1. Register and obtain a Tax Identifier Number (TIN)
2. Keep Business records of income and expenditure
3. Lodge summary forms and returns as required
4. Be on time with your tax returns and tax payments
5. Pay the right amount of tax

All businesses must lodge an income tax return and pay tax on the profits of the business.You may also have other tax obligations such as:

• PAYE
• Sales Tax
• Goods Tax
• Withholding taxes

The legal entity that operates the business will need a Tax Identification Number-TIN. The most common types of business entities are:

Sole Trader
Partnerships
Companies & Trusts