SARS Tax Clearance
Financial emigration from South African starts with a tax clearance certificate from the South African Revenue Service (SARS). Here’s what you need to know to obtain a tax clearance certificate in South Africa.
FinGlobal is here to help you get the SARS tax clearance you need
Part of the FinGlobal service is helping you get the necessary tax clearance certificates to either facilitate foreign investment allowances or financial emigration before you leave South Africa. Tax clearances can be obtained from SARS if your individual tax record is up to date, as well as that of any other entities of which you might be a director or trustee.
There are 3 (three) types of SARS tax clearances you can apply for.
Tax clearance for good standing
What is it used for?
To apply for government tenders and get tax compliance confirmation
How long does it take to get?
5 working days
Tax clearance for foreign investment allowance purposes
What is it used for?
To apply for the annual foreign investment allowances, available to South African residents and those living abroad without financial emigration
How long does it take to get?
Up to 21 working days
Tax clearance for emigration purposes
What is it used for?
It is available to South African residents and those living abroad without financial emigration to provide proof of tax compliance when processing financial emigration
How long does it take to get?
Up to 21 working days
We’re always ready and willing to assist with the following South African tax services:
- Re-activating and updating tax records
- Registration and de-registration with the South African Revenue Service
- Application and processing of tax refunds
- Claim disallowed retirement contributions
- Submitting your tax returns
- Obtaining tax directives
- Dispute resolution
- Capital gains tax calculations
- General tax enquiries
FinGlobal Credentials
We deal with all South African banks, insurance and investment companies, pension funds and other related financial institutions.
The South African Expat’s Stress-Free Guide to Getting a Tax Clearance Certificate
If you’re a South African living abroad, your tax responsibilities back home don’t have to be overwhelming, but they will start to feel that way if you ignore the matter for too long. As a South African, your tax obligations don’t cease to exist simply because you’ve...
Financial emigration: What it involves
Many South African expats leave South Africa with their minds firmly focussed on their overseas opportunities – whether they are leaving to explore the world or are starting a new job abroad. It is only once they are settled in their new country and have spent a few...
Living or ready to live the life abroad? Be sure your financial bags are packed too
Successfully closing off your financial affairs in South Africa can be a daunting task but you don’t have to do it alone. Are you in the process of relocating indefinitely or currently working and living abroad for a prolonged period? Then you should consider...