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2018 Webinar : Exchange control
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2018/11/08
When: 8 November 2018
From 9:00am until 11:00am
Where: Online Webinar
South Africa
Contact: Thabelo Raivhogo
0129410416


Online registration is closed.
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Overview

Despite the many efforts at relaxing the rules over the years, exchange control remains a common concern for many South Africans and is a core issue that many tax practitioners are indirectly asked to advise upon. This webinar focuses on the latest guidelines and developments in terms of individuals and families seeking to shift funds abroad.


Course Content

What you need to know about the current foreign investment allowances:

Private Individuals:

  • Single Discretionary Allowance ("SDA")
  • Foreign Capital Allowance ("FCA")
  • Externalisation of additional capital
  • Investment through Institutional Investors

Corporates:

  • Foreign Direct Investment Outwards

The Common Monetary Area ("CMA"):

  • Member Countries

Offshore Trust Structures:

  • Definition of Beneficiary

Presenter

Hogan Lovells (South Africa) Inc

Charles van Staden
Exchange Control Consultant

Charles van Staden handles all aspects of exchange control. He is a life member of the Institute of Bankers in South Africa and an audit committee member of the University of Johannesburg. Prior to joining the firm, Charles was employed at the Exchange Control Department of the South African Reserve Bank for 27 years.

Foreign exchange transactions are still subject to comprehensive exchange control regulations and requirements. Charles guides and assists clients to comply with these regulations. This includes assisting clients in regularising their exchange control affairs, submitting applications to the Financial Surveillance Department on behalf of high net worth clients and/or obtaining exchange control permission for companies to invest in other jurisdictions. He also acts as an exchange control expert witness in court.

Charles has substantial experience in handling exchange control matters in the context of project managing large transactions, from solution to implementation.


Event Investment

This webinar is not covered by any CPD subscription package

Member: R375

Non-member: R455

Company Price: R860


Payments & Cancellations

  • All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.
  • Kindly note that should payment not been received 2 days after the event, legal action will be taken
  • Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.
  • Only written notice of cancellation will be recognised.
  • Conditions:
    • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.
    • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.
  • Delegates who book and fail to attend will be liable for the full event fee.
  • SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
  • Please click here for the full terms and conditions.

 

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