Neville Bailey - Sage Pastel Accounting Consultant
www.accountingsoftwaresupport.co.za
neville@accountingsoftwaresupport.co.za
IronTree Online Solutions
"Give every person more in use value than you take from them in cash value."
WALLACE WATTLES (1860-1911)
CLIVE-TRIANGLE (21-Aug-13)
As for as I know (I am too knackered to look it up) the CPA, for one, requires both the registered and trading name.
With the advent of defensive names, my clients have the trading name and number prominently displayed, and the registered name and number far less prominently displayed, usually as a sort of footer.
It is probably a moot point, however. SARS for one are extremely "flexible" when it comes to trading names. The critical issues seems to be the ones alluded to by Blurock and little else matters. The CPA on the other hand is attempting to protect consumers by putting requirements there so that you can actually seek redress against a registered entity, especially if it is incorporated.
I practically compel clients to record their VAT numbers in their phones, because when they go supplies hunting, the tax invoice requirements are the last thing on their minds.
Did you like this article? Share it with your favourite social network.