South Africa overview
Basic Facts
- Officially the Republic of South Africa
- South African rand (ZAR) currency
- Mixed, civil law and common law legal system
- Presidential democratic republic
- High quality of life
- Double taxation agreements (DTAs) currently with over 70 countries
- Afrikaans and English speaking
Reasons for doing business in South Africa
TOP 3
Headquarter company regime exemptions
Tax and employment incentives for companies in 15 Special Economic Zones (SEZs)
International Shipping company tax exemption
More advantages
- Corporate income tax (CIT) rate of 27%,
- Dividend tax of 20%
- Advance infrastructure and financial system
- Net operating losses (NOL) may be carried forward indefinitely
- CFC rules and thin capitalization apply
- Inheritance tax and gift tax rates of 25%
- No wealth tax
Company formation in South Africa
Do you need to establish a company in South Africa? Then to administer it?
Are you looking for a reliable lawyer or accountant in South Africa?
Do you want to structure your international business in a correct way?
You do not know yet what do you need in South Africa?
Well, contact us at any time, we are ready to help you to find the right answers to your questions and workable solution for your specific needs. We are here for you.
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