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Free State Development Corporation

 

Procedure
Time to Complete
Associated Costs       
Register at the Companies and Intellectual Property Commission (CIPC) 6 days on average ZAR 175
Open a bank account 1 day on average Free
Register for income tax, VAT, and employee withholding tax (PAYE and SITE) at the South African Revenue Service (SARS) 12 days Free
Register for unemployment insurance at the Department of Labor 4 days (simultaneous procedure) Free

Register with the Commissioner in deference to the Compensation

for Occupational Injuries and Diseases Act

10 days on average (simultaneous procedure) Free

 For further information and reports kindly go to http://www.thedti.gov.za/trade_investment/how_todo_business_insa.jsp  Or www.doingbusiness.org

FDC Head Office

33 Kellner Street
Bloemfontein

Tel: 051 4000 800
Email: info@fdc.co.za

Fast Facts

  • Capital: Bloemfontein
  • Languages: 64.4% Sesotho
    Languages: 11.9% Afrikaans, 9.1% isiXhosa
  • Population density: 23 people per km²
  • Area 129, 480 km²
  • Share of total SA area 10.6%

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