30/06/2026
📢 IMPORTANT TIP: WHY SHOULD YOU REGISTER YOUR COMPANY?
One of the biggest advantages of registering your business while you’re still young is that many funding and business support programmes are designed specifically for youth-owned businesses.
Unfortunately, many people make the mistake of starting a business without registering it.
Then an opportunity comes a government tender, funding application, or an RFQ (Request for Quotation). (Don’t worry, we’ll explain what an RFQ is in one of our next posts.)
One of the first requirements is often:
✅ Your business must be registered.
Another common misunderstanding is that registering your business means you’ll immediately start paying SARS.
Many people are afraid of this, but that’s not true.
Registering your company does not automatically mean you’ll start paying VAT or other taxes straight away. Different tax rules apply depending on your business and its income. The important thing is to understand the process instead of avoiding it because of fear.
The sooner your business is registered, the sooner you can:
✔ Apply for business opportunities.
✔ Build trust with customers.
✔ Register on supplier databases.
✔ Prepare your business for future growth.
Let LEGAMOL Procurement Solutions help you take the first step.
We can help you:
✔ Register your company.
✔ Guide you through the registration process.
✔ Explain the requirements in simple terms.
✔ Prepare your business for procurement opportunities.
⚠️ Professional service costs are applicable for all services.
📲 WhatsApp/Call: 065 802 6950
📧 [email protected]
Follow our page for FREE business and procurement education, where we’ll continue explaining business registrations, RFQs, CSD, tenders, supplier databases, and much more using simple terms.
LEGAMOL PROCUREMENT SOLUTIONS
Preparing Businesses to Compete.
