Submit your Annual Return to CIPC

All Companies (including external companies) NPC’s and Close Corporations are required by law to lodge their annual returns with the CIPC within a certain period of time every year.

• Companies have 30 business days from the due date to lodge annual returns before it is in non-compliance with the Companies Act.
• Annual returns can only be filed electronically and the CIPC requires that either the Annual Financial Statements or the Financial Accountability Supplement (CoR30.2) be submitted.

Processing time

Costs

Costs payable to the CIPC

Deregistration of your entity

• Preparing relevant documents for signatures;
• Applying for a Letter of Authority from the Department of Public Works;
• Applying for the newspaper ad to be placed;
• Submitting COR40.5 and supporting documents to the CIPC for processing;
• Annual return lodgement fee for all outstanding years (normally R 950.00 per year).

Our fees for attending to the restoration of the entity will be R 3 800.00 and it shall exclude the following disbursement costs:

• ±R 600 – R 700 –Fee for the newspaper advertisement;
• R 200.00 – Fee CoR 40.5;
• R 160.00 – Fee Multiple deed search and enterprise search;
• CIPC annual return fees and penalties.

Filing of audited Annual Financial Statements or Financial Accountability Supplements

The CIPC published a Notice on 12 October 2016 informing all entities of their filing obligations.

All Public Companies or entities that are required to have a mandatory financial audit are required to submit their audited Annual Financial Statements with their annual return.

All entities that are not required to file their annual financial statements must file a financial accountability supplement to its annual return. Our office will complete the form CoR 30.2 and submit with the Annual return.

Please provide the following information if you are not providing our office with the Annual Financial Statements.

Name and Identity number of person responsible for recording day to day financial transactions and maintaining financial records: