The Netherlands is a key European market for the South African private sector and the two countries have a strong economic relationship. South Africa is the Netherlands' main African trading partner; the Netherlands is the second-largest investor and the seventh-largest trading partner for South Africa worldwide.
Mazars offers cross-border business support for companies that conduct business between the Netherlands and South Africa.
On a G2G level, South Africa and the Netherlands have built a solid partnership that transcends many fields including economic, trade, science and technology, education and culture. Such active collaboration between governments has resulted in public-private initiatives between Dutch and South African organisations that support increased bilateral trade and investment and increased business between the two countries.
Given our strong network in the Dutch business community in South Africa, Mazars is well-positioned to assist our Dutch and South African clients in pursuit of their international ambitions. As such, Mazars has a long history of working with businesses to support their growth and development in foreign markets. In South Africa, we assist a significant number of Dutch-based clients, as well as South African clients doing business in the Netherlands. Besides this, we advise businesses in their pursuit to do business on the rest of the African continent.
How we can help you
Our European identity enables our Dutch Desk professionals to provide specific knowledge of both Dutch and South African accounting, tax and regulatory requirements, as well as to provide business advisory services to our Dutch and Dutch-speaking clients in South Africa.
Professionals of the Dutch desk work closely with our colleagues of the Mazars office in the Netherlands to cater for the diverse needs of clients and to advise Dutch companies in their investments and operations in South Africa. Our Dutch desk is also the gateway for our South African clients to our wide expertise and teams based in Europe. The cross-border experience of our team enables us to understand and develop solutions to meet the rapid needs of those operating in different jurisdictions and locations.
Audit and Assurance
Mazars South Africa’s audit & insurance department provides financial auditing services to ensure independence and objectivity to its shareholders, as well as internal audit, IT audit and risk management.
Accounting and Support to organizations
At Mazars South Africa, we are not only accountants, but we also provide you with support on your accounting and financial plans in order to optimise your performance.
At Mazars, we help you manage your human resources with experienced and dedicated teams.
We measure the importance of the human factor in the success of your organization and the complexity of good decisions in a highly changing environment.
International and local taxation
With in-depth knowledge and extensive experience in international and local tax practices, we bring value to our customers by implementing effective strategies and practices to ensure compliance with the regulatory framework through permanent tax surveillance.
Assistance to start up
With extensive knowledge and experience of local legal structures and business creation, our team of professionals provides our customers with the guarantee of optimization and implementation of their strategy to enter the South African market, with the assurance of full compliance with local legal requirements.
For each acquisition or equity participation in a company, it is extremely important for the buyer to have a good understanding of the financial aspects of his target. At Mazars, we help you in this process of investment to acquire a proper understanding of the situation at the right time.
Transfer pricing in South Africa
The transfer price, the price at which goods and services are sold between related enterprises, is known as the most important tax issue for multinational companies. At Mazars, we offer you our expertise to bring you our advice on transfer pricing.
Broad-Based Black Economic Empowerment (B-BBEE)
B-BEE is a government initiative to promote economic transformation in order to enable meaningful participation in the economy by black people. Broad-Based Black Economic Empowerment is imperative when conducting business in South Africa. A company’s B-BBEE strategy is rooted in its vision to redress the exclusion of previously disadvantaged people from gaining access to South Africa's wealth, income equality, skills development and equal opportunities in general while growing the economy.
The broad-based BEE Status of an entity is measured across the five elements of ownership, management control, skills development, supplier and enterprise development, and socio-economic development. Mazars has a dedicated B-BBEE team who are standby to assess the status of your company and help you to develop a B-BBEE strategy that suits your business.
Good Governance and Consulting
Governance as a business advisory process provides an exemplary structure for an organisation to work with. It promotes ethical behavior, accountability, and transparency. It encourages economic and financial stability and control, social and environmental responsibility and ethical investment policies and products. Ultimately, it results in enhanced shareholder value.