South Africa is a middle income emerging market with an abundant supply of resources. It is also the largest energy producer and consumer on the continent. South Africa is ranked 25th in the world in terms of GDP as of 2008.
The South African rand is the most actively traded emerging market currency in the world. It has joined an elite club of fifteen currencies, the Continuous Linked Settlement, where forex transactions are settled immediately, lowering the risks of transacting across time zones. As a result international companies are increasingly looking at South Africa as a place to pitch their services.
When providing services in South Africa they will either have to relocate their own staff or source international contractors. It is very difficult to start a company in South Africa as a foreign owned enterprise and as such if these companies wish to relocate their staff or source international contractors they will require a locally based Contractor Management Company to provide a full employed local solution for their employees. This will entail South Africa Permits and local South African payroll.
As an individual, working in South Africa can be a highly rewarding experience, an opportunity to experience living in the Africa, with a high standard of living and high earning rates. Our services in South Africa include:
Self-Employed / Pty Ltd Companies
Expatriate Tax specialists
Insurance (Private Health / Travel / Professional Indemnity)
Bank Account Opening
You can reach all our resources for South Africa from this page.