If you are a entrepreneur searching to setup a business overseas, South Africa is definitely an optimal jurisdiction for a lot of companies. The mixture of the globalized economy having a low corporate tax advantage turns it into a prime spot to incorporate an offshore company.
Corporate Tax Rate
Any South Africa company performing business in the jurisdiction is likely to pay for corporate tax. Profits acquired in South Africa are taxed in a low rate of 16.5%, and unincorporated pty registration are taxed at 15%. Profits which are acquired overseas, also called ‘offshore profits’, take advantage of a zero … Read the rest