Foreign principal means registered importer, registered exporter or owner of goods not located in the Republic of South Africa.
Agent means a person located in the Republic of South Africa who represents in the Republic an importer, exporter or owner of goods not located in the Republic.
Registration of foreign principals in South Africa as foreign importers and/or foreign exporters
Foreign principals not incorporated in South Africa or not having an established place of business in South Africa (i.e. companies not located in South Africa) wishing to register as foreign importer or foreign exporter can register as foreign principal with the South African Revenue Service (SARS). Simultaneously, they must nominate a ‘registered agent’ located in South Africa. In other words, foreign importers and exporters must be represented by a South African ‘registered agent’. ABC kings is a registered agent representing foreign importers and foreign exporters in South Africa. Please contact us for further details.
What is the difference between a South African importer and exporter and a Foreign Importer and Exporter?
A South African importer and/or exporter may submit their own customs clearances or use the services of a customs broker. A foreign importer/exporter must appoint an ‘agent’. The agent can submit customs clearances on behalf of the foreign principal in complying with all obligations imposed by the Customs acts.
ABC kings also provides the services of selling agent for foreign principals in South Africa
We identify potential buyers and connect them with the overseas seller. We provide information on all aspects of logistics. We act as a business development manager in South Africa for foreign principals.