Monthly Company Maintenance Plan

1. We will cover any CIPC costs over the year.

We will cover all the CIPC costs related to changes in your Company Registration Documents. You can change your company’s name, its address, you can add or remove multiple directors and you can even transfer shares. We’ve got you covered, so you can freely change your paperwork when your business changes.

2. We remind you when your annual CIPC paperwork is due and we will administer it on your behalf.

Once every year, your dedicated consultant will collect information from you to keep your company compliant with the CIPC’s annual requirements. This includes:

• Your estimated turn-over figures, if you’re not trading yet this would be R0.
• The current address of your company.

Kindly note that there are two instances where we don’t include all your costs: 1. When your company’s turnover (sales) had been more than R1 million in any 12 months cycle. 2. When you provide the required paperwork after the fees are due. In these cases, we will offer you a quote, depending on the CIPC’s requirements.

3. We will store all your paperwork securely online to simplify CIPC and other company administration.

We have a sophisticated online system that is specifically designed for South African entrepreneurs. This system allows you to store, track and manage all your company administration on one digital platform.

4. We assign a dedicated business expert to your account.

Whether you have a question in CIPC compliance, Tax or Tender Compliance, your dedicated consultant is always available to support you and to walk you through the next steps in your business.

The act of submitting your Annual Return to the CIPC is seen as an indication that your company is still trading, or has the intention to trade in the future. Technically you do not renew your Company Registration, but you rather confirm it with the submission of your Annual Returns to CIPC.

According to South African law, you have to submit your Annual Return if you wish to keep your Company registered and active on the CIPC’s records.

The CIPC is an acronym for the Companies and Intellectual Property Commission.

This commission administers 15 different parts of the law that relate to the regulation of corporate and intellectual property in South Africa. Corporate and Intellectual property includes companies. This is why the CIPC executes company registrations.

The CIPC is largely based on the Companies Act (2008).

If you sign up for one of our CIPC-related services, our company experts will represent you at the CIPC. Our team has been working with the CIPC since 2006.

The law requires every South Africa company to submit their Annual Return to the CIPC yearly within a specific period. The Annual Return includes submitting your company’s yearly turnover to the CIPC.

If you wish to keep your Company registered on the CIPC’s records, you must register your Company every year within the prescribed period. If you don’t, the CIPC assumes your company is no longer active, and they may start the deregistration process.

Every company has a unique due date. Your first Annual Returns are due within 30 days after the first day your company is registered at the CIPC.

Every year thereafter, you need to submit your Annual Returns within one month of your CIPC registration date. If, for example, your company was registered on the 1st of March, it should be submitted every year on the 1st of April.

If you neglect to submit your Annual Returns at the CIPC when it’s due, the commission may deregister your company.

Late submission can be made but penalty fees will apply.

If you do not submit your Annual Return, your company will be removed by the CIPC from its active records after a while. Legally this means your company will no longer be a Pty Company, it will stop existing as a legal entity.

The CIPC will send you notices to your registered business address that your company will soon be deregistered if you do not intervene promptly by submitting your outstanding annual returns.

Whether or not your company can apply for a specific Tender, Contract or RFQ depends on your paperwork.

We can help you fast-track these timeframes. Simply talk to one of our consultants. We offer every entrepreneur in South Africa a free business consultation.

We understand that every individual and business has unique needs. That’s why we offer a wide variety of monthly services designed to cater to your specific requirements and budget.