Application for R10m Foreign Capital Allowance - Including Tax Clearance Certificate

What is the Foreign Capital Allowance?

Exchange control regulations allow individuals to transfer R10 Million out of South Africa each year as part of their Foreign Capital Allowance, subject to obtaining a SARS Tax Clearance Certificate. Foreign Capital Allowance funds can be invested in offshore investment portfolios, property, bank accounts, or any other investments.

Creative CFO can help with this process and will:

  • Gather all information and documentation required
  • Submit the completed application to SARS and SARB/your bank

    When you check out you may select a quantity of 1 and we will get in touch with a confirmation of what information we will need from you to get started.

    Import notes:

    1. You need to have an e-filing profile with a registered representative (full up and running profile). If you do not, please add this e-filing product to the basket as well.
    2. Note that we can experience a wide variety of issues with e-filing. Some of these we can resolve with additional documentation from yourself, and others, in the worst case, where you may need to call or visit SARS to overcome an issue