Department of Trade Industry and Competition South Africa
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Overview

The Automotive Investment Scheme (AIS) is an incentive designed to grow and develop the automotive sector through investment in new and/ or replacement models and components that will increase plant production volumes, sustain employment and/ or strengthen the automotive value chain.

The AIS provides for a non-taxable cash grant of twenty percent (20%) of the value of qualifying investment in productive assets and twenty five percent (25%) of the value of qualifying investment in productive assets by component manufactures and tooling companies as approved by the dtic.

Click here to submit an application. 

Click here to submit a claim.

Full description

Eligible Enterprises

  • Light motor vehicle manufacturers that have achieved, or can demonstrate that they will achieve, a minimum of 50 000 annual units of production per plant, within a period of three (3) years; or
  • Component or deemed component manufacturers that are part of the Original Equipment Manufacturer (OEM) supply chain; or
  • Will achieve at least 25% of total entity turnover or R10 million by the end of the first full year of commercial production as part of a light motor vehicle manufacturer supply chain, locally and / or internationally.

Important Documents 

 

Website

http://www.thedtic.gov.za/financial-and-non-financial-support/incentives/automotive-investment-scheme/