Seminars on exchange control
At a seminar held in Stellenbosch in May, Michael Heath of XConsult shared his in-depth knowledge regarding exchange control applications and working with banks. A follow-up seminar is being planned.
The seminar was held by Exceed in association with XConsult and was attended by Exceed clients, attorneys and auditors. Michael offered invaluable advice and warned against the use of so-called loop structures, e.g. by making use of a non-resident trust structure.
The next seminar will focus on international tax issues when dealing with exchange control matters.
For further information, please contact Sonja Frank at Exceed Stellenbosch, tel. 021 882 8140.