Pricing

Benson & Son Financial Services Fee Guideline

TS = Time Spent
1. CLOSE CORPORATIONS UNITS AMOUNT
1.1. Formation
CK1 add stamps 25 1 500.00
CK 7 add stamps 6 360.00
Members’ certificates – each 1 60.00
Members register – per member 2 120.00
PUBLIC Advise Receiver of
Revenue of appointment of the public officer and
OFFICER registered address 5 300.00
CK2 1.2 Amendment of founding statement
CK2
6 360.00
CK2A New Accounting Officer
appointment
8 480.00
CK1&4 1.3 Conversion of a company to a
close corporation (CK1, 4)
35 2 100.00
CK3 1.4 Restoration of close corporation
(CK3)
TS
1.5 Use of office as registered
address – per annum
6 360.00
1.6 Storage of stationery, books and
records- per annum
4 240.00
1.7 Letter of consent by accounting
officer, if not included in 1.1. or 1.2. above.
6 360.00
1.8 Deregistration 25 1 500.00
2. TRUSTS UNITS AMOUNT
2.1 Formation
Preparation and lodgement of
Trust Deed
TS
Trust register
2.2 Amendment
Accounting officer 6 360.00
Resignation of trustee 6 360.00
Other amendments TS
2.3 Use of office as registered
address – per annum
6 360.00
2.4 Storage of stationery, books and
records – per annum
4 240.00
2.5 Letter of consent by accounting
officer, if not included in 2.1. above
6 360.00
3. TAXATION UNITS AMOUNT
Completion of returns and forms
IT 3 Return of general information 4 240.00
IT 3 (a) Return of payments for work and
services in respect of
which employees’ tax has not
been deducted (per form)
4 240.00
IT 3 (b) Return of income from
investments, property, rights and royalties
4 240.00
IT 3 (c) Return of purchases /sales/
shipments of livestock / produce /
timber / ores / minerals/
precious stones or bonuses paid /
accrued to members of
co-operative companies or societies
4 240.00
IT 4 Return by person tendering
payment of income tax deducted at
source from royalties or similar
payments
TS
IT 4 (a) Income tax on royalties – record
of payments
TS
IT 12 Personal Tax Return – IRP5 500.00
IT 12 Personal Tax Return – IRP5 –
Travel – Medical Aid – R/A
800.00
IT 12 Personal Tax Return – SELF
EMPLOYED PERSON
TS
IT 14 Return by a public officer of a
Company
Dormant Company 5 300.00
Active Company 20 1 200.00
IT 16 Return by the agent of an owner
of a ship or aircraft
TS
IT 17 Return by person making payment
of non-resident tax on interest
TS
IT 19 Return of dividends –
non-resident shareholders tax
9 540.00
IT 24 Application for relief from SA
tax in terms of reciprocal
agreement with UK TS
IT 25 Application for relief from SA
tax in terms of reciprocal
agreement with Switzerland TS
IT 26 Application for relief from SA
tax in terms of reciprocal
agreement with the Netherlands TS
IT 27 Application for relief from SA
tax in terms of reciprocal
agreement with the Federal
Republic of Germany
TS
IT 34 Verification of an assessment 4 240.00
IT 94 Verification of a statement of
account
TS
IT 144 Donations tax – declaration by
donor
6 360.00
IT 153 Application for a duplicate
refund cheque
6 360.00
IRP 101 Registration as employer – PAYE 7 420.00
IRP1(a) Change of registered particulars
of employer
4 240.00
IRP1(b) Registration of branches and of
employers in other areas (per branch)
4 240.00
IRPI(c) Registration – defuncting of
employer.
4 240.00
IRP1(d) Registration of employer –
preliminary enquiry
4 240.00
IRP3(a) Request for a tax deduction
directive
10 600.00
IRP4 Employee’s tax remittance
return.
4 240.00
IRP5 Employee’s tax certificate –
EACH
4 240.00
IRP5(a) Duplicate employee’s tax
certificate – EACH
2 120.00
IRP5(b) Reconciliation of tax deductions
made and stock of
certificate on hand 10 600.00
IRP6(c) Nil return (such as in case of a
dormant company or
where no taxable income
calculation is required)
2 120.00
IRP6(c) Return for payment of
provisional tax (where calculated)
3 180.00
IRP6(i) Provisional tax – individual /
CC / Company
5 300.00
IRP6(ii) Provisional tax – individual 3rd
payment
5 300.00
IRP7(m) Demand for payment of
provisional tax
TS
IRP30(a) Application for exemption as
labour broker
16 960.00
IRP56 Return for payment of secondary
tax on companies
5 300.00
Other Items UNITS AMOUNT
Application for extension of
time
1 60.00
Application for deferred
payments
3 180.00
Change in appointment of public
officer
3 180.00
Registration of an individual
taxpayer
3 180.00
Registration of a provisional
taxpayer
3 180.00
Attend to objections and appeal TS
Attending to minor tax queries 2 120.00
Value Added Tax Act –
completion and return of forms
UNITS AMOUNT
VAT 101 Registration for VAT purposes
(All the relevant documents)
14 840.00
VAT 101 D Registration for diesel refund 11 660.00
VAT 102 Registration of additional
branches and enterprises
8 480.00
VAT 117 Application for change in
accounting basis
8 480.00
VAT 123 Application for cancellation of
registration
TS
VAT 123 T Application for cancellation of
separately registered branches
6 360.00
VAT 201 Prepare & Submit return 2 120.00
VAT 216 Return i.r.o. sale of goods
towards settlement of a debt
TS
VAT 224 Application for duplicate refund
cheque
TS
VAT 225 Affidavit for application for
refund
TS
VAT 249 Declaration by the transferor of
property
TS
VAT 251 Export incentive scheme
zero-rating/refund
TS
VAT 252 Export incentive scheme
applicable to BLNS countries
TS
VAT 255 VAT refund control sheet for
non-residents
TS
VAT 256 Export incentive scheme
applicable to countries other than
TBVC states and BLNS countries TS
Benson & Son Financial
Services Fee Guideline
UNITS AMOUNT
4. SECRETARIAL WORK
4.1.Companies
4.1.1 Initial work in
connection with the formation of a company,
including initial
secretarial work, name registration and the
appointment of
auditors (includes CM1, 2, 3, 4, 5, 22, 44, 46 and 47)
90 5 400.00
4.1.2 Initial secretarial
work in connection with the formation of a
company, where the
company has already been formed.
Inaugural minutes 6 360.00
Share certificates – EACH 1 60.00
Transfer deeds – EACH 2 120.00
Advise Receiver of
Revenue of appointment of public officer, and the
registered address 5 300.00
Writing up of company register 9 540.00
C M 27 – each 3 180.00
CM 29 (1 – 4 directors) 8 480.00
CM 15 allotment 9 540.00
4.1.3 Registration of
defensive name
First time (CM 5, 8 and proof
required)
18 1 080.00
Annual renewal (CM 8A and proof) 8 480.00
4.1.4 Appointment of
resignation of director, secretary or officer
(CM 27 or letter of resignation,
CM 29,writing up of register)
(Combined Fee)
Resolution (1 – 4 directors) 3 180.00
CM 29 (1 – 4 directors) 9 540.00
Letter of resignation – each 3 180.00
Writing up of register – per
director
2 120.00
4.1.5 Change of name of a
company (CM5, 9, 25, 26 ) notice to shareholders,
minutes, advice 35 2 100.00
(Receiver of Revenue and update
records and statutory register)
(combined fee)
4.1.6 Change of financial
year end (CM 32, resolution, letter to Receiver of
Revenue and update register)
(Combined Fee)
15 900.00
4.1.7 Change of public
officer (resolution, letter to Receiver of Revenue and
updating records) 8 480.00
4.1.8 Change of registered
office (CM 22, resolution, update register, notify
Receiver of Revenue) 8 480.00
4.1.9 Changes to memorandum
and articles (CM 25, 26)
25 1 500.00
4.1.10 Opening new banking
accounts (based on 4 signatories),
(photocopies of memorandum and
articles, certificate of
incorporation, certificate to
commence business, signed by a
Commissioner of Oaths) 20 1 200.00
4.1.11 Change in banking
account signatories (based on 4 signatories),
(bank form, directors and
signatories, resolutions X2, update register)
12 720.00
4.1.12 Transfer of shares
(resolution, transfer form, new certificates, write up
register) per transfer 8 480.00
4.1.13 Allotment of shares
(based on 5 shareholders, certificates, minutes,
checking articles, updating
register)
21 1 260.00
4.1.14 Increase in authorised
share capital
(CM 11, 25, 26, notice
to shareholders, minutes of meeting, checking
articles and register, updating
register)
23 1 380.00
4.1.15 Certified copies of
memorandum and articles, certificate of incorporation,
certificate to
commence business.
3 180.00
4.1.16 Reduction of share
capital (CM 1 3, 14, 25, 26)
TS
4.1.17 Take over statutory
books of a company
TS
4.1.18 Registration of an
external company
TS
4.1.19 Extensions (CM 17)
(various)
TS
4.1.20 Restoration of a
company to the register
TS
4.1.21 Preparation of other
minutes and notices (per matter dealt with)
4 240.00
4.1.22 Use of office as
registered address – PA
6 360.00
4.1.23 Acting as company
secretaries – PA
10 600.00
4.1.24 Storage of stationery,
books and records – PA
4 240.00
4.1.25 Notice of
Extraordinary Meeting for Special Resolutions
5 300.00
4.1.26 Annual General Meeting
(notice, minutes, directors resolution, letter
of representation x2) 12 720.00
4.1.27 Conversion of the
status of a private company to a public company
and vice versa TS
4.1.28 Deregistration 40 2 400.00
Completion of
Individual Forms – Companies Act
CM 5 Reservation of name or a
translated form or a shortened form or a
defensive name 6 360.00
CM 6 Extension of the period of the
reservation of a name or a shortened
form or a defensive name 4 240.00
CM 7 Registration of a translated or
a shortened form of a name
5 300.00
CM 8 Registration of a defensive name 6 360.00
CM 8A Renewal of the registration of a
defensive name
6 360.00
CM 9 Certificate of change of name 6 360.00
CM 9A Registration of a change of a
translated form or a shortened form
of a name 5 300.00
CM 9B Deregistration of a translated
form or a shortened form of a name
5 300.00
CM 10 Certificate of consolidation of
articles
TS
CM 11 Payment of fees on increase of
capital
22 1 320.00
CM 12 Statement of payment of
commission on shares
TS 1 320.00
CM 13 Affidavit by director or officer
in respect of reduction of capital
TS
CM 14 Registration of a special
resolution for the reduction of share capital
TS
CM 15 Allotment of shares 22 1 320.00
CM 16 Return of allotment which has
become void
TS
CM 17 Extension of a prescribed period TS
CM 18 Registration of an order by the
court
TS
CM 19 Notice of redemption of
redeemable preference shares
TS
CM 20 Notice of variation of rights in
respect of shares
TS
CM 21 Notice of place where registers
kept
5 300.00
CM 22 Notice of registered office and
postal address
5 300.00
CM 25 Consent to waive period of
notice
6 360.00
CM 25A Consent to pass
special resolutions at a meeting of which notice has
not been given 6 360.00
CM 26 Registration of a special
resolution
TS
CM 27 Consent to act as director or
officer
3 180.00
CM 28 Director’s contract to take
qualification shares
9 540.00
CM 29 Return of directors and officers 8 480.00
CM 30 Notice of failure to appoint or
reappoint auditor at an A G M
TS
CM 31 Appointment of auditors 4 240.00
CM 32 Change of the end of a company’s
financial year
11 660.00
CM 33 Exemption that group annual
financial statements need not deal
with a subsidiary CM 34 TS
CM 34 Lodgement of financial
statements or interim report
6 360.00
CM 35 Approving that interim reports
need not be issued
TS
CM 36 Take over offer and take over
statement
TS
CM 37 Person authorised to accept
service on behalf of an external company
5 300.00
CM 38 Notice of termination
of authorisation of person authorised to accept
service of notice on behalf of
an external company
5 300.00
CM 39 Registration of an
alteration made in the memorandum of an external
company TS
CM 40 Appointment as liquidator or
provisional judicial manager or
judicial manager TS
CM 42 Securities transfer form 2 120.00
CM 43 Director of dissolved company
within the meaning of section 421 (1)
TS
CM 44 Articles of association of a
company having a share capital
TS
CM 45 Amended certificate of
incorporation relating to the conversion of
one type or form of company into
another type or form of company
TS
CN 46 Certificate to commence business TS
CM 47 Statement by each director
regarding adequacy of capital of a
company TS
CM 48 Affidavit pursuant to Section
172 (2)
TS
CM 49 Certificate of registration of
memorandum of external company
TS
CM 50 Request for submission of
provisional annual financial statements
TS
CM 51 Certifying additional copies of
documents lodged for registration
TS
CM 52 Granting of exemption from
lodging annual financial statements
of a subsidiary TS
CM 100 Statement of affairs TS
 

5. COMPOSITE ANNUAL
SECRETARIAL FEE FOR CLOSE CORPORATIONS , COMPANIES & TRUSTS

For AGM minutes,
members reports, registered address, storage of stationery,

provisional tax
returns (IRP 6 (c)) and tax extensions (not to be charged if items
charged for
separately)
18 1 080.00
6. SUNDRY OTHER
6.1. Unemployment Insurance Fund
Registration 6 360.00
Monthly Returns 2 120.00
6.2. Workmen’s Compensation
Registration 6 360.00
Annual Returns 5 300.00
6.3. Industrial Councils
Registration 6 360.00
Monthly Returns TS
6.4. Skills Development Levy
Registration 6 360.00
Monthly Returns 2 120.00
(When combined with P A Y E
return)
6.5 Department of Trade &
Industries
Compliance report TS
6.6 Micro Finance Regulatory Council
Compliance report TS
Quarterly Returns TS
(Note you must be registered to
do this report).
6.7 Estates
For preparation of Wills TS
For Executorship per Act
6.8 Other
Statistical returns 5 300.00
Letters written on behalf of
Clients
3 180.00

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