INNOVUS: COMPANY SUPPORT UNIT
Starting a new company can be overwhelming – you are now a director of a brand new spin-out company with responsibilities. Basic administration, VAT registration, implementing an accounting system, writing of business processes and policies are definitely not on the priority list but eventually, these kinds of processes need to be implemented.
HOW CAN WE HELP YOU?
Our team will do all that is necessary to incorporate and register a South African private company – this will be the Spin-Out Company in which you may hold equity, and/or an employment relationship.
Initially, Innovus takes care of all the admin and risk to ensure to the company is set. Below are a few administrative tasks we will implement:
Administration set-up of the spin-out company
All the set-up administration (incorporating a company, reserving its name, legal documents like the memorandum of incorporation, shareholders agreements, company secretarial and annual filings) and SU IP license agreements.
Ongoing company administration
All the ongoing company administration, such as:
Business support services like setting up your bank account, web site domain reservation, registration of the company name is all included. Marketing kick-off will including trademark registration with external service providers (at a reduced rate for university spinouts) not to mention registrations for VAT, “pay as you earn” or PAYE, Tax Clearance Certificate and BBBEE certificate applications.
Accounting Services includes:
Marketing Service includes:
Advice with website and logo development and appointment of service providers (at a reduced rate for university spinouts), marketing material and online shop trading platforms.
To learn more about our services or to get started, contact Doris Peters at email email@example.com or telephone number 021 808 3910.
Innovus, Stellenbosch University
15 De Beer Street
PO Box 3135
t +27 (0) 21 808 3826