMPANY WHAT I MUST DO
@swiftreg21 күн бұрын
Hi there, I would recommend using our security package. www.swiftreg.co.za/industrypackages.aspx?packid=9
@ManliestofMen27 күн бұрын
I can one wilfully deregister a company?
@swiftreg25 күн бұрын
Yes, its called voluntary deregistration kzbin.info/www/bejne/roCmaqWhbbalbM0si=iYWFzc4j7fLBaJOY
@mazam201428 күн бұрын
Wonderful explaination for beginners I conratlate your team who are assisting you .
@swiftreg27 күн бұрын
Thank you, I am also learning everyday :)
@wesleyharrington8690Ай бұрын
Thanks for the videos. Trying to understand setting up and buying into South African business is difficult!
@swiftreg27 күн бұрын
Yes, that is true, my recommendation is to focus on your shareholder agreement. Minority shareholders in a private company are not in a strong position especially on exit.
@fortunecolossus54177 күн бұрын
Hi how can a holding company that acquired shares in my company be listed as a shareholder of my company and obtain share certificates as well @@swiftreg
@fortunecolossus54177 күн бұрын
@@swiftreg I patiently await your response
@sifisozahkele4167Ай бұрын
Hi sir how does one add new shareholder in a company on the cipc dashboard
@swiftreg27 күн бұрын
Hi there CIPC does not manage any shareholder changes. The outcome of the shareholder change must however be captured on the beneficial ownership declaration with CIPC. We can assist you with both shareholder changes www.swiftreg.co.za/swiftreg/products/director-shareholder-changes.aspx and with beneficial ownership www.swiftreg.co.za/swiftreg/products/beneficial-ownership.aspx
@akumziakuva5689Ай бұрын
Good day, how do I change my number. I no longer use the old one so how do I change it?
@swiftreg27 күн бұрын
You will need to lodge a ticket with CIPC and follow the procedures.
@lizwisabelaАй бұрын
H'i how can I renewal my csd
@swiftregАй бұрын
CSD Registration does not expire but your tax compliance needs to be up to date to be considered for any tenders. When your BEE affidavit expires it must also be updated.
@SSlionesАй бұрын
What your website??
@swiftregАй бұрын
www.swiftreg.co.za
@frankenmeesterАй бұрын
Great info, very much appreciated. You mentioned that you can use contract/s again as a means to register for VAT, is this still law? Do you still require the R50k in bank account with 3 or more invoices to register when you're using the contract/s method? We manufacture agricultural equipment, so I opened a separate business that I want to use solely for irrigation equipment. Is there a way for me to speak to you directly?🤔
@swiftregАй бұрын
Hi there, yes you can use a contract in your VAT application as opposed to the three invoices method. My recommendation is you call the office on 021-5954433 and speak to Amber as she is the VAT specialist. I am, currently recovering from a spinal fusion operation and not in the office.
@abydaniel4230Ай бұрын
Thankyou you explained everything as
@swiftregАй бұрын
You are welcome! :)
@ladonnamorrison3616Ай бұрын
Best video, you are an excellent teacher. Thank you for the clarification, CIPC should/could learn from you.
@swiftregАй бұрын
Wow, thank you!
@LordJesus215Ай бұрын
Well done Douglas. This is brilliant.
@swiftregАй бұрын
Thank you, much appreciated!
@mudodo1Ай бұрын
I am required to print a share certificate with a stamp of the accountant or auditor. Can you help and how much does it cost? Thank you.
@swiftregАй бұрын
Hi there, we charge R390, please use the following link. www.swiftreg.co.za/swiftreg/products/share-certificates.aspx
@zamuxolozameko4222Ай бұрын
Brilliant presentation. How do I book one on one engagement?
@swiftregАй бұрын
Hi Xolo, thank you for the compliment. My recommendation would be for you to rather make an appointment with a professional financial advisor as these types of decisions can't be made in isolation. It is also a continuous life's journey in reassessing your financial strategy.
@simomamba6925Ай бұрын
I am from Swaziland looking to start a media company with a South African friend of mine. What advise would you give me?
@swiftregАй бұрын
Hi Simon, that a broad question, but yes it may be the most rewarding decision you will even make. There will be ups and downs, but just remember you learn the most during the hard times. Good luck we need more entrepreneurs like you!
@KAYAKARAN01Ай бұрын
Thanks for your clear informations.
@swiftregАй бұрын
You are welcome!
@G-ManWaseKasiInManchester2 ай бұрын
Thanks man
@swiftreg2 ай бұрын
You're welcome!
@yodailycupotea2 ай бұрын
I did it myself on the cipc website for R590. Registered TM.
@cynthia36272 ай бұрын
Your content is well explained and easy to understand. Thank you
@swiftreg2 ай бұрын
You are welcome!
@cynthia36272 ай бұрын
Your vedios are excellent. Thank you
@swiftreg2 ай бұрын
Glad you like them!
@grayyyyx2 ай бұрын
Good day. I need a bit of help... I registered a company in November 2022, I had a friend of mine listed as a director and because of distance we were never able to get a business account and so we've been trading with my personal account. The company stopped operating in May this year, and I'd like to file taxes for 2022/2023 and 2024 and de-register the business. Is it possible to file with my personal account, and if not what can I do to resolve the issue.
@swiftreg2 ай бұрын
Hi there, your situation is more complex as it may involve loan accounts. My recommendation is that you get advice from an accountant. One option is that you could choose to keep the company if there is a tax loss, but only if you intend starting another business. Sorry I could not be more helpful.
@grayyyyx2 ай бұрын
@@swiftreg thank you, I appreciate your response
@makhosazanamkhwanazi17892 ай бұрын
Thank you this is soooo informative
@swiftreg2 ай бұрын
Glad it was helpful!
@unishamaharaj2 ай бұрын
how do we change the customer code details on CIPC, our employee who used to manage CIPC for us has resigned and we need to change her details to a Directors ID and details
@swiftreg2 ай бұрын
You will need to lodge a ticket with CIPC.
@glenmnisi15232 ай бұрын
Thank you so much for this. I have one question though; I tried to change my company phone number to my new one so I can get the OTP, which I was successful in changing it. But when I file for B/O, it keeps using my old phone number. Is there maybe a way to fix that or maybe I need to wait until a certain period in order for it to change to the new phone number?
@swiftreg2 ай бұрын
Hi Glen, I have never experienced such a scenario before, so my advice would be to lodge a ticket. It could be a coding error on their side. Sorry, I could not be of more assistance.
@MithraHannes2 ай бұрын
Hi, is it possible to remove a member from an existing CC if there are currently two members. If it is possible, how is it then done, as it seems that the CIPC website only offers a way to add a new member? Your advice would be greatly appreciated.
@swiftreg2 ай бұрын
Hi Mithra, yes you can, there should be a dropdown allowing you to resign the member. This will automatically reduce their membership to zero (visible in grey on the last page). If you require help, you are welcome to use our services by clicking on the following link www.swiftreg.co.za/swiftreg/products/close-corporation-changes.aspx
@MithraHannes2 ай бұрын
Hi @@swiftreg Thank you so much for your prompt reply, and I will most definitely contact you regarding your services! Much appreciated, and thank you for your good and informative youtube content - Keep it Up 😉😎🦾💪 (Yster🤠)
@utjiuatjavara37872 ай бұрын
Superb explanation thank you
@swiftreg2 ай бұрын
You are welcome
@mikemichael61552 ай бұрын
can I get help on how to cancel an application on cibd becauce of not having the documents that are needed to upgrade to that grade
@swiftreg2 ай бұрын
Unfortunately, we only handle new applications for Grade 1. My recommendation is for you to go to their office for assistance.
@hlengiwehlambisa53442 ай бұрын
How do we correct the error of selecting "Affected Company" to change to "Non-Affected with BO", I submitted on the 2nd and I only received the email confirming the Filing. I did not get any certificate.
@swiftreg2 ай бұрын
Hi there, if you log on and navigate to the place where you downloaded the BO certificate you will see there is an edit button. That should allow you to edit the application.
@samanthaheavenmilanzi51482 ай бұрын
Very informative! Thanks for this video
@swiftreg2 ай бұрын
Glad it was helpful!
@PakoMompei2 ай бұрын
Hi, what do I do if I want to reset password but it won’t send OTP to me mobile?
@swiftreg2 ай бұрын
Hi Pako, wow that's is frustrating. I would start by lodging a ticket with CIPC and if you get not luck there, you may have to go to one of their satellite offices.
@KayserCademy2 ай бұрын
Kindly explain me what licenses do a SSP needs to operate as CCTV installer and operator in South Africa. Much appreciated thank you.
@swiftreg2 ай бұрын
Hi Kayser, CCTV installer and operators require the standard PSiRA company registration.
@ronnielmulaudzi2 ай бұрын
Fantastic video!
@swiftreg2 ай бұрын
Thank you very much!
@thandinkidi86102 ай бұрын
What should we upload where it's written mandate?
@swiftreg2 ай бұрын
The mandate is a signed document where the directors of the company give the filer permission to lodge the Beneficial Ownership.
@RachaelL-g3l7 күн бұрын
@@swiftreg I am a sole owner and director. Can I be the filer and if so, do I write the mandate to myself? Thank you
@thabelodzivhani40352 ай бұрын
hello there sorry to bring you back on old things like this. as an employee id like to know what wil it benefit me from paying SDL. i heard you say something about getting some of it back but thats if im the owner of the business. as a worker and paying SDL will i get it back?
@swiftreg2 ай бұрын
Hi there, SDL paid by the employer not the employee.
@Mnaoke2 ай бұрын
How does one get to stage 2 of the registration process?
@swiftreg2 ай бұрын
Hi there, we charge R390 for CSD registration assistance. Should you choose to make use of our service please use the following link for a manual application to be emailed to you. www.swiftreg.co.za/swiftreg/products/csd-registration.aspx
@Luna4bffs2 ай бұрын
If you send a letter to cipc saying its dormant, must it be dormant for 12 months? I want to deregister, but it will stop trading end of this month. What Wording do I use then?
@swiftreg2 ай бұрын
Hi Luna, You are putting the cart before the horse. First stop trading and then start the deregistration process as explained in the video. You do not have to be dormant for 12 months to start the process.
@beefnkoana6622 ай бұрын
So does it mean the Beneficial Ownership video invalidates this video?
@swiftreg2 ай бұрын
Hi there, I am not sure sure I understand your question. Holding companies are perfectly legal structures and each company within the structure must complete the Beneficial Ownership declaration.
@andresmit99492 ай бұрын
Hi is there anyway I can contact someone with a complicated tax issue, I'm hired as a independent contractor but taxed as an employee by the company I work for
@swiftreg2 ай бұрын
Hi Andries, my suggestion is that you contact a mid to small size accounting firm to assist you. I prefer small firms over individuals due to the continuity they offer and preferably a firm close to you for practicality.
@nkosinathidyubele50313 ай бұрын
Hello my account has red square 🟥 I dont knwo how to solve it
@YibanathiNgaka3 ай бұрын
I could not download my report, there is a glitch on my address - there are 2 addresses ticked as prefered
@swiftreg3 ай бұрын
Hi Yibanathi, I am not sure how that happened, my recommendation would be to contact them so that they can resolve it. Sorry I could not be of more help.
@smakuentertainment10823 ай бұрын
Hello Where can I get the BO form and security registration form?
@swiftreg3 ай бұрын
Hi there, CIPC has not made the process easy, as it uses legal jargon and does not supply anyone with templates. We can assist you, but will firstly you would need to delete your BO application under your own profile, as CIPC does not allow duplicate applications. After that, please use the following link on our website www.swiftreg.co.za/swiftreg/products/beneficial-ownership.aspx We charge from R590 depending on the number of Beneficial Owners. We look forward to assisting you.
@markdavel35743 ай бұрын
Why compare “average” tax rate for an individual vs company tax rate. Surely better to look at the point where the “marginal” tax rate for an individual exceeds corporate tax rate (currently about R31,000pm). Once you earn a salary > this amount every additional Rand is taxed at 31%
@swiftreg3 ай бұрын
Hi Mark, you are correct the marginal tax rate is the more accurate reflection. It was the concept I was trying to convey.