ShareVault
1:19
Жыл бұрын
Shareholders Agreement Explained
8:10
Close Corporation Explained aka CC
4:39
Financial Year End Explained
4:57
2 жыл бұрын
Par Value Shares Explained
3:12
2 жыл бұрын
Public Officer Appointment (SARS)
2:07
Holding Companies Explained
4:37
3 жыл бұрын
Updating your CIPC Customer Account
4:20
Пікірлер
@samanthaheavenmilanzi5148
@samanthaheavenmilanzi5148 4 сағат бұрын
Very informative! Thanks for this video
@PakoMompei
@PakoMompei 2 күн бұрын
Hi, what do I do if I want to reset password but it won’t send OTP to me mobile?
@KayserCademy
@KayserCademy 2 күн бұрын
Kindly explain me what licenses do a SSP needs to operate as CCTV installer and operator in South Africa. Much appreciated thank you.
@ronnielmulaudzi
@ronnielmulaudzi 4 күн бұрын
Fantastic video!
@swiftreg
@swiftreg 3 күн бұрын
Thank you very much!
@thandinkidi8610
@thandinkidi8610 4 күн бұрын
What should we upload where it's written mandate?
@swiftreg
@swiftreg 3 күн бұрын
The mandate is a signed document where the directors of the company give the filer permission to lodge the Beneficial Ownership.
@thabelodzivhani4035
@thabelodzivhani4035 5 күн 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?
@swiftreg
@swiftreg 4 күн бұрын
Hi there, SDL paid by the employer not the employee.
@Mnaoke
@Mnaoke 10 күн бұрын
How does one get to stage 2 of the registration process?
@swiftreg
@swiftreg 9 күн 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
@Luna4bffs
@Luna4bffs 12 күн 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?
@swiftreg
@swiftreg 11 күн 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.
@beefnkoana662
@beefnkoana662 13 күн бұрын
So does it mean the Beneficial Ownership video invalidates this video?
@swiftreg
@swiftreg 11 күн 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.
@andresmit9949
@andresmit9949 13 күн 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
@swiftreg
@swiftreg 11 күн 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.
@nkosinathidyubele5031
@nkosinathidyubele5031 16 күн бұрын
Hello my account has red square 🟥 I dont knwo how to solve it
@YibanathiNgaka
@YibanathiNgaka 19 күн бұрын
I could not download my report, there is a glitch on my address - there are 2 addresses ticked as prefered
@swiftreg
@swiftreg 18 күн 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.
@smakuentertainment1082
@smakuentertainment1082 23 күн бұрын
Hello Where can I get the BO form and security registration form?
@swiftreg
@swiftreg 22 күн 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.
@markdavel3574
@markdavel3574 23 күн 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%
@swiftreg
@swiftreg 22 күн бұрын
Hi Mark, you are correct the marginal tax rate is the more accurate reflection. It was the concept I was trying to convey.
@sphelele7673
@sphelele7673 24 күн бұрын
Hy there, does the company's registered address also count as property/ asset of said company? Because if that's the case i wouldn't to register my home address as the company's registered address.
@swiftreg
@swiftreg 24 күн бұрын
Hi Sphele, No it does not. The ownership of the property is registered in the Deed office and the registered address of the company has no bearing at all on the ownership of the company. I hope this answers your question.
@thembada-vie1909
@thembada-vie1909 25 күн бұрын
I'm probably going to be the most off-topic... but there's something i need to know... Is it true that government employees can not bid for government tenders? That you as you may answer
@swiftreg
@swiftreg 25 күн бұрын
Yes, that is correct. Government Employees are not allowed to conduct business with the Government. In fact, their ID numbers are flagged with CSD.
@drakesmith6132
@drakesmith6132 27 күн бұрын
Criminals love shell companies to launder their money.
@swiftreg
@swiftreg 27 күн бұрын
That was definitely the case in the past, however the loopholes are closing especially with Beneficial Ownership.
@ZikhonaNolurodo
@ZikhonaNolurodo 28 күн бұрын
Can you please help me with the sira I have a security setificate but the problem is a sira what can I do
@swiftreg
@swiftreg 27 күн бұрын
Hi Zikhona, we can assist you with all the supporting documentation for your company (Pty) to be registered with PSiRA. Please use the following link www.swiftreg.co.za/swiftreg/products/psiraassistance.aspx
@GK222_
@GK222_ Ай бұрын
Sir, thank you so much for this information. This is true public service
@swiftreg
@swiftreg 29 күн бұрын
Most welcome
@lulukibitwayo6543
@lulukibitwayo6543 Ай бұрын
Good Day How can you fix when the company is terminated
@swiftreg
@swiftreg 29 күн бұрын
Hi there, I assume you mean your company has been finally deregistered by CIPC due to non payment of the annual returns. If this is the case, CIPC will only restore your company if you meet one of the following 3 conditions. 1. Court order 2. It owns property 3. You can prove that it was trading at the time of the deregistration. I suggest you take a look at the following video. kzbin.info/www/bejne/majUooGaZ7egqNUsi=0rng7A95ypDPsX7m which explains company restorations. As the company technically does not exist anymore, you will not be able to change any of the directors.
@Bonakelephumo
@Bonakelephumo Ай бұрын
Hi, is this information since applicable, or has there been chances since you recorded? Thanks
@swiftreg
@swiftreg Ай бұрын
Yes, it is still applicable.
@camillaoosthuizen9421
@camillaoosthuizen9421 Ай бұрын
very helpful thanks. we have ended up paying 20% dividend tax on dividends this year. Our business is in its third year now. 20% is way to high!!!! It makes me sick with worry that we have to work smarter and harder to make more money to live comfortably and pay all the taxes. I struggle to make peace with paying tax when cost of living is so high here in SA
@swiftreg
@swiftreg Ай бұрын
I feel your pain!
@ZKhweziN
@ZKhweziN Ай бұрын
Expense with a "c"? 🤔
@swiftreg
@swiftreg Ай бұрын
Well spotted! That slipped through editing.
@Boshielokarabo
@Boshielokarabo Ай бұрын
Please help me about it
@swiftreg
@swiftreg Ай бұрын
Hi there, please use the following link. www.swiftreg.co.za/swiftreg/products/cidb-registration.aspx alternatively send an email to [email protected] to request a manual application form or contact the call center on 0215954433 and one of the consultants will gladly assist you.
@ishhoosen-lee1308
@ishhoosen-lee1308 Ай бұрын
Hello, We have a Director that is no long with the Company and we wish to De-activate his status on the CIPC portal [Resign] but all the OTP keeps on going to his contact number and email ~ unfortunately his not responding to messages or calls. How can this be resolved? Can OTP come to Active Directors or what can be done?
@swiftreg
@swiftreg Ай бұрын
Hi there, this is the very reason CIPC introduced the OTP, so no its not going to be easy. You will have to sign an affidavit that you can't get hold of the director and then lodge a ticket with CIPC. Good Luck!
@gugumpanza3665
@gugumpanza3665 Ай бұрын
Thank you 🙏🏼 🎉
@swiftreg
@swiftreg Ай бұрын
You are so welcome
@Farmgirl257
@Farmgirl257 Ай бұрын
Thank this is so informative; I want to sell my shares can I offer the other members how much I want for my shares or I need to allow them to give me their own offer?
@swiftreg
@swiftreg Ай бұрын
Hi there, the method of valuing shares should be stipulated in the shareholders agreement. If you don't have one it boils down to what a willing buyer and a willing seller agree on. In other words, they can make you an offer and you have the choice of accepting it or not. The same applies the other way round where you can make the offer and they have the choice of accepting it or not.
@Farmgirl257
@Farmgirl257 Ай бұрын
@@swiftreg thank you really appreciate; I might keep bothering you with information
@Giantoftheworld
@Giantoftheworld Ай бұрын
Smart dude
@swiftreg
@swiftreg Ай бұрын
Thank you for the compliment!
@starboy2336
@starboy2336 Ай бұрын
Hi there, I just have one question. If I own 100% of the PTY company and I'm filing the BO myself, do I still need to write a letter authorizing myself to file for BO?
@swiftreg
@swiftreg Ай бұрын
Yes, this is because it is a compulsory requirement and your filing will fail without it.
@starboy2336
@starboy2336 Ай бұрын
@@swiftreg Thanks a lot
@anthonycalabrese21
@anthonycalabrese21 Ай бұрын
Simple and efficient explanation, thanks
@swiftreg
@swiftreg Ай бұрын
Glad it was helpful!
@Sir023
@Sir023 Ай бұрын
Hi, I need you services for company registration and licensing.
@swiftreg
@swiftreg Ай бұрын
Hi there, thank you for the enquiry. You could use our website www.swiftreg.co.za or contact our call center 021-5954433 and one of our consultants will gladly assist you.
@Sir023
@Sir023 Ай бұрын
@@swiftreg Thanks for the reply. Just to confirm, are you based in Australia?
@swiftreg
@swiftreg Ай бұрын
No, we are in South Africa
@jackdee1
@jackdee1 Ай бұрын
Is that what they mean by mandate
@swiftreg
@swiftreg Ай бұрын
The mandate is a signed document giving the Filer (An individual acting on behalf of the company) the authority to file the Beneficial Ownership. For example, all the directors of the company must sign the mandate allowing a nominated individual to submit the online submission.
@sthabilemnyandu982
@sthabilemnyandu982 Ай бұрын
So grateful for this video, thank you so much.
@swiftreg
@swiftreg Ай бұрын
You are so welcome!
@thabomatona4067
@thabomatona4067 Ай бұрын
Thanks for the great presentation.
@swiftreg
@swiftreg Ай бұрын
Glad you enjoyed it!
@mellisamabhikwa2630
@mellisamabhikwa2630 Ай бұрын
I've been searching high and low for this information! Thank you for explaining so well
@swiftreg
@swiftreg Ай бұрын
You're so welcome!
@Ntomby.r
@Ntomby.r Ай бұрын
You're best thank you soo much
@swiftreg
@swiftreg Ай бұрын
You're welcome 😊
@melulekidlamini5573
@melulekidlamini5573 2 ай бұрын
Does a foreigner shareholder of a company need to have business visa even if he's not working in the company?
@swiftreg
@swiftreg Ай бұрын
No, the visa is just linked to working in the country.
@melulekidlamini7211
@melulekidlamini7211 Ай бұрын
What if I have a study visa that allows me to work less than 20hours a week as I am a international student, can I work in that same company that 20hours
@MphoLeopeng-s4l
@MphoLeopeng-s4l 2 ай бұрын
Thanks much
@swiftreg
@swiftreg 2 ай бұрын
You're welcome!
@lonewolfdomo
@lonewolfdomo 2 ай бұрын
I am looking to purchase my first property in Baltimore, MD and came across your video. I do not plan to live in the residence but also want to have a better understanding of purchasing this business under my name versus my LLC. Any advice you provide would be appreciated or even an email address I could reach!
@swiftreg
@swiftreg 2 ай бұрын
Hi there, that's exciting news, good luck! My video is aimed at the South African property market an the tax laws in this country. I am however sure the concepts and principles will be similar just with differing tax rates. I therefore can't comment on legislation outside South Africa. Our tax rates are generally much higher than in the US.
@MANYOLOINDUSTRIALSOLUTIONS
@MANYOLOINDUSTRIALSOLUTIONS 2 ай бұрын
Still holds relevant.
@swiftreg
@swiftreg 2 ай бұрын
That is correct, the 80/20 and 90/10 preferential points still apply despite the latest changes in regulations which allow procurement institutions to set specific goals for the tender.
@stevenskgoebane766
@stevenskgoebane766 2 ай бұрын
This video clarified all the questions I had. The CIPC should take notes and provide it on their website! Thank you again for sharing this information!
@swiftreg
@swiftreg 2 ай бұрын
Glad it was helpful!
@majormdibaniso1302
@majormdibaniso1302 2 ай бұрын
My mentor 👊 ❤
@swiftreg
@swiftreg 2 ай бұрын
Thank you for the compliment.
@kholofelosiima2590
@kholofelosiima2590 2 ай бұрын
Hi. I'm trying to deregister my dormant company with SARS. I already made an ebooking, but there are supporting docs that I need to upload within 24 hours: 1. POA or Resolution 2. Supporting docs for VAT and PAYE registration/deregistration (with this one I was thinking of submitting my deregistration certificate from CIPC). Exactly what are these docs?
@swiftreg
@swiftreg 2 ай бұрын
Hi there, we do not offer this service at SwiftReg and would therefore recommend you ask an accountant to assist you as they would be more familiar with the task.
@majormdibaniso1302
@majormdibaniso1302 2 ай бұрын
Thank you so much, your video's are highly inspiring and educating ❤
@swiftreg
@swiftreg 2 ай бұрын
I'm so glad!
@sharlotteserovha7388
@sharlotteserovha7388 2 ай бұрын
Wow! got my answer within a few minutes. God bless you!!!!! Thank you
@swiftreg
@swiftreg 2 ай бұрын
You are welcome!
@innerworkpodcast9929
@innerworkpodcast9929 2 ай бұрын
Thank u
@swiftreg
@swiftreg 2 ай бұрын
You are Welcome :)
@BonganeMlambo-w6p
@BonganeMlambo-w6p 2 ай бұрын
May i ask can am idea of you owning the company and making that company own the properties while A trust owns a certain amount of shares ??
@BonganeMlambo-w6p
@BonganeMlambo-w6p 2 ай бұрын
Can that also work
@swiftreg
@swiftreg 2 ай бұрын
Yes, this is possible, the accounting will be adjusted according to the percentage ownership.
@BonganeMlambo-w6p
@BonganeMlambo-w6p 2 ай бұрын
I have learned something powerful involving trust wow 😮 alot of putting properties in a trust was all over
@swiftreg
@swiftreg 2 ай бұрын
I am glad it was helpful.
@nomusandlovu8370
@nomusandlovu8370 2 ай бұрын
Thank your for the clarity
@swiftreg
@swiftreg 2 ай бұрын
You are Welcome
@katlegoseanmahaye3309
@katlegoseanmahaye3309 2 ай бұрын
I'm the only director and incorporator of my (Pty) Ltd, does this make it an affected or non-affected company? Please assist. Thank you soo much!
@swiftreg
@swiftreg 2 ай бұрын
You will be a non-affected company with beneficial ownership.
@katlegoseanmahaye3309
@katlegoseanmahaye3309 2 ай бұрын
@@swiftreg thank you soo much. If you make a mistake a declare yourself as affected will CIPC pick up the error and reject your application or will they take it for granted that you were misinformed and simply give you a certificate?