Hylton Cameron
Head of International Tax
For foreign-based multinational corporations seeking to enter the South African market, it is essential to understand and adapt to the shifting dynamics of South African tax legislation, strict exchange control rules and global standards for interpreting tax treaties.
Foreign companies with a taxable presence in South Africa are usually faced with two options: branch or subsidiary. These options are distinctly different from a legal and tax perspective and have certain compliance implications. BDO can assist with your decision making, to ensure you make the right choice for your business while averting tax risk in South Africa.
BDO provides the expertise needed to address these complexities, including:
- Assessing the risk of a foreign-based business establishing a taxable presence in South Africa
- Aligning corporate, transactional and financing strategies with favourable tax outcomes
- Ensuring compliance with statutory requirements and company law obligations
- Evaluating the implications of repatriating or redeploying funds to and from South Africa.
