Can we transfer money to the UK without setting up a company in SA?
(we have no other reason to register a company in SA) 2. If so, how? 3. How easy is it to transfer money from SA to Botswana to the UK? 4. Would you advice us to set up an offshore account? Thank you very much for your time and I look forward to hearing your thoughts. Kind Regards Shona Baird Answer – This is a large question. I’ve given it some thought. In order to help me answer your concern, I’ll need to ask a few questions of my own. How are you paying your manager currently? How do you currently pay expenses in SA? How do you pay vehicle fees in Botswana? What business are you in? Having asked those questions, I’ll venture a first impression… It sounds to me like your SA manager is pulling a fast one on you. The easiest way to deal with moving the money from SA to UK if you’re using the manager’s registered company, is to invoice his company for services and licensing, then he pays the invoices. There are complex laws but NOT that complex as to stop you from running the business
