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Thread: Registering your company with the local Municipality

  1. #1
    Platinum Member Mike C's Avatar
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    Registering your company with the local Municipality

    I am surprised that this has not evoked some criticism and discussion in this forum as yet.

    Every business - no matter how small - will have to register (under threat of fine or imprisonment) every 5 years.

    http://www.moneyweb.co.za/moneyweb-m...sance-and-bure

    Can understand that it will be another way for municipalities to get money for nothing ... but don't understand how it is going to be managed effectively.
    An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. - Anatole France

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Mike C View Post
    I am surprised that this has not evoked some criticism and discussion in this forum as yet.
    It came up here about a week ago. I was surprised at the muted response, but did pop off a quick email to ask for an extension of the deadline for comment. Based on that story, I was not alone.

    It certainly would be the death of the informal sector - or the informal sector would go underground (if it isn't already technically underground anyway), or become victim to corrupt officialdom...

    The flip side is there are a few positive ideas in the bill worth exploring - if not in respect of "all businesses must have a trading licence", but at least setting some standards in terms of municipal licencing processes already in place.
    The trouble with opportunity is it normally comes dressed up as work.

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    Platinum Member Mike C's Avatar
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    Thanks for the link Dave - I must have missed it first time round.
    An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. - Anatole France

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    Site Caretaker Dave A's Avatar
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    One of the challenges of an o.p. that's just a link, I think. And it was in the general business area.

    (Actually, I'd better move it now while I'm thinking about it).
    The trouble with opportunity is it normally comes dressed up as work.

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