The PLC format requiring the presence of at least two participants, as well as PC format – where the staff can be of one founder for companies registered in the territory of South Africa are offered. As for the authorized capital, the minimum rate is 100,000 South African rand. A 1/4 of this amount is required at registration. Company is available to carry out the issue of registered shares, the transfer of which is possible subject to the consent of all shareholders.
Benefits of Company Registration in South Africa
South Africa offshore holds fairly confident position among the entire list of countries where there are favorable conditions for doing business on the part of non-residents. The legislation is more than loyal and opens extensive opportunities to be used without excessive efforts to increase the profitability of its enterprise. Such companies offer their owners many advantages, and among them:
1. Transparent taxation
Within the territory of South Africa all non-residents, who conduct their activities outside the State, are completely exempt from any tax deductions. The agreement on double taxation with a number of countries, among which is Russia.
2. Highly developed and stable infrastructure
South Africa is the most developed state on the whole continent, which has a vast financial potential, is supplemented by all the required conditions for maximum smooth promotion profitable business. An excellent level of development is also inherent to the market of legal services and banking.
3. Engagement of nominal service
In this country, the services of nominee representatives are allowed at the legislative level, so that finances and time can be considerably saved. Founders are not obliged to permanently stay in South Africa, arrange the office and so on. Office leasing and execution of all formalities can be carried out by forces of corporate residents acting on behalf of businessmen.
All those who apply to Private Financial Services are guaranteed to acquire not only the highest level of service, but also qualified support of professionals. To activate the procedure of registration of a new firm it is enough to pay a deposit, which amount does not exceed 50% of the total transaction value. You can purchase an offshore in South Africa at 24 hours only by choosing one of ready-made solutions offered by our consultants.