Application for VAT registration must be done in person so that SARS can verify your identity and other application details. The VAT 101 – Application for VAT Registration form needs to be completed and submitted to SARS together with the supporting documents specified therein. The documents that you need to register successfully include: A certified
Aldes Business Brokers are at the forefront of the profession of selling businesses with valued representation for ALL of our clients. Every day, more and more business buyers and sellers demand our proven skills and resources to help them succeed in an increasingly complex market.
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The benefits for buyers: Sellers are serious – properties/businesses that are up for auction are there to be sold, not to test the market. Inspect the property /business– you can view by arrangement with the Auctioneer prior to the auction or during the viewing period on the day of the auction. You decide – you
A trust account is a bank account that an authorized individual opens in the name of his company or organization in order to receive funds and hold it on behalf of the person depositing such funds. With an estate agency, all funds in its trust account are protected under the Estate Agency Affairs Board Act.
To answer the question that many buyers of property have regarding “when is transfer duty payable on a transaction and when will VAT be payable?” Answer It is important to remember that VAT will only be levied by the Receiver on immovable property if the property can be defined as a ‘taxable concern.’ Therefore a
Once you as a potential buyer is satisfied about the business that you would like to acquire, your next step will be to put an offer to purchase in writing to the seller. It is important however to ensure that such an offer to purchase also stipulates that the agreement is subject to the seller
There are many opportunities available in the market place for investors. As a potential investor you will be looking for the following: Returns Investing in any business opportunity in Southern Africa one would expect better returns in comparison with the risk involved. Each potential investor has his own expectation on the returns he wants from
The risk involved in running one’s own business should always be compared with the stability of working for and earning a fixed salary. There is certainly no fail-safe method of buying a business without appreciating the fact that you will need to take the risk associated with this better income. It is for this reason
The following are some elements of a business deal that Aldes has identified that needs attention from a potential buyer. Signed agreement Make sure that you have a copy of the signed agreement. Your Sales Agreement will set forth all your obligations. Lease agreement “No Lease – No Business” This is certainly the most important
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If you need further assistance or have any queries contact our head office.
282 Fremontia Street,
Lynnwood Ridge, Pretoria, 0081
+27 12 361 2690
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