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Re: Company for DC16 - some research



Hi Allison (2015.07.02_19:11:37_+0200)
> Yeah, if we register as a for-profit company, SARS may look at us funny
> at the end of the year when we have no profit. Registering as a
> non-profit is a more accurate declaration of our intentions. We'll still
> pay tax on any profit we have, but SARS won't be surprised when we have
> near-zero profit.

It seems the process is to register as for-profit, and add non-profit
status afterwards.
https://www.westerncape.gov.za/general-publication/all-you-need-know-about-registration-non-profit-organisations?toc_page=2

SR

-- 
Stefano Rivera
  http://tumbleweed.org.za/
  +1 415 683 3272


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