NCR Registration Business Plan

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The National Credit Regulator (NCR) was established as the regulator under the National Credit Act No. 34 of 2005 (The Act) and is responsible for the regulation of the South African credit industry. It is tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ensuring the enforcement of the Act. The Act requires the Regulator to promote the development of an accessible credit market, particularly to address the needs of historically disadvantaged persons, low-income persons, and remote, isolated or low-density communities. The NCR registration requires a business plan among other requirements.


The NCR is also tasked with the registration of credit providers, credit bureau, and debt counsellors; and with the enforcement of compliance with the Act. It is a requirement of any party or juristic person who advances money and or who extends credit to register with the NCR.


The required steps for registering with the NCR:

  • Complete the NCR Application Form
  • Have a company registration or be a sole proprietor
  • Provide a copy of the share certificate/s if the application is a company
  • Provide certified copies of ID/Passports of all members/directors/trustees/partners/sole proprietors
  • Complete & sign resolution document if the applicant is a juristic person
  • Provide a criminal name clearance certificate for all members/directors/trustees/partners/sole proprietors issued by the South Africa Police Services (SAPS)
  • Proof of payment of the registration fee
  • Non-Refundable application fee
  • Branch fee per location or premises where you will be operating from
  • Registration Fee
  • Letter from the bank confirming the applicant’s banking details or a copy of a cancelled blank check
  • Proof of registration with the South African Receiver or Revenue Services (SARS)


A well proposed and clearly structured business plan is advantageous and would demonstrate all of the applicant’s intentions going forward. This would allow for a registration officer to gain more insight on the applicant therefore concluding in a fair registration outcome.


At DTC we understand the complexities of the various requirements and the unique application criteria for an NCR Registration business plan.

Contact us for more information on the NCR Registration business plan.