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Fees and timelines in 2024

Fees

pay by instalmentThe average fee per South Africa engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different South Africa entity types Cost Draft invoice
Tax resident LLC US$18,180 View invoice PDF
Branch of a foreign company US$15,480 View invoice PDF
PLC company US$18,680 View invoice PDF
Industrial Development Zone company US$9,630 View invoice PDF
Joint venture company US$9,630 View invoice PDF
Business package US$26,080 View invoice PDF
Limited liability partnership US$11,380 View invoice PDF
Subsidiary LLC US$12,330 View invoice PDF
Fast business setup solution US$18,880 View invoice PDF
Representative office US$10,780 View invoice PDF
Foundation US$9,530 View invoice PDF
Trust US$17,930 View invoice PDF
Bitcoin LLC US$28,830 View invoice PDF
Turnkey solution US$17,730 View invoice PDF
South Africa Annual Renewal US$8,303 View 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;

Service LLC PLC Branch IDZ company Joint Venture Business package LLP Representative office Foundation Trust
Engagement planning 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Company incorporation period 2 weeks 3 weeks 4 weeks 3 weeks 3 weeks 3 weeks 3 weeks 4 weeks 2 weeks 3 weeks
SARS tax registrations 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Bank Account approval 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Internet Banking approval 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 11 weeks 12 weeks 13 weeks 12 weeks 12 weeks 12 weeks 12 weeks 13 weeks 11 weeks 12 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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