South Africa; exchange controls
Latest in South Africa; exchange controls
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…
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…