• Starting a Business

Starting a Business - Overview

Requirements for Starting a New Business

Foreign investors starting up new businesses or expanding existing business operations in South Africa require business permits.

A feasibility study to be presented in the form of a business plan
Capital investment of R2.5 million. This may be waivered through the Department of Trade and Industry or provincial investment agencies, such as Trade & Investment KwaZulu-Natal
A letter from a South African-registered chartered accountant verifying the investment amount
An undertaking to employ at least five South African citizens or residents; and
Registration with the South African Revenue Services – www.sars.gov.za