Business Permit Requirements In South Africa

For entrepreneurs seeking to establish and run a business in South Africa, below we provide you South African business permit information pertaining to the criteria and application process. If you would prefer to speak to one of our team regarding your individual circumstances you can call us , or request a call back, or email us.

Before applying for a business permit in south an applicant must meet the following requirements

Qualifying for a business permit

Applicants will require:

From the existing business prospective

  • An investment amount of 5 million rand has been made, which must be made from funds introduced from abroad; submitted certified proof of investment in the business in respect of the preceding
    financial year;
  • To present a comprehensive business plan detailing all relevant aspects of the business in addition to a focus on the Department of Home Affairs criteria;
  • Proof that at least 60% citizens or permanent residents are permanently employed invarious positions directly in the operations of the business;
  • Proof of registration with the relevant professional body, council or board recognisedby SAQA in terms of section 13(1)(i) of the National Qualifications Framework Act,where applicable;
  • Proof of registration with the South African Revenue Service;
  • Proof of registration with the relevant professional body, council or board recognisedby SAQA in terms of section 13(1)(i) of the National Qualifications Framework Act,where applicable.
  • A foreigner who invests or has invested in an existing business as a partner shall submit-certified proof of investment in the business and the partnership agreement.
  • Satisfactory medical reports;
  • Satisfactory police clearance certificates;
  • A completed temporary residency application form;
  • Undertakings in respect of South Africa Revenue Service obligations;
  • An appropriate company structure.

From a personal prospective

  • An application for a permanent residence permit;
  • The applicable application fee;
  • A copy of a birth certificate in respect of the applicant;
  • Biometrics in respect of any applicant over the age of 16 years;
  • A yellow fever vaccination certificate if that person travelled or intends travelling fromor transits through a yellow fever endemic area;
  • A police clearance certificate and medical and radiological reports;
  • The documents relating to the applicant’s marital status or spousal relationship
  • An unabridged birth certificate in respect of each dependent child;

Can a foreigner own a business in South Africa?

Any foreigner may own a business with no restriction. However should they intend to work within the business or come to live in South Africa a visa would be required.