{"id":363,"date":"2023-08-10T10:39:47","date_gmt":"2023-08-10T10:39:47","guid":{"rendered":"https:\/\/romanian-accountants.com\/?p=363"},"modified":"2023-08-10T10:39:49","modified_gmt":"2023-08-10T10:39:49","slug":"double-tax-treaty-romania-south-africa","status":"publish","type":"post","link":"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/","title":{"rendered":"Double Tax Treaty Romania &#8211; South Africa"},"content":{"rendered":"\n<p>If you have decided for&nbsp;<strong>business in Romania<\/strong>&nbsp;as a citizen from&nbsp;<strong>South Africa<\/strong>, you should consider the provisions of the&nbsp;<strong>double tax treaty<\/strong>&nbsp;signed by the two states, and meant to help business persons avoid the&nbsp;<strong>double taxation of incomes<\/strong>. Whether you are a Romanian with companies in South Africa or a citizen from South Africa with&nbsp;<strong>businesses in Romania<\/strong>, the treaty applies to both&nbsp;types of entrepreneurs. In matters of taxation, we invite you to get in touch with our&nbsp;<a href=\"https:\/\/romanian-accountants.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Romanian accountants<\/strong><\/a>&nbsp;and solicit information about the taxes you need to pay in this country.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #002e5b;color:#002e5b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #002e5b;color:#002e5b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/#what-are-the-provisions-of-romania-%e2%80%93-south-africa-dtt\" title=\"What are the provisions of Romania \u2013 South Africa DTT?\">What are the provisions of Romania \u2013 South Africa DTT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/#the-credit-method-stipulated-by-romania-%e2%80%93-south-africa-dtt\" title=\"The credit method stipulated by Romania \u2013 South Africa DTT\">The credit method stipulated by Romania \u2013 South Africa DTT<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/#taxation-for-individuals-in-romania-and-south-africa\" title=\"Taxation for individuals in Romania and South Africa\">Taxation for individuals in Romania and South Africa<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what-are-the-provisions-of-romania-%e2%80%93-south-africa-dtt\"><\/span><strong>What are the provisions of Romania \u2013 South Africa DTT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The<strong>&nbsp;double taxation agreement between Romania and South Africa&nbsp;<\/strong>refers to the methods by which the&nbsp;<a href=\"https:\/\/romanian-accountants.com\/taxes-on-salaries-in-romania\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>taxes<\/strong><\/a>&nbsp;are imposed, avoiding the&nbsp;<strong>double taxation<\/strong>&nbsp;of the profits of a company. The withholding tax is applicable as follows:<\/p>\n\n\n\n<ul>\n<li>\u2022 a&nbsp;rate of 15% applies to dividends derived from&nbsp;<strong>South African&nbsp;<a href=\"https:\/\/romanian-accountants.com\/company-management-in-romania\">companies in Romania<\/a><\/strong>;<\/li>\n\n\n\n<li>\u2022 the withholding tax rate on interests is set to 15%;<\/li>\n\n\n\n<li>\u2022 the12% rate is the withholding tax applicable to royalties;<\/li>\n\n\n\n<li>\u2022 the reduced withholding tax is not applicable to the receipt of royalties, dividend, and interests if they are related to a permanent establishment in&nbsp;<strong>Romania&nbsp;<\/strong>or&nbsp;<strong>South Africa<\/strong>&nbsp;where the taxpayer lives.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"the-credit-method-stipulated-by-romania-%e2%80%93-south-africa-dtt\"><\/span><strong>The credit method stipulated by Romania \u2013 South Africa DTT<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The deduction of taxes in the state in which the incomes are earned, whether in&nbsp;<strong>South Africa or Romania<\/strong>&nbsp;can be made through a partial credit. This refers to the situation in which the&nbsp;<strong>tax deduction<\/strong>&nbsp;in the country of residence paid in the country of origin is made to the amount conforming to the&nbsp;<a href=\"https:\/\/romanian-accountants.com\/dividend-tax-in-romania\"><strong>tax<\/strong><\/a>&nbsp;applicable in the state of residence for the foreign revenues. A total credit is also available when the tax deduction granted in the resident country has been paid in the other contracting state.<\/p>\n\n\n\n<p>We invite you to talk to our&nbsp;<strong>accountants in Romania<\/strong>&nbsp;and ask for information about the tax structure in this country and about&nbsp;<a href=\"https:\/\/romanian-accountants.com\/performing-an-audit-in-romania\"><strong>audits for companies in Romania<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"taxation-for-individuals-in-romania-and-south-africa\"><\/span><strong>Taxation for individuals in Romania and South Africa<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is good to know that the revenues earned by a citizen, whether from<strong>&nbsp;Romania or South Africa<\/strong>&nbsp;are taxed only in the country where the earnings are generated. Wages, salaries, and pensions are among the revenues subject to taxation whether in&nbsp;<strong>South Africa or Romania<\/strong>.<\/p>\n\n\n\n<p>Please feel free to&nbsp;<a href=\"https:\/\/romanian-accountants.com\/contact\"><strong>contact<\/strong><\/a>&nbsp;our<strong>&nbsp;accounting firm in Romania<\/strong>&nbsp;for extra details about the&nbsp;<strong>double taxation treaty signed by Romania and South Africa<\/strong>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you have decided for&nbsp;business in Romania&nbsp;as a citizen from&nbsp;South Africa, you should consider the provisions of the&nbsp;double tax treaty&nbsp;signed by the two states, and meant to help business persons avoid the&nbsp;double taxation of incomes. Whether you are a Romanian with companies in South Africa or a citizen from South Africa with&nbsp;businesses in Romania, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19,9,311,312,26],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Double Tax Treaty Romania - South Africa<\/title>\n<meta name=\"description\" content=\"Information about the double tax treaty signed by Romania and South Africa can be offered by our Romanian accountants.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Double Tax Treaty Romania - South Africa\" \/>\n<meta property=\"og:description\" content=\"Information about the double tax treaty signed by Romania and South Africa can be offered by our Romanian accountants.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Romanian Accountants\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-10T10:39:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-10T10:39:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/romanian-accountants.com\/wp-content\/uploads\/2023\/08\/double-tax-treaty-romania-south-africa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"190\" \/>\n\t<meta property=\"og:image:height\" content=\"130\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"romanian-accountants.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"romanian-accountants.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/romanian-accountants.com\/double-tax-treaty-romania-south-africa\/\"},\"author\":{\"name\":\"romanian-accountants.com\",\"@id\":\"https:\/\/romanian-accountants.com\/#\/schema\/person\/34c7e36cac7e3d469f178716ff29a9f8\"},\"headline\":\"Double Tax Treaty Romania &#8211; 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