The Government of South Africa has launched an online pilot phase of a new business registration portal, “Biz Portal” led by the Companies and Intellectual Property Commission (CIPC).
The Minister for Trade and Industry, Mr Ebrahim Patel says that the portal “is a pioneering and innovative project for government e-services. It will improve the time and ease for young people to start new enterprises and ends a great signal two days before the SA Investment Conference ”.
The Biz Portal is a pilot phase of a collaborative initiative by public entities, to contribute positively in the medium to the long term to the ease of doing business in the country. This means that an entrepreneur will be able to register a business within a day in South Africa, a dramatic improvement on turnaround times or 40 days recorded by the World Bank 2020 Ease of Doing Business Report.
The Biz Portal is a single integrated company registration platform in South Africa.
It is a digital platform aimed at bringing together business-related services from various public entities within the Republic of South Africa. Through collaboration with the South African Revenue Services (SARS), the Unemployment Insurance Fund (UIF) and the Compensation Fund (CF), CIPC made it possible for applicants or private companies to obtain:
(a) Company registration
(b) Tax registration number
(c) Domain name registration
(d) B-BBEE Certificate
(e) Compensation Fund registration
(f) Unemployment Insurance Fund registration
(g) Business Bank account
Minister Patel notes that the Biz Portal entails company registration functions that have already been tried and tested for several years within the CIPC’s E-services environment. This will also cater for options in terms of registering for UIF and Compensation Fund Reference Numbers.
Four major banks are participating on the platform. Depending on the nature of the agreement the customer will be able to make a direct payment in relation to the registration services at the end of the transaction, be routed into a safe banking platform to apply for a business account or opt for their personal details to be passed on to a bank of their choice.
In the pilot phase, the system is being tested and strengthened.
The next phase of the Biz Portal will make provision for other services related to running and maintaining a business.
Identity authentication will be via real-time Home Affairs Population Register and other sophisticated measures would serve as a necessary buffer to ensure system integrity.
“The applicants will also have an option to apply for a Domain Name and Broad-Based Black Economic Empowerment (B-BBEE) Certificate, thanks to the partnerships CIPC has with the Domain Name Authority, ZADNA and the dti, respectively. From a customers’ perspective, there is no need to visit multiple government institutions, saving them time and money. Such seamless registration services will enable entrepreneurs to focus on transforming innovative ideas into beneficial products and services, which will contribute to the creation of jobs in our country ”Minister Patel said.
The Biz Portal also demonstrates government’s commitment to 4IR and is one of the means through which government can demonstrate its commitment to creating an enabling investment environment characterized by efficient service delivery.
According to CIPC Commissioner, Advocate Rory Voller, “CIPC continuously strives to improve service delivery to businesses and is proud to launch Biz Portal, a pioneering platform for e-government services.
The Biz Portal is a first for South Africa in terms of government e-services and will significantly reduce the time to register a business. This latest addition to the suite of channels is a digital platform which is the result of a collaboration between CIPC, UIF and the Compensation Fund involving the integration of registration services or all three public entities added Voller. ”
The public has been encouraged to test this new portal while it has been piloted over the next three months. The Biz Portal is the tool for the registration of a business in South Africa and live. The URL is: https://bizportal.gov.za