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.
CIPC will only re-instate a company or close corporation if:
- The company or close corporation was in business at the time of deregistration.
- Immovable property is registered in the name of the deregistered business; or
- The court issued an order re-instating the company or close corporation.
If none of the above can be proven by the documentary evidence, the CIPC will not re-instate the company or close corporation and it is advised that a new company be registered. If you are unsure on how to proceed contact us.
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