Services
AIT & Compliance
Seamless International Transfers & SARS Compliance
Moving Funds from South Africa? Understand the Rules.
Transferring funds internationally involves strict SARS regulations that differ for residents and non-residents. Navigating this process correctly is crucial to avoid delays and penalties.
For South African Residents: South African residents can transfer up to R1 million abroad annually using their Single Discretionary Allowance (SDA) without requiring a tax clearance certificate. For transfers exceeding this allowance, a formal tax clearance process is necessary.
For Non-Residents: Once you have ceased to be a tax resident of South Africa, the annual discretionary allowance no longer applies. Every international transfer, regardless of the amount, requires a specific Approval for International Transfer (AIT) from SARS. This approval is essential to move your funds.
How We Streamline Your Financial Move
We manage the entire process to ensure your funds are transferred efficiently and your tax affairs remain in perfect order.
Service 1: Full AIT Application Management We handle your entire AIT application from start to finish. This includes compiling all necessary supporting documents, submitting the application correctly, and liaising directly with SARS on your behalf to secure your AIT pin swiftly.
Service 2: Long-Term Compliance Strategy We believe compliance is an ongoing strategy, not a one-time event. We provide clear, proactive advice to ensure you remain in good standing with SARS for the long term, protecting you from future complications.
Service 3: Ongoing Tax Number Management We can manage your South African tax profile after you leave. This includes submitting annual nil returns or declaring any South African-sourced income to keep your tax number active, compliant, and ready for any future financial activities.
Why You Should Never Deactivate Your Tax Number
A common misconception is that you should deregister or deactivate your SARS tax number after emigrating. We strongly advise against this (There are exceptions!).
By keeping your tax number active as a non-resident, you maintain a clean and continuous record with SARS. This is crucial for simplifying future financial events, such as receiving an inheritance, selling a property, or managing other assets within South Africa. An active, compliant profile prevents the significant delays, administrative hurdles, and potential penalties that can arise from having to reactivate a tax profile years later.
Our Proven 3-Step Process
Document Collection & Review: We provide you with a clear, comprehensive checklist of all documents required by SARS and review them to ensure your application is perfect.
Application Submission & Follow-Up: We meticulously prepare and submit your AIT application to SARS and manage all correspondence and follow-ups.
Approval & Ongoing Support: Once your AIT pin is issued, we advise you on the next steps and can transition to managing your annual compliance needs seamlessly.
