Services Archive - Lethabo Africa Consulting https://www.lethaboafrica.co.za/services/ Accounting Firm Fri, 09 Dec 2022 00:04:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://www.lethaboafrica.co.za/wp-content/uploads/2022/07/cropped-Favicon-32x32.jpg Services Archive - Lethabo Africa Consulting https://www.lethaboafrica.co.za/services/ 32 32 NHBRC Registration https://www.lethaboafrica.co.za/services/nhbrc-registration/ https://www.lethaboafrica.co.za/services/nhbrc-registration/#respond Fri, 17 Jun 2016 08:05:45 +0000 http://demo.thememodern.com/finance/?post_type=service&p=60 The post NHBRC Registration appeared first on Lethabo Africa Consulting.

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NHBRC Registration

The National Home Builders Registration Council ( NHBRC ) requires that all new houses must comply with South African building standards. Due to this requirement, you’ll need an NHBRC Registration Number to apply for Building Tenders / Contracts. To register with the NHBRC, apply on this page below.

National Home Builders Registration Council (NHBRC) as the regulatory body of the home building industry. The NHBRC also sets out to promote ethical and technical standards, holds home builders accountable for the homes they build, and also provides sanctions for non-compliance.

Any person in the business of building homes is required by law to be registered with the NHBRC. In terms of the Act, any person in the business of home building must register with the NHBRC and renew their membership annually. Any person who contravenes this, shall be guilty of an offence liable of conviction to a fine or imprisonment for a period not exceeding one year.

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NHBRCForm.pdf NHBRCPart1.pdf NHBRCPart2.pdf NHBRCPart3.pdf

WHY IS AN NHBRC CERTIFICATE IMPORTANT

An NHBRC certificate is important as the NHBRC will pay out to a housing consumer where:

  • There is a major structural defect in the home due to home builder not complying with the NHBRC technical requirements within 5 years of the date of occupation. And the builder has notified the home builder of the defect within those 5 years;
  • The home builder is in breach in that he has failed to rectify the defect;
  • The home was constructed by a registered home builder, the house was enrolled with the NHBRC, and was still enrolled at the date of occupation;
  • The home builder no longer exists or cannot meet his obligations;
  • Where a home was enrolled on a project basis and application has been made by the MEC pursuant to an agreements in terms of section 5(4)(c).

When you register your home with the NHBRC. The NHBRC will come to inspect the home and ensure it meets with the NHBRC technical requirements. This in turn ensures that the home construction is of a high standard and good quality. It the council is of the opinion that the home builder is not complying with the Act, they can impose a penalty and may apply to court to direct the home builder to comply, stop construction or grant assistance appropriate to the circumstances.

APPLICATION DOCUMENTS

Make sure you have everything required to register at the NHBRC. Or otherwise contact us for a quote – we can assist you with any of the required services below.

  • Pty Company Registration
  • PAYE / UIF / SDL Registration
  • Share Certificates, if you have partner(s)
  • Business Bank Account: For your Business – Stamped bank letter confirming company banking details
  • Tax Clearance Certificate, Certificate via SARS
  • Annual Returns: CIPC Abridged certificate
  • Proof of address for the Business

NHBRC REGISTRATION TEST

NHBRC requires you to pass a test before granting your NHBRC Registration Number. It is compulsory for all applicants to pass the test in order for them to obtain the NHBRC certificate.  A representative of your Company (your Technical Manager) will need to do this test. It is an open book test and we will support you by renting you the study material and give you test guidelines.

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CIDB Registration

The Construction Industry Development Board (CIDB) is a Government Organisation that ensures South African Companies in the Construction Industry keeps high standards. At Lethabo Africa Consulting we will assist you in creating or assessing the financial statements just to make sure that they comply with the minimum requirements of the CIDB grading that you are looking for. Our experts assist you with every step towards successful company compliance – within record time-frames. The official duration for the CIDB gradings is normally 21 working days, however, grades 2 & 3 might take less than 2 weeks whereas the higher grades, might take slightly longer than the official 21 working days, dependent on the complexity of the documents submitted.

DOWNLOAD CIDB FORMS

CIDBForm.pdf CIDBupgrade.pdf

Required Documents

Completed Cidb grade 2 – 9 application form, CK/CM Company Registration Documents, ID Colored  Copie, Tax Clearance Certificate Pin, Construction Contract, Purchase Orders, Completion Certificate, Bank Statements, Remittance Advices, Bill of quantitie, Shareholder’s Certificate, Vat 201′s.

Registration Fees

Registration fees start from R 450 to R 55,750 depending on the grade you are applying for. Contact us for more details

Importance of CIDB

Construction Contracts and Tenders: When your Company is CIDB registered and graded by the CIDB, it qualifies to start doing contract work and apply for construction tenders.

Duration

The official duration for the CIDB gradings is normally 21 working days, however, grades 2 & 3 might take less than 2 weeks whereas the higher grades, might take slightly longer than the official 21 working days, dependent on the complexity of the documents submitted.

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Tax Registration & Clearance

Running a business requires a lot of documentation to ensure good standing compliance. A Tax Clearance Certificate is essentially a piece of official documentation that your business can get from SARS as proof that you have no outstanding Tax at SARS.  At Lethabo Africa Consulting we will assist you to apply for a successful tax clearance certificate with the South African Revenue Services (SARS). A Tax clearance certificate is declaration from SARS to a 3rd party that the specific individual or entity is 100% compliant with regards to all tax affairs.

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DownloadFile.pdf DownloadFile.pdf

Requirements to get registered with SARS

  • You only need an income tax registration number (this is the minimum requirement)
  • If you have any employees – You would need a Paye (Pay as you earn), UIF (Unemployment Insurance Fund), or SDL (Skills Development Levies) registration numbers
  • If your turnover is above R 1 million per annum OR you opted into a voluntary VAT registration – you would need to state your VAT (Value added tax) registration number

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