International Corporate - Financial Compliance in SA

Navigating Compliance for International Companies in South Africa: Intercompany Loans, Group Interest, and IFRS Reporting

The French South African Chamber of Commerce and Industry in partnership with Wiltons is delighted to host a webinar speaking on the topic of Compliance for International Companies in South Africa: Intercompany Loans, Group Interest, and IFRS Reporting with the objective to explore the critical role of financing in business operations, with a focus on the unique compliance and accounting considerations for debt in South Africa, particularly in relation to cross-border financing.

The key topics that would be discussed are as follows:

• Providing companies with insights into the tax environment for foreign companies operating in South Africa.
• Offering practical guidance on managing intercompany loans, interest, and group reporting under IFRS.
• Highlighting the key differences between tax and IFRS concerns when dealing with debt in South Africa.
• A brief overview of the legislation relevant to debt, such as: The National Credit Act Exchange Control Regulations.

The esteemed speakers for this event include:

• Carmen Westermeyer CA(SA): Who is the chairperson of the SAICA Eastern Region Tax Committee, a member of the SAICA National Tax Operations Committee and is an Accounting Member of the Tax Court.
• Caryn Maitland CA(SA): Who is serving on various SAICA governance structures, including National Council, Eastern Region Council, and is the Vice Chair of the National Small and Medium Practitioners Interest Group amongst other committees

Details of the Event:

Date: 07th November 2024

Time: 09h00 - 11h00

Platform: Webinar - MS Teams (Link will be provided)

For any questions, contact us at business@fsacci.com.