South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
Results 1-3 of 15
Page 3
... trade investment in South Africa ( i.e. the purchase of a non - control- ling interest in an existing South African con- cern ) ; additions by a foreign company to hold- ings of the loan ( with Exchange Control approval ) and share ...
... trade investment in South Africa ( i.e. the purchase of a non - control- ling interest in an existing South African con- cern ) ; additions by a foreign company to hold- ings of the loan ( with Exchange Control approval ) and share ...
Page 9
... Exchange Control approval is necessary . It should be pointed out , however , that whether or not the consideration exceeds R4 000 per annum , proof of the accrual must be provided by a copy of the company's resolution authorising the ...
... Exchange Control approval is necessary . It should be pointed out , however , that whether or not the consideration exceeds R4 000 per annum , proof of the accrual must be provided by a copy of the company's resolution authorising the ...
Page 14
... Exchange Control approval . Likewise , approval for the offshore loan would be sought and granted . Forward exchange cover may be taken to cover this commitment , thus pegging the foreign currency liability for the local subsidiary ...
... Exchange Control approval . Likewise , approval for the offshore loan would be sought and granted . Forward exchange cover may be taken to cover this commitment , thus pegging the foreign currency liability for the local subsidiary ...
Common terms and phrases
25 per cent abroad African Reserve Bank amount application arrival in South authorised dealer BARCLAYS NATIONAL BANK blocked assets borrowings Botswana cash funds date of arrival Department of Trade dividends emigrant's emigration from South Exchange Control approval Exchange Control authorities Exchange Control purposes Exchange Control Regulations exemption export facilities finance foreign assets foreign investor foreign national temporarily HOOVER INSTITUTION I/We understand income International Investors Pty International Limited investment issued share capital JIM JONES Johannesburg Stock Exchange leasing liability licensed product loan funds long-term liability manufacturing ment my/our arrival national temporarily resident normal banking channels OVERDRAFT parent company percentage period permitted PRETORIA prior Exchange Control Republic resident in South respect settling-in allowance share capital shareholders South Africa South African companies South African Reserve South African resident South West Africa submitted subsidiary trade credit transferred to South United Kingdom voting securities