Importing or exporting gold into or from South Africa requires strict compliance with local regulations. Entities involved in such transactions must possess a refining license issued by the South African Diamond & Precious Metals Regulator (SADPMR). This license certifies that the entity is authorized to process and handle gold. Additionally, both importers and exporters need to obtain specific import and export permits from the South African Revenue Service (SARS). These permits ensure that the gold trade adheres to customs regulations, tax requirements, and other relevant legal frameworks. Failure to comply with these licensing and permit requirements can lead to severe penalties and legal consequences.

Obtaining a Gold Refining Licence

Refining Precious Metals in South Africa: Obtaining a Refining Licence South Africa boasts a rich history and significant resources in precious metals. If you’re looking to enter the lucrative world of precious metal refining, you’ll need to secure a Refining Licence from the South African Diamond & Precious Metals Regulator (SADPMR). This article guides you […]

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