In the wake of a global lockdown and travel restrictions, there came a resurgence in economic activity. Governments the world over poured relief funds into all types of commerce, hoping to jumpstart businesses across all platforms and trade areas.
Your business has grown well during the previous year, and it is set to perform even better in the coming year. The adoption of technology further aided in your business reaching consumers or suppliers in different countries. Your next step is importing and exporting, but you have no idea where to start.
South Africans living abroad should be aware of the seriousness with which SARS is dealing with non-compliance. Provided that you are working abroad and have not ceased your tax residency, while not filing tax returns or declaring your foreign income, you are most likely non-compliant.
In the wake of a global lockdown and travel restrictions, there came a resurgence in economic activity. Governments the world over poured relief funds into all types of commerce, hoping to jumpstart businesses across all platforms and trade areas.
Foreign investment acts as a catalyst to economic development for the host country as well as for South Africa.
A company is required to register as an “external company” if the foreign company has entered one or more employment contracts within South Africa, or if the foreign company engages in a pattern of activities that would lead to reasonable conclusion of continuous business conduct in South Africa.
During this tough period we have faced as a country, it is no wonder that many companies find themselves in a tight position when it comes to ensuring full compliance of the business with various authorities. Deadlines can be easily forgotten and eventually missed. However, this may bring with it some serious repercussions.
According to a recent article featured by Fin 24, South Africa is now ranked 84th out of 190 countries relating to comfort of doing business, compared to a very good position of 32nd in 2008. It is now rather obvious that dealing with technical business matters in your own capacity might not be in your […]
Cosatu says it fully supports plans by workers in the banking sector to down tools in September. Sasbo and its over 70,000 members want to shut down the sector in protest over planned retrenchments.