IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Feb 2013 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 27 February 2013, the South African Reserve Bank issued Exchange Control Circular No. 5/2013, which allows companies listed at the Johannesburg Securities Exchange to establish one subsidiary for the purpose of holding African and offshore operations (HoldCo). This HoldCo will not be subject to any foreign exchange restrictions.

AFFECTED COUNTRIES

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