Offshore company formation in South Africa for worldwide use.
Incorporate your business today offshore in South Africa,
operate your new offshore company from any country in the world,
and start making good profit from now on into the future...
South African Offshore Companies
for business and trade anywhere in the world
- more profit - less tax -
Be a part of South Africa's rich history.
Over the years South Africa has developed an astonishing investment climate.
Don't get left behind by your competition!
Get the right image today!
Background
=South Africa is an independent country situated in the Southern Region of Africa.
=South Africa (SA) is well known for its human rights activist and erstwhile president Nelson Mandela.
=SA hosted the 1995 Rugby World Cup and the 1996 African Cup of Nations, as well as won the bid for the 2010 Soccer World Cup.
=SA won the 1995 and 2007 Rugby World Cup.
=South Africa maintains diplomatic relations through 254 embassies, consultates, accreditations and organisations in other countries, and through 209 such representations in South Africa. This means that using a South African offshore corporation or offshore company in your country carries with it a good background of international relations.
=SA is a member of SADC, AU, NEPAD, UN, United Nations Conference on Trade and Development (UNCTAD), The Commonwealth, The Non-Aligned Movement, and The World Trade Organization.
=SA has an agreement on Trade, Development and Cooperation with the European Union (EU).
=South Africa is well-represented at the annual World Economic Forum (WEF).
=SA registers / incorporates over 200 000 corporations and companies annually, many of which are used offshore by non-residents.
Offshore Benefits
=Tax Agreements with some 50 countries worldwide:
=Running your offshore Company / Corporation in a country that has a tax agreement with South Africa means that you pay no (zero) South African tax; you report for tax in the country concerned. This gives you great flexibility in your tax planning. For example, if a South African company buys and sells goods in a customs zone in a free port, then the profits are not taxable and the transactions do not have to be reported to any tax authority.
If no tax agreement
=Running your offshore Company / Close Corporation (CC) in a country that does not have a tax agreement with South Africa, you only pay South African tax on profits: 29% less the tax payable in that country.
Examples:
If your offshore Company / CC pays 20% tax on profits in your country, you pay 9% tax in South Africa.
If your offshore Company / CC pays 29% tax on profits in your country, you pay no tax in South Africa.
Offshore Company Naming
=Words needing justification: "Holdings", "Group", "Investments", etc. We can advise you on how to use these words.
=Words needing further description: "Enterprise", "Enterprises", etc. We can advise you on how to use these words.
=Corporations end with "CC" e.g. Kembul CC; Companies end with "(Pty) Ltd" e.g. Bilkovo (Pty) Ltd.
Offshore Shareholding / Membership
=Corporation: at least one individual member - can be SA resident or non-resident.
=Company: at least one individual or corporate shareholder - can be SA resident or non-resident.
Offshore Directorship / Secretarial
=At least one individual director/member - can be SA resident or non-resident.
=Secretary: informal appointment - can be SA resident or non-resident.
Accounting for South African Offshore Companies
=No Annual Financial Statements and Tax Return in SA for offshore companies operating only from tax-agreement countries.
=Annual Financial Statements and Tax Return must be submitted in SA only for offshore companies operating from non-tax-agreement countries (and/or from South Africa).
Offshore Share Capital / Contribution
=Lowest: One SA Rand = R1.00. Standard = R100.00.
Offshore Company Documentation
=Certificate of Incorporation - Official Issue / Notarial Certificate.
=Tax form concerning tax reporting in your country / in South Africa.
=Several other related documents.
=Final offshore company / corporation document with Apostille de La Haye / Certificate of Authentication.
Offshore Supply Timing
=From shelf list - ready-made: ±1 hour - email. Apostilled final: ±4 weeks.
=With new name - supplied by you: ±14 days - email. Apostilled final: ±4 weeks.
Offshore Pricing
These rates are low in comparison to other offshore company suppliers.
=Offshore Incorporation fee: from US$350.00
=Offshore Annual Turnstile Service fee: US$235.00 (first year free)
=Offshore Non-tax-agreement audit fees: US$500.00 (includes ensuing year's Turnstile Service fee)
