Get Compliant from Anywhere, Easy and Fast!
Get Compliant from Anywhere, Easy and Fast!

Trade Agreement South Africa

Expand under the AGOA, engage with key markets via a SADC Trade Agreement and explore broader opportunities in South Africa. 

Secure your Trade Agreements fast with SARS. Starting from just R790.

Register Now OR Get Free Consultation

Trade agreements are partnerships or agreements between two or more nations that benefit their respective trade sectors. The imposition of duties and levies on imports by countries is determined by the partnerships. South African traders who export goods that have been certified and possess these registrations are exempt from paying import duties in partnered nations. This practice guarantees reduced import expenses for the purchaser and enhances the exporter’s competitiveness as a vendor in the global marketplace.

 

Do you need a Trade Agreement for International trade?

Get quick, compliant, and cost-effective Trade Agreement Services, helping your business thrive in international markets.

SADC Trade Agreement

R790 Once-Off

What SADC does for your
Import/Export business:

Reduce import costs: SADC eliminates or lowers tariffs on most items exchanged between members. This reduces import costs, increasing company margins and product competitiveness.

Expand your market reach: SADC registration opens up a large 15-country market. Grow your consumer base, diversify your revenue, and seize growth chances.

Simplify operations: Get rid of complicated customs processes. SADC streamlines import and export procedures by harmonizing trade regulations.

What EUR.1 does for your
Import/Export business:

Reduced or No Duties: Get preferential tax rates or duty-free treatment on your goods, making your South African products more competitive and appealing to European buyers.

Increased Credibility: Creates trust with European customs authorities and purchasers, making transactions easier.


Faster Clearance: Speed up EU customs clearance, getting your items to market faster. Your export activities will run faster and more efficiently.

EUR.1 Trade Agreement

R790 Once-Off

EFTA Trade Agreement

R790 Once-Off

What EFTA does for your
Import/Export business:

Low tariffs and increased competitiveness: Lower import costs on a wide range of South African commodities exported to EFTA nations. Tariff cuts mean lower prices and higher profits for your company.

Streamlined Customs Procedures: Avoid customs delays and red tape with streamlined procedures! The EFTA agreement streamlines trade procedures, speeding goods transit through ports. Focus on business growth, not bureaucracy.

 

What UK Trade Agreement does for your
Import/Export business:

Reduced or No Duties: Get preferential tax rates or duty-free treatment on your goods, making your South African products more competitive and appealing to European buyers.

Increased Credibility: Creates trust with European customs authorities and purchasers, making transactions easier.


Faster Clearance: Speed up EU customs clearance, getting your items to market faster. Your export activities will run faster and more efficiently.

UK Trade Agreement

R1790 Once-Off

Please note: To apply for a Trade Agreement you will need an Export License. If you need an Export License, we can assist.

 

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Seasoned agoa experts is ready to help with your trade agreement south africa

50 000+ Clients assisted since 2006

Company Partners assists South Africa’s Entrepreneurs to become registered, empowered, and grow into sustainable businesses. Specialising in company registration and compliance since 2006, we have expanded our expertise to include accounting, payroll and website design.

We begin with a free consultation, offering tailored support to align with your business objectives. Our 120 compliance services include Shelf Companies, COIDA, Imports/Exports, Business Plans, VAT, and others.

We are dedicated to providing the tools and guidance necessary for businesses to develop and thrive over the long term.

Frequently Asked Questions

Trade agreements are partnerships between governments for mutual trade advantage. Country import taxes are set by partnerships. Registered South African traders pay cheaper import charges in linked nations when exporting recognised goods. This lowers buyer import costs and makes the exporter more competitive internationally.

Your experts in free trade agreement in South Africa 2024 is ready to assist.

 
 
 
 
 
 
 
 

A Trade Agreement is established when two or more nations reach a consensus on conditions that facilitate their commerce with one another. Free trade and preferential trade agreements are the most prevalent. These agreements are reached with the intention of eliminating or reducing tariffs, quotas, and other trade restrictions that may apply to goods exchanged among the signatories.

 
 
 
 
 
 
 
 

In addition to diminishing or eliminating tariffs, trade agreements facilitate the resolution of internal obstacles that would hinder the movement of products and services; promote investment; and enhance regulations pertaining to intellectual property, electronic commerce, and government procurement.

 
 
 
 
 
 
 
 

Trade Agreements are legally binding agreements between nations that aim to facilitate international trade by removing obstacles to trade, such as import taxes (tariffs) and other barriers that are not related to taxes (non-tariff barriers). They establish more reliable and easily understood circumstances for enterprises that operate in other nations.

 
 
 
 
 
 
 
 

SADC – for trade with other Southern African nations
SADC-EU – for trade with the European Union
SACUM-UK – for trade with the United Kingdom
EFTA-SACU – for trade with Iceland, Liechtenstein, Norway and Switzerland.
AfCFTA – for trade with participating members of the African Union.

 
 
 
 
 
 
 
 

Examples of trade agreements include the:

  1. African Continental Free Trade Area (AfCFTA);
  2. The Southern African Customs Union (SACU);
  3. Mercosur Preferential Trade Agreement;
  4. SACUM-UK Economic Partnership Agreement (EPA).

These agreements facilitate trade between South Africa and other countries by reducing tariffs and simplifying export procedures.

 
 
 
 
 
 
 

The main goal of a trade agreement is to reduce barriers to trade between the participating countries.

This can include:

  1. reducing or eliminating tariffs,
  2. easing import/export restrictions, and
  3. encouraging trade in goods and services.

These measures are intended to boost economic growth, enhance global cooperation, and increase market access for businesses within the member countries.

 
 
 
 
 
 

Trade agreements can generally be categorized into three types:

  1. Bilateral trade agreements: These are between two countries. They aim to reduce tariffs and barriers to trade between the two nations.
  2. Multilateral trade agreements: These involve more than two countries agreeing on trade standards and tariffs collectively. An example is the AfCFTA, involving multiple African countries.
  3. Regional trade agreements: These agreements involve countries within a specific region to promote trade more freely within that region, such as SACU.
 
 
 
 
 
 

AGOA, or the African Growth and Opportunity Act, is a legislation that provides eligible sub-Saharan African countries with preferential access to the United States market. AGOA allows for duty-free entry of products into the United States, which supports economic development and encourages trade between the United States and Africa.

Discuss the requirements sadc trade agreement or other free trade agreements in South Africa today with our experts.

 
 
 
 
 
 
 

Free Trade Agreements (FTA) are agreements between two independent nations to reduce all duties/tarrifs.

In some cases, the duties/tarrifs are removed in its entirity. Countries persue FTA’s in an effort to strengthen economic partnerships.

It is important to note that Free Trade Agreements might also include other terms and conditions relating to trade obligations such as not importing certain goods.

 
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