Bookkeeping is the activity of keeping records of income and expenditure of money within the business. We generally distinguish between general bookkeeping and financial bookkeeping. General bookkeeping is concerned with the day-to-day activities of your business such as purchasing and selling products or services.

Financial bookkeeping goes beyond the reporting of your daily transactions. It is about planning your business activities and forecasting and executing your company’s investments.

In simple terms, tax registration means declaring your legal existence to the local tax authorities. It also means that you provide information that identifies your business as an economic unit operating in the locality and ready to contribute to local economic development.

As an employer, your legal responsibilities to your workers are defined by law and you must be aware of them. They include the following:

1. Paying a decent salary, respecting working days and hours

2. Registering your workers with social
security and paying contributions.

3. Registering your workers with social
security and paying contributions.

There will be times in your life when, if you are not supported, it becomes difficult for you to cope. This is the case with maternity/paternity, unemployment, work accidents, illness, disability, old age, etc. Social security is what protects you in these situations. It is a universal right supported by policies and systems that aim to prevent poverty and vulnerability throughout the life cycle.

There will be times in your life when, if you are not supported, it becomes difficult for you to cope. This is the case with maternity/paternity, unemployment, work accidents, illness, disability, old age, etc. Social security is what protects you in these situations. It is a universal right supported by policies and systems that aim to prevent poverty and vulnerability throughout the life cycle.