A friend and I are looking into starting up a small clothing company. We plan on importing the items from China (we are looking at using Alibaba to start with to find suppliers) and then selling online, to stores and via word of mouth.
I need some help on exactly what is involved. I'd really appreciate some feedback around the following topics:
The selling/marketing side of things I'm fine with, I just need some help with the legalities of getting the goods into the country and then selling them legally.
Thanks in advance
I need some help on exactly what is involved. I'd really appreciate some feedback around the following topics:
- Do we need to register as a company with SARS?
- Would we need a separate bank account or could we use a personal account to start with?
- What import license would we need?
- I've noticed on the SARS site that one can register as an importer in a personal capacity. If this is possible, would we need to register a company?
- Could someone run me through the importing process (ordering, bill of lading, clearing at customs etc.)
The selling/marketing side of things I'm fine with, I just need some help with the legalities of getting the goods into the country and then selling them legally.
Thanks in advance