The following Commercial guidance note Produced in partnership with Graeme Palmer of Garlicke & Bousfield Incorporated provides comprehensive and up to date legal information covering:
Updated in March 2019
The business environment
Forming a company
Financing a company
Opening a branch office
Opening a bank account
Utilising office space
Key employment laws
Contracting with third parties
Protecting key assets and employees
As one of the largest economies on the continent, South Africa is a suitable base for generating investment and trade with the rest of Africa, particularly in the sub-Saharan region. South Africa has a well-developed infrastructure and established trade links with the rest of Africa.
There are a variety of ways of structuring a business operation in South Africa. The aim of this guide is to highlight some of the key areas that a new business should consider before it begins to operate in South Africa. This guide should not be considered to be an all-inclusive guide and specific South African legal advice should always be sought before setting up and running a business in South Africa.
South Africa consists of three levels of government, namely: national, provincial and local government. The National Assembly is the supreme law-making body and the laws made by it are applicable throughout the country. There are nine provinces, each with its own legislature, premier and executive council. While there are areas of exclusive legislative competence for the National Assembly, the various provincial legislatures can develop their own laws and policies within the national
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