Tax survey highlights difficulty in doing business.
Is South Africa's business and regulatory environment attractive for doing business?
Around 10% of respondents to the 2nd edition of PwC's Africa Tax Survey consider South Africa to be the most difficult place to operate in from a business and regulatory perspective. One third of respondents said South Africa is among the three most difficult African countries in which to operate, which cumulatively makes it the most difficult.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.