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If you are selling or supplying meals/ food from a restaurant, a takeaway, tuck shop, spaza shop, fast food outlet, supermarket, grocery store, or wholesaler, you need to get a business license and can have it renewed every year.
- Do I need a permit to open a spaza shop?
- How do I get a spaza shop permit?
- What form of ownership is a spaza shop?
- Are spaza shops illegal?
- How much is Pick n Pay spaza shop franchise?
- What does a spaza shop sell?
- How much does a spaza shop make a month?
- What is a business license in South Africa?
- How do you get a hawker's license?
- Is a spaza shop a business?
- Do spaza shops pay tax in South Africa?
- Why do spaza shops fail?
- What is spaza in English?
Do I need a permit to open a spaza shop?
You are eligible to apply if you are a spaza shop or general dealer owner who is a South African and hold a business license or valid trading permit. If you fit these criteria, Go to your nearest Nedbank Branch, Nedbank desk at your nearest BOXER store, or your nearest Standard Bank branch for assistance to apply.
How do I get a spaza shop permit?
Only traders with a CoJ Certificate of Acceptability (COA) from the Environmental Health Department in their possession are eligible for permits; Traders must have a proof of trading (JPC statement/smart card); A valid identity document and ID/passport photo is required to produce the permit.
What form of ownership is a spaza shop?
Spaza shops are now legalized on the condition that they obtain a trading license in accordance with Business Act 71 of 1991 (Spaza News, 2005). A spaza shop's inventory is usually composed of basic goods like produce, drinks, cigarettes, and bread.
Are spaza shops illegal?
Closing foreign-owned spaza shops has no basis in law
The shadow minister says that the decision to close spaza shops owned by foreigners had no basis in law and was not in the best interests of the communities served by such establishments.
How much is Pick n Pay spaza shop franchise?
Establishing a new store costs in the region of R10 million. This purchase price depends on the size and location of the store, and the developer's contribution. Once the store is up and running, franchisees must also pay a fee of 1.25% of gross annual turnover.
What does a spaza shop sell?
Spaza shops are micro-convenience stores which operate in township residential areas, selling groceries, bread, cool drinks, prepaid airtime, sweets and cigarettes.
How much does a spaza shop make a month?
A spaza shop in a very busy area can be able to make around R1 000 – R6 000 on a daily basis.
What is a business license in South Africa?
What is a business license? A business license allows you to establish a particular business in a specified area. The license also ensures that your business and the business premises meet all of the building regulations, public safety and health requirements. Trading without a valid license is a punishable offense.
How do you get a hawker's license?
You will need to apply for a licence from the City's Trade Licence Department. In addition, you will need to pay a once-off application fee. Only when all departments have retuned favorable reports and recommend approval the trade license will be issued.
Is a spaza shop a business?
A spaza shop, also known as a tuck shop, is an informal convenience shop business in South Africa, usually run from home. They also serve the purpose of supplementing household incomes of the owners, selling small everyday household items.
Do spaza shops pay tax in South Africa?
As such, spaza shops play a vital role in serving local communities as part of the informal economy. This segment does contribute to indirect taxes (Value-add Tax) through their purchasing from suppliers and direct taxes (Income Tax) on their income earned.
Why do spaza shops fail?
Spaza shop owners often start their businesses because they noticed a gap in their community or they have a passion, such as baking or beer-brewing, that they wish to capitalise on. ... Many small businesses, like spaza shops, fail because they make mistakes that could have been avoided.
What is spaza in English?
/ˈspɑː.zə/ a small shop selling food, drinks, etc., especially one run from someone's home in a township.
