NEW FICA LEGISLATION

In order to register on auction, the following FICA documentation is required.

PRIVATE BUYERS

• Utility Bill (not older than 3 months) with the current residential address
• Copy of ID 
• Completed registration form

 

DEALERS & REGISTERED COMPANIES

• Utility Bill (not older than 3 months) with current business address
• Resolution letter confirming the registered representative/s can buy on behalf of the company
• SARS letter with VAT Number **
• Owner’s ID Copy (all partners and members) as well as proof of private residential address. *
• Proxy details / BRN certificate / Dealer stocking certificate / Traffic Register certificate (From the License Department)
• Proxy and representative’s ID copies
• Copy of Original CK/CM documents (to confirm the identity of all members or directors)

Please note Self-printed copies from WINDEED, DEED SEARCH etc. may not be used.

 

SOLE PROPRIETORS

• Utility Bill with current residential address *
• Owner’s ID copy
• Letter from the company confirming the existence of the business as a sole proprietorship
• If registered for VAT, SARS letter with the VAT number **

 

ADDITIONAL INFORMATION

• In order to bid, you will have to put place a deposit of R5000.
• Buyers residing or operating from someone else’s premises may submit an affidavit with an ID copy of the premises’ owner.
• A marriage certificate may be submitted as proof of the spouse’s address.
• A lease agreement may be submitted for those renting from agencies.
• Foreign buyers may submit copies of passports or Traffic register certificates instead of ID’s.
• Drivers Licenses may NOT be used as a form of identification.

* These documents may not be older than 3 months
** Notice of registration