An integral part of operations and planning, whether it is the company structure, impact of taxation on profit and dividends or advice and guidance on obligations and processes, is to ensure companies receive adequate and correct tax advice for South Africa.
Tax plays an important role in deciding on the correct business structure. Selecting the wrong structure could result in unnecessary tax being paid or an adverse effect on the ability to repatriate funds to the parent company based abroad.
The implication of the various taxes that may be levied on a business has a fundamental effect on profitability and viability of any venture. Understanding tax regimes can be complex, but throw into the equation international ownership, dual tax agreements and cross border regulations and it becomes a positive minefield.
How can we help
Our tax advice differs from that of an accountancy practice. Our consultative process is not just about registrations and compliance but proactive in terms of guiding you through the options to make an informed decision.
Once decisions are made, we then move on to the implementation of the strategy and taking care of the initial set up, such as registrations and company formation. Ongoing obligations to SARS (South African Revenue Service) will be highlighted and we can recommend a suitable accountancy partner for you to work with for the compiling of monthly management statements, annual returns, payroll and VAT.