Statutory Description
Under Section 15(1)(a) of the Immigration Act, No. 13 of 2002, foreign business visa applicants must submit a certificate issued by a chartered accountant or business accountant confirming financial capacity and compliance with prescribed investment thresholds. Additionally, the Companies Act, 2008 (Section 223) empowers the Minister to regulate prescribed forms and certificates, ensuring lawful verification of corporate and investment structures.
🔹 Certificate Scope (Bullet List)
- Verification of minimum capital contribution required for business visa applications.
- Certification of lawful source of investment funds in line with FICA.
- Confirmation of business feasibility and compliance with South African corporate law.
- Employment creation verification (citizens and permanent residents).
- Preparation of regulator‑ready audit evidence packs for submission to the Department of Home Affairs.