SETTING UP A BUSINESS IN SOUTH AFRICA?

A South African Business Visa affords a foreign national the right to reside and establish or invest in a new or existing business in South Africa. This provides entrepreneurs and investors the opportunity to stay in South Africa while operating their own business.

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Enter and re-enter South Africa freely

Progress to Permanent Residency

Family members may accompany you

HOW DOES ONE QUALIFY?

Inter-alia with the visa application, one must be able provide a certificate issued by a chartered accountant registered with the South African Institute of Chartered Accountants or professional accountant registered with the South African Institute of Professional Accountants to the effect that –

Proof that an amount of at least ZAR 5 million in cash can be invested in the Republic as determined by the Minister. The capital requirements may be reduced or waived in respect of the following types of industries/businesses:
- Information and Communication Technology
- Clothing and textile manufacturing
- Chemicals and bio-technology
- Agro-processing
- Metals and minerals refinement
- Automotive manufacturing
- Tourism
- Crafts
Click here for full list
Undertakings of:
- At least 60% of the total staff complement to be employed in the operation of the business shall be South African citizens for permanent residents:
  - The Business Visa is designed to encourage the creation of jobs and as such the business visa holder must undertake to employ a minimum of 60% if its workforce from South African labour market, i.e. South African citizens or permanent residents.
- To register with the South African Revenue Service, Unemployment Insurance Fund, Compensation Fund for Occupational Injuries and Diseases, Companies and Intellectual Properties Commission (where legally required) and Relevant professional body, board or council recognized by SAQA in terms of section 13(1)(i) of the National Qualifications Framework Act
- Obtain a Certification in support of the Business Visa application from the Department of Trade and Industry

One of the essential requirements to secure a Business visa is a comprehensive business plan and a business profile. Please click here for more information hereon.

The Certification from the Department of Trade and Industry (DTI) takes on average 1 – 3 months to obtain. Once this certificate has been secured, you will be in a position to file your Business Visa application which in turn takes 4 weeks to be processed by the Department of Home Affairs / relevant South African Embassy.

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Full Name*
Email Address*
What type of business sector would you wish to invest -or have already invested in?
If you chose "Other", please specify:
Are you able to provide a foreign investment of at least R5 million?
Where did you hear about us?
Any other information you would wish to add?
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Disclaimer

Work Permits SA subscribe to Google’s rules on transparency. We are a privately-owned immigration practice and as such comply with the Immigration Act of South Africa. We are not the South African Government. We charge for our expertise in successfully applying for temporary and permanent residency services. Forms that are supplied during the process can be collected free of charge at any Department of Home Affairs office but are provided as part of the service. Users who wish to do so can contact the Department of Home Affairs directly at www.home-affairs.gov.za.

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SETTING UP A BUSINESS IN SOUTH AFRICA?

HOW DOES ONE QUALIFY?

CONTACT US

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SETTING UP A BUSINESS IN SOUTH AFRICA?

HOW DOES ONE QUALIFY?

CONTACT US

Find Us

Useful links

Latest News

Disclaimer

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