How to register a security company in south africa

Registering a security company in South Africa involves several steps, which are outlined below:

Step 1: Choose a Business Name

  1. Choose a unique and memorable name for your security company.
  2. Ensure the name is not already registered by searching the Companies and Intellectual Property Commission (CIPC) database.
  3. Reserve the name by submitting an application to the CIPC.

Step 2: Register the Company

  1. Register your company with the CIPC by submitting the following documents:
    • Memorandum of Incorporation (MOI)
    • Articles of Association
    • Notice of Incorporation
    • Proof of payment of registration fees
  2. The CIPC will issue a Company Registration Certificate once the registration is complete.

Step 3: Obtain a Business Registration Number

  1. Apply for a Business Registration Number from the South African Revenue Service (SARS).
  2. Submit the following documents:
    • Company Registration Certificate
    • Proof of identity
    • Proof of address
  3. SARS will issue a Business Registration Number, which is required for tax purposes.

Step 4: Register with the Private Security Industry Regulatory Authority (PSIRA)

  1. Register your security company with PSIRA, which is the regulatory body for the private security industry in South Africa.
  2. Submit the following documents:
    • Company Registration Certificate
    • Proof of identity
    • Proof of address
    • Proof of business registration
  3. PSIRA will issue a Security Service Provider Registration Certificate once the registration is complete.

Step 5: Obtain a Fidelity Fund Certificate

  1. Apply for a Fidelity Fund Certificate from the Fidelity Fund Certificate (FFC) Scheme.
  2. Submit the following documents:
    • Company Registration Certificate
    • Proof of identity
    • Proof of address
    • Proof of business registration
  3. The FFC Scheme will issue a Fidelity Fund Certificate once the application is approved.

Step 6: Obtain a Tax Clearance Certificate

  1. Apply for a Tax Clearance Certificate from SARS.
  2. Submit the following documents:
    • Company Registration Certificate
    • Proof of identity
    • Proof of address
    • Proof of business registration
  3. SARS will issue a Tax Clearance Certificate once the application is approved.

Step 7: Obtain a Certificate of Compliance

  1. Apply for a Certificate of Compliance from the South African Police Service (SAPS).
  2. Submit the following documents:
    • Company Registration Certificate
    • Proof of identity
    • Proof of address
    • Proof of business registration
  3. The SAPS will issue a Certificate of Compliance once the application is approved.

Step 8: Obtain a License to Operate

  1. Apply for a License to Operate from the relevant provincial or local authority.
  2. Submit the following documents:
    • Company Registration Certificate
    • Proof of identity
    • Proof of address
    • Proof of business registration
    • Certificate of Compliance
  3. The relevant authority will issue a License to Operate once the application is approved.

Additional Requirements

  1. Ensure that your security company has adequate insurance coverage.
  2. Comply with all relevant laws and regulations, including the Private Security Industry Regulation Act (Act 84 of 2001).
  3. Obtain any additional licenses or permits required by the relevant authorities.

It is recommended that you consult with a lawyer or accountant to ensure that you comply with all the necessary requirements for registering a security company in South Africa.