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Global Business Consultants assist potential clients in the compilation of Applications as well as Business Plans in order to empower clients to claim applicable grants from government and or semi government institutions. Get up to 30% of your investment back as a tax free grant.
Who can apply for a grant?
New businesses
or
Existing businesses that expand their current operations.
Businesses in the Manufacturing & Tourism sectors may (should) apply for the Grant.
Basic conditions that may apply to applicants:
The Basic Mandatory Requirements may be a very good place to start your application process.
The requirements listed here are basic guidelines and your individual case should be thoroughly investigated to ensure you meet these requirements.
Also refer to the additional list of Mandatory Requirements supplied under the specific program you want to apply for, i.e. Manufacturing or Tourism.
Basic Mandatory Requirements:
• Local and foreign owned Companies, Close Corporations and Co-op’s may apply.
• New or Expanding projects may apply.
• The entity must be a taxpayer in good standing, Tax Clearance Certificate required.
• Projects must apply at least 3 months before commencement of business, but not earlier than 12 months.
The Grant is Tax exempt (article 10 (1) (y) of Income Tax Act no. 58 of 1962 as amended), cash and non-refundable!
Should I expand my business to qualify for a grant and with how much?
By Expanding your existing business you may qualify for a Grant.
To fully understand and to gain as much as possible from expanding your business, a planning process is vital. We will guide you into making the right decisions to gain the most from investing and expanding your current business.
Please note that this is not a comprehensive list of the rules of the programmes and we urge clients to arrange a one-on-one meeting with us to discuss their eligibility and means to access the Grants.