Annual Returns at CIPC Per Year
Current Timeframe - CIPC: 3 days
Once Off Fee: R 300 - Via Credit Card / EFT / Bank Deposit
All companies (including external companies) and close corporations are required by law to lodge their Annual Returns with CIPC within a certain period of time every year. An Annual Return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with. Failure to do so will result in the Commission assuming that the company and/or close corporation is not doing business or is not intending on doing business in the near future. Non-compliance with annual returns may lead to deregistration, which has the effect that the juristic personality is withdrawn and the company or close corporation ceases to exist.
3 Easy Steps To Start
Step 1: Requirements. None for this service.
Step 2: Payment. Click here to Login / Register with us and get a quote now - within 2 minutes!
Step 3: Information. When you get a quote, we’ll get some information required to prepare your documents.
Submission Fee: As you will see on the Pro-Forma Invoice sent to you, we charge a Submission Fee for the facilitation of this process between yourself and CIPC. This fee is a fixed once-off fee.
CIPC Fees: Once you have supplied us with your Company's latest information, CIPC will add additional cost. The additional CIPC cost will then be added to this Pro-Forma Invoice (as an Annual Return Admin Fee). The additional CIPC costs will be based on:
Years. The number of years for which your Annual Returns are due.
Turnover. The Company's turnover - if it is more than R1 million for the past financial year, CIPC's fees start to increase.
Penalties. CIPC will penalise any late Annual Return filings.
Deregistration. If your Entity is already reflecting as “Deregistration Process” CIPC can deregister you at any moment. Annual Returns need to be submitted urgently to prevent final deregistration.
Timeframe: 3 day
Once Off Fee: R 300 per outstanding year