Company registration on FNB helps you register your CIPC company, offers the resources you need to succeed and even helps you open a business account.
Before starting a business in South Africa, the company must be registered with the South African Companies and Intellectual Property Commission (CIPC).
Let FNB assist you with your company registration
This article can be read from start to finish or feel free to jump to any section that interests you
- Who Can Register A Company Through FNB?
- What Are The Benefits Of FNB Company Registration?
- What Documents Are Needed For FNB Company Registration?
- How Much Does FNB Company Registration Cost?
- How Long Does Company Registration Take On FNB?
- What Is The Process For FNB Company Registration?
- What Happens After Registration?
- Who Can I Contact If I Have Issues?
- Important Points To Note
Who Can Register A Company Through FNB?
This is only open to citizens or permanent residents of South Africa, and all shareholders must be natural people.
What Are The Benefits Of FNB Company Registration?
- You can save time by registering your company online. Once the application is complete, there are no lines, no hassles, and a quick response time of 5 working days.
- Your business may be registered from anywhere in the world.
- When registering with CIPC, you have two options: Company only (that is, a company without a name reservation – CIPC auto-generates a name based on the company’s registration number), which costs R125, or Company with a name reservation chosen by you, which costs R175.
What Documents Are Needed For FNB Company Registration?
There are no documents required. We will notify you if one or more director’s identification documents are not accessible.
How Much Does FNB Company Registration Cost?
The CIPC levies a one-time registration fee of R125. If you want to use name reservation, you’ll have to pay an extra R50 one-time cost. FNB does not charge a fee for facilitation.
How Long Does Company Registration Take On FNB?
Please allow up to 5 business days for your firm to be registered. If you don’t reserve a name, you can expect a faster response time.
What Is The Process For FNB Company Registration?
Step 1: Visit the official FNB website here
Step 2: Read the instructions thoroughly before clicking the “Register Now” button.
Step 3: Select “Start a new application” and fill in your company information
Step 4: You’ll be redirected to the registration screen. Fill in the company information and parties
Step 5: Accept the terms and conditions and pay the registration cost.
Step 6: Finally, to finish the registration, click the “Submit” button.
What Happens After Registration?
You will receive electronic copies of any papers related to your successful registration once the registration is complete and one of our representatives will contact you to create a FNB Business Current Account.
Who Can I Contact If I Have Issues?
For any issues, complaints and compliments, go to the FNB contact page to lodge a ticket or send an email to [email protected]
Important Points To Note
- The entire cost of registering a business and reserving a name is R175 payable to CIPC.
- Only if you are registering a PTY (Ltd) may you use this service (Private Companies).
- Note: We recommend that you get expert guidance on the sort of legal entity that is best suited to your needs. Distinct legal entities have different benefits and drawbacks, therefore it’s critical that you understand the exact legal requirements that apply to your selected legal organization.
*Please note all the above information is best to be discussed with one of our qualified accountants to verify all information is accurate, correct and up to date.