The Preferential Procurement Policy Framework Act dictates that Organs of State enforce certain minimum requirements when awarding tenders, to verify that an enterprise is legally operating and is tax compliant.
- Company registration documents.
- Be registered on the Central Supplier Database
- A tax clearance certificate: The business must be registered with SARS for Income Tax purposes:
But, remember that to have a registered company and to have a business, is not the same thing.
These items are only the beginning. Once you comply with these three items you must actively start doing business. In other words, your business must be a running concern.
To learn more about this and many other tender conditions attend our “Become a Tender Expert” 2-Day workshops and webinars. You can book online at https://howtotender.co.za/workshops/. Contact us at firstname.lastname@example.org should you require more information.
Remember: We have various manuals and guides to assist you in the process of completing your tender documents. ….. More info