Monday 3 October 2011

Event Update:SOS Business Surgery-Taxation And Company Registration(29-09-11)

                          
Hello, my name is Donna-Ray Campbell and I write the 'Event Update' column on behalf of Stimulus for the Entrepreneurial Report.
                                                                                                  

SOS Business Surgeries are events that we hold monthly that give an opportunity foe entrepreneurs to learn life skills, share experiences and gain information that will allow them to take practical steps to development. At these events one2one sessions can be booked in advance for a closer and private review of you particular situation.


Our Second SOS Business Surgery this month took place at Freshly Ground Cafe in Avondale where we discussed Taxation and Company Registration.We had Mr McLean and Mr Peter Chitengu from Network Secretarial Services explaining the taxation system of Zimbabwe, He explained how and why a business registers with Zimra (Zimbabwe Revenue Authority).


He shed some light on many worries new businesses have when they start off and enlightened trading businesses on how to efficiently deal with their finances where and the tax implications. Network Secretarial Services will be launching a secretarial package for SME'S  with The Stimulus Group to make book keeping, and taxation advice as well as secretarial and PAYE services, consultations and accounting services at affordable rates. I am looking forward to the benefit of this package for my business.


We then had Rudo Nyangulu from V.S Nyangulu and Associates. She explained the process of registering a company and the options. She explained the costs an SME can expect to incur in registering a company and the time it should take for the process to be complete. 


This was such an empowering surgery as one left with the necessary tools to set up their business from a legal point of view in relation to registration and taxation expectations and why they are important if we are aiming to be established, ethical and professional businesses!!!


See images of the event below courtesy of E:thos photography.


Our surgery got under way with our members introducing each others  business'  
Our first speaker Mr McLean speaking on the importance of secretarial services to a small business 
We then had Mr Peter Chitengu explaining how taxation in Zimbabwe works 
Members were interactive asking questions and raising current problems they are facing  with Taxation.
I questioned many of our members on taxation and got them sharing their experiences
We had group discussions  with our speakers 

Mr Simpson Moyo  of PHP Business Systems sharing on the importance of networking for your business







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