Fica Legislation

New FICA Legislation

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

Please note: no vehicles may be released without the required documentation.

 

Private Buyer

  1. Utility Bill with current residential address no older than 3 months
  2. Copy of ID

 

Dealers and Companies

  1. Utility Bill with current business address no older than 3 months
  2. Resolution letter confirming the registered representative/s can buy on behalf of the company
  3. SARS letter with VAT number (if applicable)
  4. Owner’s ID copy (all partners and members) as well as proof of private residential address.
  5. Proxy details / BRN certificate / Dealer stocking certificate / Traffic Register certificate (From the License Department)
  6. Proxy and representative’s ID copies
  7. Copy of Original CK/CM documents to confirm the identity of all members or directors

 

Sole Proprietors

  1. Utility Bill with current residential address no older than 3 months
  2. Owner’s ID copy
  3. Letter from company confirming the existence of the company as a sole proprietorship
  4. if registered for VAT, SARS letter with VAT number

 

Trust

  1. Trust deed
  2. Letter of authority issued by the master of the high court
  3. Authorization letter to buy on behalf of the trust
  4. Tax clearance certificate (if VAT registered)
  5. ID’s of all trustees
  6. Proof of address for all trustees
  7. Proof of address for the trust

 

Additional 

  1. Buyers residing or operating from someone else’s premises may submit an affidavit with an ID copy of the premises’ owner
  2. A marriage certificate may be submitted as proof of spouse’s address
  3. A lease agreement may be submitted for those renting from agencies
  4. foreign buyers may submit copies of passports, Valid VISA’s or Traffic register certificates instead of ID’s
  5. Drivers Licenses may NOT be used as a form of identification