Branches, affiliates or subsidiaries of multinational companies in South Africa are subject to the same registrations as South African companies.
The four most notable company registrations are:
- Value Added Tax (VAT)
- Pay-As-You-Earn Tax (PAYE)
- UIF (Unemployed Insurance Fund)
- SDL (Skills Development Levy)
South Africans are familiar with these, but foreign nationals setting up companies in South Africa might now know what each of these taxes refer to or cover.
The best time to familiarise yourself with these would be in the planning stages of setting up the branch, subsidiary or affiliate of your company.
Read more Company Registrations in South Africa