South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
Results 1-3 of 12
Page 1
... non - res- idents and applies at the present time exclusively to residents of South Africa . Thus , there are no ... resident extends a loan to a South African resident , there is , how- ever , an obligation on the South African resident ...
... non - res- idents and applies at the present time exclusively to residents of South Africa . Thus , there are no ... resident extends a loan to a South African resident , there is , how- ever , an obligation on the South African resident ...
Page 2
... foreign exchange for the country . In the present system , approval would normally not be granted to South Afri- can resident companies or organisations or South African private individuals to hold any balances on investment accounts in ...
... foreign exchange for the country . In the present system , approval would normally not be granted to South Afri- can resident companies or organisations or South African private individuals to hold any balances on investment accounts in ...
Page 9
... resident are restricted to a total of R4 000 per annum , irrespective of the number of directorships such person holds in South African companies . Non - residents will be taxed , as a general rule , on all income derived by them from a ...
... resident are restricted to a total of R4 000 per annum , irrespective of the number of directorships such person holds in South African companies . Non - residents will be taxed , as a general rule , on all income derived by them from a ...
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