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Update on the rules for conference organisers in South Africa

  • VAT
  • 16 January 2013 | Admin

Update on the rules for conference organisers in South Africa

The South African VAT authorities have issued a new instruction on the VAT obligations of foreign traders organising conferences and live events.  Key points include:

  • companies must notify the South African tax authorities within 20 days of the commencement of trade, which includes employing staff
  • to register for VAT, companies must provide basic company information (Memorandum and Articles of Association), details and copy passports for Directors, and proof of the plan to trade
  • foreign companies must appoint a local VAT agent
  • single events do generally not constitute an on-going trade, and therefore VAT registration and compliance is not required
  • organisers must open a local bank account for the processing of in-country payments and currency, and this is a pre-condition to receiving a South African VAT number

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Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, excise, communications, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in the U.K., Belgium, Brazil, and India.