Investment framework and opportunities in South Africa

Procedures Relative to Foreign Investment

Obligation to Declare: No government approval is required for foreign investors to establish a new business or invest in South Africa apart from the approval required under the Exchange Control Regulations.

The investor will be required to appoint a consultant, auditor, and/or legal advisor to register a company on his/her behalf. The company should be registered within 21 days and must also register with the tax office.
InvestSA, the agency responsible for the promotion of foreign investment in the country, provides advice on where to locate and facilitates regulatory steps such as licensing, company registration and work permits, as well as providing details of financial institutions and funding opportunities.
Requests For Specific Authorisations: South Africa maintains a relatively open investment regime for FDI. Restrictions on foreign investment are not codified in any specific piece of legislation. However, foreign ownership is limited in the following sectors: agriculture, fisheries and marine, broadcasting and print media, defense force, energy and mineral resources and telecommunications and transport.

Investment Aid Agency: The New Partnership for Africa's Development
Tenders, Projects and Public Procurement: South African Government Information, Tenders
SA-Tenders, Tenders in South Africa
Tenders Info, Tenders in South Africa
DgMarket, Tenders Worldwide
Other Useful Resources: South Africa Economic Outlook (African Development Bank Group)

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