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How to do Business in SA
"It is our sincere hope to attract
real and growing international investor
commitment to South Africa and,
at the same time, to fully capitalise
on the opportunities to bring about
dynamic growth in our country. In
so doing we hope to enhance commercial
and industrial development, while
creating sustainable employment
and providing training for our vast
resource pool.
Since the inception of the new
democratic government, South Africa
has effectively adhered to disciplined,
predictable economic fundamentals.
Through this arduous process, South
Africans have developed a strong
entrepreneurial culture, keen to
jointly develop our country with
international partners. From a geographic
perspective, we are proud of the
role to be played in facilitating
and supporting the development of
the region, offering a wide array
of skills and technical understanding.
Through government efforts to liberalise
trade and industrial development
policies, South Africa has been
established as a dynamic and internationally
competitive investment location.
Such measures include:
- Tariff reform.
- Trade and investment promotion.
- An industrial strategy that
focuses on supply side.
- Reform of the regulatory environment.
Considered alongside political
stability, these measures have been
instrumental in creating a promising
medium- to long-term economic scenario,
ensuring that local and international
firms are able to operate profitably
in South Africa.
I trust that this detailed guide
will provide you, the investor,
with a recognised platform from
which to launch your foothold into
Africa."
Mandisi Mpahlwa
Minister of Trade and Industry
Where to
Start
A good guide for investors about
the dynamics and principles involved
in the South African business environment
is the Investor's Handbook Publication.
The following factors are covered
in this publication:
- Entry and residence of foreign
investors and expatriate labour
- Foreign exchange control
- Business entities and registration
- Sources of finance for the foreign
investor
- Property and licenses including
intellectual property, cellular
licenses, banking licenses and
prospecting and mining rights.
- Land - acquisition, rezoning,
subdivision and transfer
- Site development including information
about building permits, environment
assessment, electricity, water
and telephones
- Importing and exporting which
includes information about import
permits, export permits, registration,
customs, payment deferment, duty
drawback, bonded warehouses, manufacturing
under rebate, clearing agents
- Tax Registration for Business
which includes information on
Tax Registration, Value Added
Tax, Employee Tax, Regional Levies
and Accounting policies.
- Other relevant laws such as
Competition Law, Environmental
Law, Labour Laws, Recommendations
for Investors.
- Contact information for the
Labour sector, National Investment
Agencies and the Provincial Promotional
Agencies
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