A significant shift in South Africa’s exchange control framework has opened the door to a powerful new opportunity for advisers and families working with domestic trusts.

Following the 2023 relaxation of exchange control rules, South African trusts may now have a clearer pathway to externalise assets into modern offshore trust structures - unlocking greater flexibility for cross-border succession planning, long-term wealth preservation, and more robust intergenerational strategies.

You are invited to join OTAP and EY for an exclusive, practical session designed to unpack what this means in real terms.

Together, they will explore the regulatory, legal, and tax implications of this landmark change, and demonstrate how advisers and families can implement a complete end-to-end solution with clarity and confidence.

Topics to Be Covered

1. The 2023 regulatory shift: What changed, why it matters, and why it is a genuine game changer for South African trusts.
2. Legally externalising trust assets offshore: How domestic trusts can externalise assets to offshore trusts under the new position.
3. Benefits, tax consequences, and compliance considerations: The strategic opportunities, potential trade-offs, and critical requirements to get right.
4. Practical implementation steps: How to establish a modern offshore trust and move through the application process smoothly.
5. The OTAP and EY end-to-end turnkey solution: A seamless pathway for advisers and families, from strategy through to execution.

Key Takeaways

1. By the end of the session, you will have:
2. A clear understanding of the post-2023 position for South African trusts.
3. Insight into OTAP’s modern, flexible and adviser-centric offshore trust solution for long-term intergenerational planning.
4. Clarity on the tax treatment, risks, and compliance requirements of the restructuring, and how to approach them in practice.
5. A practical blueprint for implementing the OTAP and EY turnkey solution with clients.

Event Details

Venue: Ernst & Young Cape Town Office, Waterway House North, 3 Dock Road, V&A Waterfront, Cape Town
Date: Friday, 10 April 2026
Time: Arrival from 09:00 | Presentation from 09:30 - 10:20 | Networking from 10:20 - 11:00
Format: In-person and online

About EY & OTAP

EY brings extensive local and international tax advisory expertise, including structuring, compliance, and trust-to-trust distribution approvals.

OTAP provides highly regulated, globally respected offshore trust formation and administration, with significant experience supporting South African families.

Together, the partnership delivers an end-to-end, seamless trust migration and wealth-planning solution, aligning strategy, regulatory requirements, and execution.