Maintaning Your Company

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Annual Returns

Annual Returns

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.

The cost above is our fee for each year the Annual Return is outstanding only, it excludes the CIPC fee which is dependent on

  • turnover and
  • any CIPC penalties due for late submission of the return.

This will be determined once we have your company details. The fee payable will be communicated and the return will only be filed once we have received proof of payment.

NB: Non-submission can lead to your company being put into the de-registration process and ultimately de-registered.  Additional cost will have to incurred to restore the company.

Service Turnaround Time

  • The Annual Return process takes up to 24 hours.
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Change in CC Member/s

Change in CC Member/s

Close Corporation member changes or CC member changes are made if a CC wants to remove or add a member from the business.

Once a member is removed or added, the ownership will change as well.

Service Turnaround Time
This process takes 5-10 working days after receiving the requested supporting documentation.

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Change in Company Address

Change in Company Address

Changing of a company’s particulars, such as the registered business address and postal address.

Service Turnaround Time
This process takes 5-10 working days after receiving the requested supporting documentation.

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Change In Director/s

Change In Director/s

Appoint, resign or remove a director here.

When a company is registered the directors are automatically appointed as part of the registration process.

This service is for changes that you would like to make thereafter.

Service Turnaround Time
This process takes 5-10 working days after receiving the requested supporting documentation.

 

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Company and Close Corporations Restorations

Company and Close Corporations Restorations

The Company/Close Corporation Restoration is a process by which a CC/Company gets re-registered after being de-registered. The main cause of de-registration of a CC/Company is failure to submit Annual Returns.

NOTE: The above fee does not include fees related to the submission of any outstanding Annual Returns.

Service Turnaround Time
Depends whether property is owned by the Company or Close Corporation.
If property is not owned  21 -30 working days.
If property is owned 2-4 months.

NB: Delays may be due to excessive CIPC workload and or obtaining letters from the Department of National Treasury and the Depatment of Public Works.

We will update you on a regular basis regarding the status of the restoration process.

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Company Register

Company Register

S50(1) Every company must-

  1. (a)establish or cause to be established a register of its issued securities in the prescribed form; and
  2. (b)maintain its securities register in accordance with the prescribed standards.

This purchase is for maintaining the company register for one year and is renewal each year.

The reports or registers can be requested at any time from our offices.

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Share Certificates

A share certificate is legal proof of ownership of a company or the shares in a company if there are more than 1 shareholders.

It entitles them to have a share in the profit and in some instances, even a share in the decision making process.

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