Whether you are starting your own business from scratch, or you are looking to expand the horizons of a current business, registering for import and export licences is essential if you are interested in international trade.
Why would I need an Import/Export Licence?
If you intend in engaging in trading overseas or even across borders you are legally obligated to register your business for import and export licences. Luckily, while these licences are essential, the import and export licence registrations for a business are not all that tricky.
egistering for an Import and Export Licence
The following documents are necessary to complete your application for an Import/Export Licence:
- Original letter from the bank confirming your business’ bank account number, account holder, date the account was opened, etc. (this should be on the bank’s letterhead and stamped by the bank)
- A confirmation of your company’s telephone number (this can be done via an affidavit)
- A letter from every one of your directors confirming that they wish to apply for an importer’s code. (This needs to be on the company’s letterhead and signed by all of the directors)
- A certified copy of the Identification Documents (ID) of every one of your directors
- A confirmation of your company’s physical address (a municipal account or lease agreement is suitable)
- The postal address of your company
- Your company’s registration documents from the Companies and Intellectual Property Commission
- These documents are submitted alongside the forms required for registration of an Import/Export Licence to your local Customs and/or Excise office.
These forms can be found below:
- Registering with SARS: Local Importer
- Registering with SARS: Local Exporter
Registration for an Import/Export Licence should take no longer than 10 working days.