The Department of Trade and Industry has developed over 90 grants and incentives to support foreign companies considering investing. South Africa offers:

• double taxation avoidance agreements mean that investors do not pay tax twice on
• the same income
• Customs and Excise duty refunds and drawbacks
• Export Marketing and Investment Assistance Scheme
• zero rating for value added tax (VAT) on exports of goods and services
• capital allowance write-off over 5 years at 20% per annum
• wear and tear allowance
• depreciation allowance on buildings used for manufacture

Funding to make the most of business opportunities in South Africa is available through:

• Critical Infrastructure Fund
• Black Business Supplier Programme
• Foreign Investment Grant
• Skills Support Programme
• Strategic industrial projects

Thinking of investing? South Africa offers additional benefits at Coega:

• lower US import tariffs through the American Growth and Opportunity Act (AGOA),
• which favours African countries
• preferential access to European markets
• one-stop investment service from Coega Development Corporation (CDC)

To take advantage of tax incentives for new investors at Coega, please contact Coega on:

South Africa – Tel: 08610 COEGA / 0861026342

International – Tel: +27 41 408 4800 / +27 41 403 0400

Fax: +27 41 408 4998 / +27 41 403 0401