Eternity Law International — Ready-made company in South Africa

Ready-made company in South Africa

Published:
April 6, 2020

What is included:

  • Ready-made company in South Africa,
  • Account at a local bank,
  • Legal address

Cost: on request.

In South Africa, companies are divided by law into commercial and non-profit companies. The company must be registered as an external company. The most common forms of doing business are private companies and branches.

A company is a resident if it is registered in South Africa or effectively operates within the country. Which means that if any company has its current directors and effective management are located within – such company would be considered as a resident.

Residents are taxed on worldwide income; non-residents are taxed on income from South African sources and on capital gains caused by real estate transactions from foreign sources and income from selling the assets of a permanent establishment.

Branches are generally taxed in the same way as permanent establishments.

Income tax is levied on profits, which consist of income from the activities of the company, passive income and capital gains. Expenses incurred whilst generating income can be excluded from taxable income. The rate is usually 28% for companies and affiliates.

Companies must file their tax returns annually during the period determined by the South African Revenue Service (SARS). Preliminary tax payments should be made twice a year based on the assessment of the final tax amount.

The first should be done in the first half of the year and the second one – in the second half of the year. If advance tax payments are less than the final tax liability, additional payment must be made within six months after the end of the tax year.

VAT is levied on the services provided and goods sold. The standard rate is 15%.

VAT registration is obligatory for companies that have a turnover of goods and services with a zero VAT rate of 1 million ZAR per year.

All countries that receive services or sell goods in South Africa register should register their VAT payer status when this threshold is exceeded. In particular, those companies which have activities that meet special regulation in South Africa.

Please feel free to join our telegram channel in order to keep updated for the new offers for ready-made companies for sale.

Every day we have new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

You could be interested

Bank in Dominica for sale

We offer a bank in Dominica for sale. Below you can see basic information about the bank. Bank in Dominica for sale – what’s included: Banking and trust license; Correspondent banking agreement with UK provider for EUR and GBP IBAN issuing; Bank works with EUR and GBP mainly (multicurrency agreement underway); SEPA is supported (SWIFT...

FSP forex broker company in South Africa for sale

Here is South African broker for sale. Category 1 FSP forex broker company in South Africa for sale: Granted Date Authorized 2021. Operational bank accounts are in First National bank and Standard Bank Of South Africa. Possibility of opening TPFA account for clients fund. No website, no software, no client base, no assets. No legal...

Ready-made company in Liberia

What is included: Ready-made company in Liberia, Local bank account, Legal address Cost: on request. KEY FEATURES Before you start registration, it is worthwhile to familiarize yourself with some of the nuances in detail: not only citizens of Liberia, but also foreign entrepreneurs can create a company (you can conduct business from within or outside...

Ready-made company in Brazil

What is included: Ready-made company in Brazil, Account at a local bank, Legal address Company type: Limited liability company (LTDA). Cost: on request. National Currency: Brazilian Real (BRL). In Brazil, there are two main types of companies – a limited liability company (LTDA) and a joint stock company (SA). Branches and permanent establishments are not...

Ready-made company in Singapore with an opened bank account – for sale

A new investment opportunity – a ready-made company in Singapore with a bank account for sale. Please review the basic details of the offer below. Available to buy – ready-made company in Singapore What’s included: Year of incorporation: 2015; Active bank account with a Maybank (USD, SGD); Type of activity: IT, Software development; The transfer...

Ready-made company in Warsaw w/ two active bank accounts for sale

New investment proposal –  ready-made company in Warsaw for sale. The key details of the opportunity are provided below. Company in Poland for sale: details of the deal Year and place of registration: 2023, Warsaw; Bank accounts: two active bank accounts in Credit Agricole (Poland) and in Santander Bank (Poland); Declared activity: marketing, IT; can...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360