Fees and timelines

Fees

pay by instalmentIncorporation costs in Year 1 amount to US$2,480 and annual company costs in Year 2 and thereafter amount to US$0. The average total fees per South Africa company formation engagement in indicated in the table below. These fees include South Africa company formation, opening of a corporate bank account and all government fees:

Different South Africa entity typesCostDraft invoice
Tax resident LLCUS$9,630draft invoice for South Africa
Branch of a foreign companyUS$10,780draft invoice for South Africa branch
PLC companyUS$10,130draft invoice for South Africa PLC
Industrial Development Zone companyUS$9,630draft invoice for South Africa
Joint venture companyUS$9,630draft invoice for South Africa joint venture
Business packageUS$26,080draft invoice for South Africa business package
Limited liability partnershipUS$11,380draft invoice for South Africa LLP
Subsidiary LLCUS$12,330draft invoice for South Africa subsidiary LLC
Fast business setup solutionUS$18,880draft invoice for South Africa fast nominee
Representative officeUS$10,780draft invoice for South Africa RO invoice
FoundationUS$9,530draft invoice for South Africa foundation invoice
TrustUS$17,930draft invoice for South Africa trust invoice

Click here to create your own South Africa invoice

Timelines

If properly structured, Healy Consultants can provide our Client the South Africa company number in 2 weeks. To efficiently and effectively secure company registration in a timely manner, most of our Clients request Healy Consultants to appoint a temporary nominee resident director for 2-3 months. If required, Healy Consultants resident director service fee amounts to US$9,950 per annum;

ServiceLLCFree Zone CompanyPLCJoint VentureBranch
Engagement planning1 week1 week2 weeks2 weeks2 weeks
Company incorporation period2 weeks4 weeks3 weeks2 weeks7 weeks
SARS tax registrations2 weeks2 weeks2 weeks2 weeks2 weeks
Bank Account approval4 weeks4 weeks4 weeks4 weeks4 weeks
Internet Banking approval1 week1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week1 week
Total engagement period11 weeks13 weeks12 weeks12 weeks17 weeks

south africa business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in South Africa, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Paavan Chhabra, directly:
client relationship officer - Paavan