How to Start a Business in South Africa

Thinking of starting a business in South Africa?This guide will give you information on the country and its economy, the most prominent sectors for investment, how to set up a startup or franchise and a detailed step by step guide on how to register your business (Ministries, requirements, documentation, prices, time frame etc) and set it up successfully. Why South Africa?-South Africa is one of the largest economies in Africa, with a GDP per capita of 7575.24 and per capita PPP of 12389.96. -South Africa is home to three of the most livable cities in the world - Port Elizabeth, Cape Town and Johannesburg. -South Africa offers ease of access to start a business with very little bureaucracy and red tape.-South Africa offers beautiful beaches, expansive forests and deserts, a great choice of climates and amazing wildlife.-The quality of life with great food, good living accommodations and a strong climate for economic growth is better than many places. In short, South Africa offers everything you would want in an economic climate, quality of life and opportunity. Few countries in the world can offer what South Africa does in terms of world-class infrastructure, gorgeous beaches, native wildlife roaming the plains, exciting cities and great weather. It is a great place to start a new business. The country has a growing middle class, abundant resources, a stock market in the top 20 of the world and the infrastructure to move goods throughout the country, the region and the world. South Africa boasts a fairly sophisticated financial framework including communications, legal, transportation and energy sectors.