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A guide to establishing a presence in South Africa

Establishing a presence in South Africa is Grant Thornton’s practical guide discussing the most important aspects relating to business investment in our country.

South Africa is the gateway to sub-Saharan Africa. It is also the economic powerhouse of the African continent, having a gross domestic product (GDP) of more than double that of its southern African neighbours. With excellent transport infrastructure and world-class ports South Africa is ideally positioned to facilitate expansion plans in these countries.

South Africa’s Department of Trade and Industry (dti) says the nation is distinctive, giving rise to a strong entrepreneurial and dynamic investment environment. The dti adds that South Africa is one of the most sophisticated and promising emerging markets globally because of its combination of a highly developed first-world economic infrastructure and huge emergent market economy.

One of the chief reasons for the nation becoming one of the most popular trade and investment destinations in the world is because the country ensures that it can meet specific trade and investment requirements of prospective investors and businesspeople.

The World Economic Forum’s (WEF) Global Competitiveness Report for 2009/10 ranked South Africa as the 45th most competitive country out of 133 global nations, making it the highest ranked country in sub-Saharan Africa. South Africa has also ranked 34th out of 183 countries around the world in a survey entitled ‘Doing Business 2010’ which was conducted by the World Bank and International Finance Corporation. The annual survey tracks the hassle, time and cost involved in meeting government requirements for business start-up, operation, trade, taxation and closure.

Many lucrative possibilities, arising from South Africa’s wealth of natural resources, and almost unlimited export and import opportunities, exist in the country. ‘A guide to establishing a presence in South Africa’ by Grant Thornton presents the most important aspects relating to investing in South Africa.

Content outline

South Africa in a nutshell
Types of business establishments
Banking
Broad-Based Black Economic Empowerment (B-BBEE)
Taxation
Incentives
Exchange control
Residence and immigration
South Africa: the springboard into Africa
Government trade and investment agencies
Grant Thornton International Business Centre

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Guide to establishing a presence in South Africa

Establishing a presence in South Africa is Grant Thornton’s practical guide discussing the most important aspects relating to business investment in our country. Download your copy of Establishing a presence in South Africa 2010.