SANEC Knowledge Tour 2014: South Africa BBBEE Guide & Improving Financial Performances
SANEC Knowledge Tour 2014: South Africa BBBEE Guide & Improving Financial Performances
Type: Seminar
Date: 09-09-2014
Location: Rotterdam / the Netherlands
Dear SANEC associate,
We are pleased to invite you to attend this informative session organized by Deloitte and SANEC.
Broad Based Black Economic Empowerment
Incorporating BBBEE practices by companies in South Africa improve the chance of commercial success and balances the country's economic growth. South African speaker Mr Andile Tlhoaele advices many private parties how to become BBBEE compliant and public parties in South Africa how to clarify BBBEE.
Finance
South Africa maintains exchange control regulations that restrict the free flow of capital in and out of the country. In practice, we experience that the exchange control regulation seem to be “under the radar”. These regulations restrict the free flow of capital in and out of the country and require formalities to be met.
From a customs perspective, there are many facilities that are worth exploring, such as the Free Trade Agreement with Europe, allowing reduced or even nil customs duties upon importation.
Transfer pricing applies to intercompany transactions between related companies, located in different jurisdictions. Since transfer prices have major impact, tax authorities in both the Netherlands and South Africa require correct documentation of intercompany transactions.
The session will provide you with first-hand knowledge and experience from partners at Deloitte, learn the do’s and don’ts of African regulations and pose all questions that come to mind.
Presentations from Deloitte by Mr Frank Bracht, Ms Stefanie de Pater and Mr Remy Geerts.
East London Industrial Zone (ELIDZ)
The Industrial Development Zone (IDZ) is a South African Government Programme aiming to attract Foreign Direct Investment in the designated locations. The East London IDZ is one of the zones located in the Eastern Cape Province of South Africa. Mr Tembela Zweni, Executive Manager: Zone Development, and Mr Mzokhona Mvemve, Senior Manager: Agro-processing, will be representing ELIDZ.
Details
Date: Tuesday 9th of September 2014
Time: 14H30 - 19H00
Venue: De Maastoren, Rotterdam (Parking information)
Programme
- 14H30-15H00 Registration and Coffee
- 15H00-16H30 Understanding the implications of the Amended BBBEE Codes by South African guest speaker Mr. Andile Tlhoaele
- 16H30-16H45 Coffee break
- 16H45-18H00 Doing Business in South Africa seminar about exchange control, customs, transfer pricing (by Deloitte) and South African incentives (by ELIDZ)
- 18H00-19H00 Networking Cocktail
Registration
Please register via: [email protected] +31 (0)70 347 07 81 latest by Thursday September 4th 2014!
Fee
SANEC Members: Free
Non-Members: €125