If you are launching a new venture, the first question is usually: “How much does it actually cost to register a company?”
While the base CIPC fees are low, the “true” cost depends on whether you take a DIY approach or partner with a professional accounting firm to handle your compliance from day one. At NBS, we ensure your business isn’t just “registered,” but fully compliant and ready to trade.
1. The Cost Comparison: DIY vs. Professional Partnership
When you register a business, you aren’t just buying a piece of paper—you are setting the legal foundation for your future. Here is how the costs break down:
| Service Detail | DIY (BizPortal/CIPC) | With NBS |
| CIPC Admin Fees | R175 | Included |
| Name Reservation | Manual Search | Expert Pre-Screening |
| Share Certificates | Not Provided | Included (Professional) |
| SARS Tax Number | Automatic (Unverified) | Verified & Active |
| B-BBEE Affidavit | Manual Creation | Professional Draft Provided |
| Expert Support | None | Dedicated Accountant |
2. Why “Cheap” Can Often Be Expensive
Many entrepreneurs choose the R175 DIY route only to find themselves stuck weeks later. Here is why our clients choose to partner with us:
- Bank-Ready Documentation: Banks often reject DIY registrations because they lack properly drafted Share Certificates. We provide these as standard, ensuring your business bank account is opened without delays.
- The Name Reservation Loop: If your proposed name is rejected by CIPC, you lose your R50 and have to start over. We use our experience to pre-screen names, significantly increasing your first-time approval rate.
- Immediate Compliance: A CIPC certificate is only the beginning. We bridge the gap between registration and operation by ensuring your Income Tax and B-BBEE statuses are correctly reflected on the SARS database from day one.
3. Our “Business Welcome Pack” Approach
When you register with us, we don’t just send you a PDF and walk away. We provide a comprehensive New Business Welcome Pack that includes:
- COR14.3: Your official Registration Certificate.
- COR15.1A: Your Memorandum of Incorporation (The “Constitution” of your company).
- Share Register: Essential for legal proof of ownership.
- Tax Confirmation: Your official SARS notice of registration.
Pro Tip: If you intend to apply for government tenders, you will also need a CSD (Central Supplier Database) report. We can bundle this into your registration to save you hours of manual data entry.
Ready to start your business the right way?
Don’t get bogged down in administrative red tape. Let the experts at NBS handle the paperwork so you can focus on building your brand.