South Africa still has Exchange Controls in place and this results in an increased degree of management, time and steps that can add to the cost and frustration of completing a transaction.
These issues are more prevalent for individuals than for international trading entities.
Under the section on Transfers under SA Excon further information is given on the services Valufin provides to support the streamlined offshore transfer of funds.
South Africa has established a number of incentives schemes to promote small business and reduce employment.
To support businesses in accessing these funds, Valufin’s subsidiary, Valufin Solutions provides grant support services to small and new businesses to determine if they are eligible and then once determined, process the application, the subsequent claims and monitor the receipt of funds from the DTI.
Further information exists under the South Africa tab on DTI Grants which details our services and support to small businesses.
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