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Fees and timelines in 2023

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 is 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$14,180View invoice PDF
Branch of a foreign companyUS$15,480View invoice PDF
PLC companyUS$18,680View invoice PDF
Industrial Development Zone companyUS$9,630View invoice PDF
Joint venture companyUS$9,630View invoice PDF
Business packageUS$26,080View invoice PDF
Limited liability partnershipUS$11,380View invoice PDF
Subsidiary LLCUS$12,330View invoice PDF
Fast business setup solutionUS$18,880View invoice PDF
Representative officeUS$10,780View invoice PDF
FoundationUS$9,530View invoice PDF
TrustUS$17,930View invoice PDF
Bitcoin LLCUS$28,830View invoice PDF
Turnkey solutionUS$17,730View invoice PDF
South Africa Annual RenewalUS$8,303View invoice PDF

Click here to create your own South Africa invoice

Other fee considerations

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;

ServiceLLCPLCBranchIDZ companyJoint VentureBusiness packageLLPRepresentative officeFoundationTrust
Engagement planning1 week1 week1 week1 week1 week1 week1 week1 week1 week1 week
Company incorporation period2 weeks3 weeks4 weeks3 weeks3 weeks3 weeks3 weeks4 weeks2 weeks3 weeks
SARS tax registrations2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Bank Account approval4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks
Internet Banking approval1 week1 week1 week1 week1 week1 week1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week1 week1 week1 week1 week1 week1 week
Total engagement period11 weeks12 weeks13 weeks12 weeks12 weeks12 weeks12 weeks13 weeks11 weeks12 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 contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal
Chartsec cipc
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