ACCOUNTING

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TAX

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PAYROLL

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AUDITING

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COMPANY SETUP

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OFFSHORE STRUCTURING

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GROUNDED GUIDANCE

Clarity, Control and Confidence

The South African business environment is like the rugged bushveld – unforgiving, complex, and often chaotic.

Inspired by the metaphor of the majestic giraffe, we stand tall above the thicket, seeing the patterns, safe paths, and gathering storms that others cannot. We combine an elevated perspective (vision and foresight) with a grounded approach (firm-footed and practical).

OUR STORY

The Nomad Accountant: Your Guide to Offshore Structuring

Grow beyond South Africa! The Nomad Accountant is designed to help you navigate the complexity and uncertainty of offshore structuring. 

Cross-border structuring, offshore solutions, accounting & tax for ambitious entrepreneurs.

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Company Setup

Starting something new? We can assist with registering a new company, or you can buy an existing shelf company.

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INSIGHTS

XERO’S GUIDE TO INVOICING

If you’re running a small business or considering it, Xero has a super-helpful guide on how to invoice effectively to ensure you get the money owed to you for work done or products sold.

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WHY XERO?

Well, unless you want to be stuck with legacy hardware and software systems, outdated infrastructure, accountants from the stone age or time-consuming processes then it is probably time to change. Here are a few reasons why Xero should be part of your daily life: Automatic bank feeds No need to [...]

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WHAT TYPE OF BUSINESS CAN I START?

What kind of business can I start? You can start any type of business. Well, almost any business. Better take into account your limitations, entry barriers, and specific regulatory requirements. For example, you’ll need a license if you want to run your own bar, betting office, or entertainment venue and [...]

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THE FINANCIAL CYCLES INSIDE YOUR BUSINESS

Your business is a combination of different processes coming together. The better you get these processes to work together, the better your business will perform. Business is not a micro-organism that can be left alone to multiply, expand and evolve on its own. Business is something that has to be [...]

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THE DIFFERENT TYPES OF ENTITIES

So, you’re looking to start up something official, but which type of legal entity would be best suited to contain the magic? Here’s your options and a bit about each:

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Rise Above | Franco Cronjé chats with Lemon Garage Owner, Angus Webber

Cronjé & Cronjé founder Franco Cronjé chats to Angus Webber, owner of classic car shop Lemon Garage, about starting and growing a family-owned business, his sales approach and, of course… the cars!

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REGISTERING A BUSINESS

Trading as a sole proprietor If you trade as a sole proprietor your business name will be your name and surname. You can however decide to trade with another name. It might, for example, be Frankie Figs t/a The Corner Shop. Trading as a company If you decide to incorporate [...]

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Preparing a Business Plan

When and Why a Business Plan is Necessary Yikes, really? A business plan? You must be kidding me. Who still takes time and effort spending hour upon hour scribbling down some details which are bound to change and will most probably never see the light of day? Especially in a [...]

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PAYSPACE APPROVED

Payroll is one of our specialities. We’re happy to announce we’re PaySpace approved. PaySpace – True cloud-based Payroll & HR Software available in 40 African countries. Winner of the GPA 2019 Payroll Software Supplier of the Year.

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LEGAL OBLIGATIONS FOR THE SELF-EMPLOYED

Except for some fear, which is normal, and subsequent adrenalin there are no legal obligations when you are planning to become self-employed. The safety net is gone. No salary at month-end. It is you and you alone who are now responsible for bringing in the sales and paying the bills. [...]

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INCOME TAX

Wow, what a serious topic but let’s not get too technical here but rather give a brief overview of the more pertinent issues relating to taxes. You or your company are taxed on your net profits. In other words: sales less expenses. This sounds easy enough however it is much [...]

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HOW VAT WORKS

VAT is a consumption tax. It is only levied once a product or service is consumed. VAT is additional revenue raised by the government by requiring certain businesses to register for VAT and then levy VAT on taxable goods or services. In essence, vendors act as agents on behalf of [...]

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FROM DESKTOP SOFTWARE TO THE CLOUD

The Stone Age I heard about software that might be useful. Let’s give the IT guy a call and discuss. Ok, he approves and you buy an expensive server only to be replaced every 3 to 5 years. Then you buy software to be installed on the server. Then you [...]

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FINDING CAPITAL

Most new businesses need initial capital to get established. This capital may be quite high because of the cost of adapting and fitting out premises and the cost of stock (working capital) or equipment. The cost of initial stock or equipment is likely to be a real problem – for [...]

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DEALING WITH THE BANK

Can’t we just all keep our money under our pillows? Then we do not have to deal with this thing called a bank and the bureaucracy that comes with it. Well unfortunately not. Banks are part of our ecosystem and we rely on them for handling our cash flow as [...]

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