How to Form a Company in South Africa as a Non-Resident (2026)

South African private company (Pty Ltd) can be formed 100% by non-residents at CIPC (Companies and Intellectual Property Commission) online. Minimum one director (no residency requirement). Share capital: R1. Registration fee: R125. Banking: FNB, Standard Bank, Investec (best for international). Corporate tax: 27%. SARS (South African Revenue Service) registration required within 60 days of incorporation. Key challenge: exchange controls on capital movements (SARB approval needed for certain transactions).