by Webmaster | Feb 19, 2025 | Tax Calculations for South African Employee
Set out below is the total cost to the company for a South African employee based on a gross remuneration of R20,000.00: UIF Monthly Contribution: 1% employee deduction & 1% employer contribution, limited to a gross remuneration of R17,712.00.On a gross...
by Webmaster | Feb 19, 2025 | Types of Business Structures
Business Structures in South Africa 1. Private Company (Pty) Ltd Key Features: Separate legal entity from its owners. Limited liability for shareholders. No minimum capital requirement. Maximum of 50 shareholders. Advantages: Most popular structure for small to...
by Webmaster | Feb 19, 2025 | Types of Business Structures
Overview: Foreign investors often face the decision of whether to set up operations in South Africa as a branch or a subsidiary. Each option has distinct legal, tax, and administrative implications. Key Differences: FeatureBranchSubsidiaryLegal Entity StatusNot a...
by Webmaster | Feb 19, 2025 | EOR
An EOR is a third-party organisation that acts as the legal employer of your staff in South Africa. The EOR handles all compliance, payroll, tax, and HR responsibilities, allowing you to focus on your business operations. Key Responsibilities of an EOR: Drafting...
by Webmaster | Feb 19, 2025 | Remote Worker Based in SA
Introduction The rise of remote work and technological advancements has opened up global job markets, enabling foreign companies to hire South African (SA) talent to fill skill shortages. While hiring contractors may seem like a flexible and cost-effective approach,...