Keith WhiteNov 9, 20234 minThird party payments for imports. Before providing information of what represents a third party payment for imports, it is important to briefly explain what is deemed to...
Keith WhiteSep 26, 20234 minAdvance Import Payment NotificationAn advance payment for imports is a prepayment method in which an importer makes payment for items to be imported in advance, prior to...
Keith WhiteApr 3, 202310 minOverseas TravelTravel allowances to ‘leisure’ travellers and ‘Omnibus’ travel facilities to business travellers You are a South African resident wishing...
Keith WhiteJan 27, 20235 minMerchanting Transactions - Exchange Control Perspective. Merchanting Trade – What you need to know. In simple terms a merchanting transaction is a trading arrangement which involves the purchase...
Keith WhiteAug 29, 20226 minForeign Bank Accounts – Financial Surveillance RequirementsIndividuals can create a foreign bank account via the utilisation of the Single Discretionary Allowance (SDA), which is available to...
Keith WhiteApr 28, 20228 minOutward Foreign Direct Investment (FDI)Do You Wish to Develop Your Business Offshore? – Outward Foreign Direct Investment The concept of Outward Foreign Direct Investment,...
Keith WhiteMar 15, 20227 minInward Foreign Direct Investment (FDI) and Financial Surveillance RequirementsInward Foreign Direct Investment (FDI) and Financial Surveillance Requirements
Herman BezuidenhoutJan 19, 20224 min10 Awesome TIPS for Importers and Exporters in 2022 10 Awesome TIPS for Importers and Exporters in 2022
Warren TaggDec 7, 20213 minForeign Exchange - Single discretionary Allowance, Investment allowance & FEC’s for Private ClientsSouth African individuals may, inter alia, transfer funds out of South Africa in terms of current Exchange Control Regulations either via...