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South Africa Offshore Company Formation

South Africa is a multi-ethnic society encompassing a wide variety of cultures, languages, and religions. Its pluralistic makeup is reflected in the constitution’s recognition of 11 official languages, which is the fourth-highest number in the world. In August 2013, South Africa was ranked as the top African Country of the Future based on the country’s economic potential.

Country: South Africa
Population: 56.72 Million
Capital: Cape Town
Currency: South African Rand
Language: English

South Africa Offshore Company Formation £8500.00 + Vat
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Estimated renewal costs in year two: £7,850.00

Details of Company (Limited Liability Company – Pty. Ltd.):

Minimum of one Shareholder and one Director, who may be of any nationality.
Minimum Share Capital of ZAR1
Accounts are required to be maintained and filed.

Banks:
A member of our banking team will be able to advise on a suitable offshore bank account for this Company formation.

N.B. Banking does not have to be in the jurisdiction of incorporation and this cost can be reduced substantially by our placing of offshore banking in other overseas jurisdictions.
Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.