You can run your business as either a sole proprietor or as a limited Company.

Apart from the differences in tax rates between the different entities, due consideration should also be given to the following points:

• The type of business you (plan to) run.
• The kind of administrative support, if any, available to you.
• Your turnover and how much profit you plan to make.
• Your future plans, if any, to expand the business.
• What level of commercial risk you will be exposed to.
• Whether customer perception matters to you.
• What plans you have regarding business continuity.

We can assist you in making a proper decision and do advise you to seek professional advice beforehand.

SOURCES :
Cronje & Cronje
Business Partners