South Africa - Apply for Business Incentives

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Procedure

Apply In Person

1. To Apply for Business Incentives, the applicant has to approach the Department of Trade, Industry, and Competition (DTIC) link
2. An application form will be provided to the applicant by the concerned officer.
3. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
4. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
5. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
6. Submit all the documents with the completed form to the concerned officer.
7. The applicant has to pay the prescribed fee as requested by the authority.
8. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
9. Then the application will be processed further.
10. Once the process gets completed, the applicant gets a call from the office regarding the application.
11. For further process, the applicant has to follow the instruction given by the officer.
12. This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

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Required Documents

• A completed application form
• ID proof (Passport/Certificate of Citizenship etc.)
• Proof of financial
• Business plan
• Certificate of corporation
• TIN certificate
• Passport size photographs
• Any other documents (if required)

Office Locations & Contacts

Department of Trade, Industry, and Competition (DTIC)
Physical Address:
77 Meintjies Street, Sunnyside, Pretoria, Gauteng, 0002.
the dtic Campus on Google Maps.
Postal Address
Private Bag X84, Pretoria, Gauteng, 0001
Courier
12 Robert Sobukwe, Sunnyside, Pretoria, Gauteng, 0002
Tel: 021 480 8050
Fax: 021 422 5104
​​​​​​​​​​​Contact link

Eligibility

• Any person who intends to Apply for Business Incentives is eligible to make this application.

Fees

• The applicant has to pay the prescribed fee as requested by the authority.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name
• Nationality
• Date of Birth
• Gender
• Age
• Residential Address
• Mobile No
• Email Address
• Educational Qualifications
• Passport number
• Fax
• Business details
• Income details
• Declaration
• Date
• Signature

Need for the Document

• Business incentives in South Africa refer to a range of financial and non-financial support programs that are designed to encourage investment and economic growth in the country. These incentives are offered by various government departments and agencies, as well as private sector organizations.

Information which might help

Some of the most common business incentives in South Africa include:

• Tax incentives: These are incentives that reduce the amount of tax payable by a business. Examples of tax incentives include tax credits, tax holidays, and tax deductions.
• Grants and funding: These are financial incentives that provide funding for business development and expansion. Examples of grants and funding include loans, equity investments, and cash incentives.
• Export incentives: These are incentives designed to encourage businesses to export their products and services. Examples of export incentives include export credit insurance, export financing, and export marketing assistance.
• Training and development incentives: These are non-financial incentives that support the training and development of employees. Examples of training and development incentives include skills development programs, apprenticeships, and bursaries.
• Infrastructure incentives: These are incentives designed to support the development of infrastructure and facilities that are necessary for business operations. Examples of infrastructure incentives include land grants, tax breaks for infrastructure development, and subsidies for energy and water usage.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.