85 years of innovation

Having survived, changed, grown and prospered over several decades, VDT has become a prominent Gauteng firm that knows how to deliver the best results and the most innovative solutions. The firm’s longstanding 85-year history speaks for itself, making it a force to be reckoned with. VDT’s move to Brooklyn, Pretoria in 2002 signified the firm’s focus on growth and expansion.

As a firm, VDT has had a strong focus on being innovative in how we do business. This requires technological efficiency, effective management and a firm that is responsive to the needs of its clients and changes in the legal environment. Our motto, “Innovative solutions through specialised knowledge backed by more than 80 years of experience,” summarises what we as a firm stand for and have stood for.

We have consistently modernised the practice of law, and since becoming a part of the Phatshoane Henney Group of Associated Law Firms, we have amplified this initiative. As part of the PH Group, we also ensure that our firm remains relevant and is able to effectively serve clients in the long-term.

To ensure that VDT is empowered to run its practices to the best industry standards, the Phatshoane Henney Group has implemented encompassing Group standards and best practices which we comply with in respect of the firm, staff and clients. These standards and practices are unique to the Group and geared towards not only a 360-degree measurement of the firm but its continual development and alignment with industry requirements to ensure that member firms stand out as the law firm of choice for clients in their respective territories. This guarantees an innovative approach to problems, as well as innovative solutions.

VDT has had a singular, powerful goal in mind, which is to establish and position ourselves as a new breed of South African law firm – a firm that is innovative and forward-thinking, that puts their clients first and invests in our staff and transformation.

May 8, 2017
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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