Guide to investing in South Africa
Current central tax

Applicable range

Rate

Company tax (non-mining)

  28%

Dividend tax

  15%

Micro businesses rate for entities with an annual turnover of </= R1m (elective provision and conditions apply)

R0 – R150 000

0%

  R150 001 – R300 000

1% of amount > R150 000

  R300 001 – R500 000

R1 500 + 2% of amount > R300 000

  R500 001 – R750 000

R5 500 + 4%

  R750 001 +

R15 500 +6%

Small business corporation rate for entities with annual turnover </= R14m

R0 – R67 111

0%

  R67 112 – R365 000

7% of amount > R67 111

  R365 001 – R550 000

R20 852 + 21%

  R550 001 +

R50 702 + 28%

Branch profit tax

  28%

Maximum individual tax rate

  40%