Annual Returns
Annual Returns – Stay Compliant & Avoid Deregistration
Since 1 September 2008, all companies and close corporations (CCs) are legally required to submit Annual Returns to the Companies and Intellectual Property Commission (CIPC). This process ensures that businesses are still operational and that the Registrar has the latest company information on record. Failure to submit and pay for Annual Returns for more than six months may lead to deregistration, meaning your company will no longer be legally recognized.
To remain compliant, all companies and CCs must also submit a Beneficial Ownership Declaration at an additional cost of R800.
Annual Return Costs
Companies: |
Close Corporations: |
|---|---|
| Turnover < R1 million – R650 | Turnover < R50 million – R650 |
| Turnover between R1 million and R10 million – R950 | Turnover > R50 million – R4,500 |
| Turnover between R10 million and R25 million – R3,000 | |
| Turnover > R25 million – R4,500 |