South Africa is a member of the oldest customs union, the Southern African Customs Union (SACU), and a member of the World Customs Organization (WCO).
As a result, South Africa shares a common customs tariff with Botswana, Lesotho, Namibia and eSwatini and follows the WCO Harmonized Systems. On 01 January 2021, the country joined 54 other countries on the continent of Africa to establish the world’s largest free trade area, the African Continental Free Trade Area Agreement (AfCFTA). South Africa’s customs and excise laws are integral to the movement of goods and the levying of customs and excise duties in SACU.
Importers, exporters and manufacturing of certain goods in South Africa are required to register and pay customs and/or excise duties on goods imported, exported and/or locally manufactured (as may be applicable).
SNG Grant Thornton is well-positioned to assist traders to regularize their customs and excise tax obligations in South Africa, SACU and on the continent, at large.