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Series 2 13 May 2009 The Business Start Up Process: Legislation and Support Presented by: Ashley Mathura Head: FNB Start

Series 2 13 May 2009 The Business Start Up Process: Legislation and Support Presented by: Ashley Mathura Head: FNB Start Ups. A recap of the Business Start-up Process. Establishing your financial position What are you reasons for starting your own business? Self Evaluation

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Series 2 13 May 2009 The Business Start Up Process: Legislation and Support Presented by: Ashley Mathura Head: FNB Start

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  1. Series 213 May 2009The Business Start Up Process: Legislation and SupportPresented by:Ashley MathuraHead: FNB Start Ups

  2. A recap of the Business Start-up Process Establishing your financial position What are you reasons for starting your own business? Self Evaluation Stress testing your idea

  3. Getting your Company Registered The different legal structures Tax and banking formalities

  4. The Business Structure The 4 most popular options available: Sole Proprietor/ Sole trader Partnerships Close Corporation CC Company [Pty] Ltd

  5. What Next? FNB Transact account allows you to: Register your business Apply for tenders Start trading immediately without reams of paperwork The quickest way to open a transact account is to contact your nearest FNB branch or apply online at: www.FNB.co.za FNB Start Ups can also get your business registered with Shelf Company Warehouse

  6. Tax Implications If you’re an individual, cc or company earning an income, unfortunately you need to pay tax Visit the South African Revenue Service website on www.sars.co.za SARS has just introduced a simpler tax system for small businesses earning under R1 million per annum Spend some time on the Biznetwork website to find out more about different company structures and legal formalities like patents & trademark registrations

  7. Series 3: 20th ofMay 2009 @ 14h30 Join us next week when we continue our start-up process and look at: Funding your Start-up

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