Company Registration in South Africa
Doing Business & Company Registration in South Africa
South Africa at a Glance
South Africa is the Most Sophisticated and Developed Economy In Africa and has some high-class companies in finance, real estate and business services, manufacturing and wholesale and retail trade. South Africa is the ‘gateway to Africa’ for investors due to its comparative sophistication, ease of doing business, continental expertise and ability to act as a base for critical services (e.g. auditing) for doing business on the rest of the continent.
Strategically located at the tip of the African continent, South Africa is a key investment location, both for the market opportunities that lie within its borders and as a gateway to the rest of the continent, a market of about 1- billion people. it is the economic powerhouse of Africa and forms part of the BRICS group of countries with Brazil, Russia, India and China. It has a favorable demographic profile and its rapidly expanding middle class has growing spending power.
Reasons why Investors prefer to invest in South Africa include the following;
- The country has a wealth of natural resources and gets increasing attention from international markets.
- World class infrastructure—South Africa is at the forefront of new green technology—creating jobs in the process.
- Labour costs here are less than half that of European countries.
- Healthy legal environment for business
- South Africa has a large labour force consisting of skilled, semi-skilled and unskilled labor
- South Africa has some of the most modern transport systems in Africa.
The Tax Regime in South Africa is Quite Straight forward with the Tax rate for personal Income ranging from 18 to 36 %, Corporation Tax is at 28% and Vat at 15%.
For over 1 decade now, East Africa Business Consultants Has assisted many clients with the following Key Company Set Up Services in South Africa;
- Company registration in South Africa
- Government Licenses Processing
- Business Bank Account Opening
- HR Recruitment and Management
- Work Permit Processing
- Apartment/Office/Warehouse Sourcing.
Company Registration in South Africa Summary Table
| Entity | Subsidiary Company | Branch Company |
|---|---|---|
| How Long does the Company registration process Take? | 15 Days | 15 Days |
| How long Does it take to Open Bank Account? | 5 Days | 5 Days |
| After how Long can you Invoice and Hire | 20 Days | 20 Days |
| Minimum Number of Directors and Shareholders | 2 | – |
| Foreigner Can own the Company 100% | Yes | Yes |
| Can the entity hire expatriate staff | Yes | Yes |
| Tax Identification Registration required | Yes | Yes |
| Access to South Africa double Tax treaties | Yes | Yes |
| Can bid for Government Contracts? | Yes | Yes |
| Can Secure Trade Finance? | Yes | Yes |
| Can Secure an Import and Export Licence? | Yes | Yes |
| Can Easily Convert into a PLC? | Yes | No |
| Can Secure Work permits for foreign Employees and Directors? | Yes | Yes |
| Multi Currency Bank Accounts Available? | Yes | Yes |
Complete the form below for additional information on Company Registration in South Africa or to request for a quotation.
WHAT CLIENTS SAY ABOUT US
AZG Capital
2021-02-25
Very professional and trust worthy company. I closely worked with Albert and Kelvin in this project and I found them to be very helpful and the above and beyond to complete the project to our satisfaction. Thanks guys!!
Evie Lim
2021-02-24
Anthony has been professional in helping us set up and registering a business in Kenya. Highly recommended.
Francis Anyanwu
2021-02-17
Very Professional outfit. From nothing they will give you a foothold in the regions they operate in a timely manner. They are highly recommended
Jide Nwakobi
2021-02-01
Fantastic and efficient professionals. They make complex processes so easy.
Ruth Wacuka
2021-01-04
Registering a company/ organisation / entity in a very dynamic Kenya and Nairobi precisely can be frustrating .
Africa Business Consultant exceeded our expectations. How they guided us in the process and helped us make the right decision for the kind of a company we needed . The professionalism through the process, our company got the documents just like we wanted sooner than we thought.
The commitment by the Associates like Albert!!
Happy to recommend anyone looking into taking a step towards this.
Thank You for your services.
Junaid Khan
2020-12-19
Only one word for East Africa Consultant team;
“commitment kept commitment made”
Excellent team.
Titus Kilango
2020-12-15
A very interactive and friendly experience, I can definitely advice anybody to try EABC for a cutting edge experience. I will definitely be back.
Z Hussain
2020-11-25
A extremely professional, trustworth and worldclass service. The team helped me navigate all my options and were completely transparent and up front about costs,which were extremely competitive. The team successfully and smoothly navigated all the required administrative processes, all on an expedited timeline. The communuication is first class and I would highly recommend them.
Ash Shah
2020-11-17
Recd great service…the guy whom I dealt was Anthony
Keffys Chain Of Stores
2020-11-11
My experience with East Africa Business Consultants was great. Everything was delivered in time as promised. I got all the documents needed and all my questions were promptly answered. I’d recommend them to anyone who might need their services.
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