SA HIGH COMMISSION UK | The quota work permit is issued to a foreigner who falls within a specific professional category determined by the Minister.
Applications must be submitted closer to departure within 3 or 4 weeks.
Certification by a chartered accountant that at lest R2.5 million or a capital contribution of at least R2.5 million or a combination of cash and a capital contribution amounting to R2.5 million is available.
Business plan outlining the feasibility of the business.
Proof or undertaking that at least 5 citizens or permanent residents will be permanently employed.
Written partnership agreements containing full details of the partners/directors and their residential status in the Republic (Where the application is in respect of an investment in an existing business).
Documentation proving the investment by means of shareholder’s or partnership agreements, if an existing business.
Undertaking to register with the appropriate statutory body, required by the nature of the business.
Financial statements proving viability of the business, if it is an existing business.
An undertaking to register with South African Revenue Services.