85 Years of growth

Since its establishment, VDT has grown to deliver exceptional service in specialised fields of the law while building a reputation as a people-centric firm.

Through the everchanging nature of the professional environment, VDT has managed to keep their feet firm on the ground to withstand this sometimes-unforeseen change.

VDT was and still is founded on several guiding principles that have provided the pillars of their culture. These principles revolve around trust, integrity, a strong work ethic and client service orientation, resulting in a culture that creates custom-made and effective solutions. Additionally, VDT’s values enable them to extend themselves far beyond just being a law firm.

Through identifying keen-minded and technically proficient people from previously disadvantaged communities, VDT has encouraged them to gain relevant work experience and academic education through career planning, appropriate training courses and education bursary schemes.

As a focus within the firm and for the personal growth of the VDT staff, the firm fosters a cooperative environment with departments and individuals who support each other to provide solutions that are exceptional for their clients. When ready, VDT incorporated their focus on Black Economic Empowerment transformation. Because this is a long-term commitment for the firm, they are constantly working towards increasing diversity in the workplace. This commitment is reflected by their BEE Verification Certificate which establishes them as a level 4 contributor and value adding supplier.

February 28, 2018
Navigating financial emigration

Navigating financial emigration

In recent years, South Africa has seen a notable rise in financial emigration. This shift comes with significant tax implications, as individuals who cease to be tax residents must navigate complex regulations and financial considerations. Understanding these implications is crucial for anyone considering this move. Financial emigration refers to the formal process by which South African taxpayers alter their tax residency status, change their status with the South African Reserve Bank (SARB) for exchange control purposes and relocate their financial assets to other countries. This often involves transferring wealth, investments, and retirement funds offshore. The South African Revenue Services now mainly oversees this process, allowing individuals to terminate their tax residency in South Africa while effectively transferring their finances overseas.

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