Form of government:Presidential Republic
Area:100 210 км2
Currency:South Korean Wona (KRW)
The most developed country of the African continent is the Republic of South Africa, it is a member of the G20. This multinational state is located in the southern part of the continent and is washed by two oceans: the Atlantic Ocean and Indian Ocean.
South Africa occupies the 24th place in the world - 1 219 912 km². The population is more than 52 million people. The official language is English, but they speak absolutely different languages in South Africa - Afrikaans, Venda, Zulu. Monetary unit: South African rand. The economy of South Africa is successfully developing due to its rich natural and resource potential, modern industry and achievements of the financial sector.
The country is attractive for foreign investors, since it is possible to register an offshore company here and successfully manage assets.
The main advantage is the ability to conduct a legitimate business with minimal tax costs. South Africa joined the list of countries that have signed an agreement on the automatic exchange of tax information. Thus, entrepreneurs manage to avoid double taxation at once with 78 states, among which EU countries, Australia, the USA and Canada.
The procedure for opening a company takes only 14 days from the date of submission of documents, and management can be carried out privately, using the services of a nominal director. The owner himself determines the type of ownership of the enterprise, as well as establishes the minimum amount of the authorized capital.