Small business compliance

One of the key responsibilities of an entrepreneur is ensuring compliance with both industry-specific and national legal regulations. Failure to adhere to these requirements can significantly impede critical business activities. For example No funder will consider investing time or money in a business that does not comply to laws and that risk penalties and fines.

South African small businesses must comply with the Companies and Intellectual Property Commission's (CIPC) regulations for annual returns, separate from tax returns, to maintain their operations.