Minimum requirements for a start-up business to tender
Go Back To ArticlesThe Preferential Procurement Policy Framework Act dictates that Organs of State enforce certain minimum requirements when awarding tenders, to verify that an enterprise is legally operating and is tax compliant.
These are:
- Company registration documents.
- Be registered on the Central Supplier Database
- A tax clearance certificate: The business must be registered with SARS for Income Tax purposes:
But, remember that to have a registered company and to have a business, is not the same thing.
These items are only the beginning. Once you comply with these three items you must actively start doing business. In other words, your business must be a running concern.
To learn more about this and many other tender conditions attend our “Become a Tender Expert” 2-Day workshops and webinars. You can book online at https://howtotender.co.za/tender-training-workshops-and-webinars/. Contact us at info@howtotender.co.za should you require more information.
Remember: We have various manuals and guides to assist you in the process of completing your tender documents. ….. More info
Date Published: 2024-10-16 11:54