How should I structure my business buyout?

How should I structure my business buyout?

You can operate your business using a: - Sole Proprietorship (that is trading in your private capacity) - Partnership (that is in your private capacity with other individuals in the private capacity) - Business Trust - Private Company ((Pty) Ltd – Company with limited shares holders) - Public Company ((Pty) Ltd – Company with unlimited shares holders) - Personal Liability Company (Inc.) - External Companies (Branches of foreign companies)

VAT splitting

VAT splitting

February month is provisional tax month for all legal entities with a February year end (companies, close corporations), trusts and all individual tax payers who receives income other than a fixed monthly salary. This estimated tax return can result in unnecessary penalties and interest if attention is not given to the calculation.