post April 13, 2017

SOUTH AFRICA: Budget 2017 – Exchange Control Relaxations for Intellectual Property Transactions

Before the speech of the 2017 South African Budget, South African residents were prevented from selling, transferring or even assigning an IP to a non-resident without prior approval being obtained from the SA Treasure Bank, and obtaining such approval to export IP was not an easy task. South Africa first…

post February 15, 2016

South African Exchange Controls: A Planning Perspective

South African exchange controls were introduced into South Africa in 1978, and despite having been relaxed over the years, remain as firmly entrenched as ever.  Certainly when I started work as an articled clerk in 1986, my principal at the time informed me that they would be abolished shortly.  30…