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Annual Compliance with CIPC: Your Trusted Guide to Staying Aligned
Welcome to our Compliance Hub
Every registered company in South Africa, whether actively trading or dormant, is legally required to maintain annual compliance with the
Companies and Intellectual Property Commission (CIPC). This isn’t just a tick-box exercise—it’s a commitment to transparency, good governance, and long-term credibility. We’re here to simplify the process and anchor your business in proactive, penalty-free compliance.
Beneficial Ownership and Annual Returns
From R2500 .00
Beneficial Ownership refers to the individuals who ultimately own or control a company, even if they’re not listed in official records. These are the people who hold 5% or more of the company’s shares, voting rights, or decision-making power—whether directly or through other entities, trusts, or layered structures.
As of 1 July 2024, all companies and close corporations registered with the Companies and Intellectual Property Commission (CIPC) must declare their Beneficial Owners when filing Annual Returns. This is part of South Africa’s commitment to combat financial crimes like money laundering and terrorism financing.
Annual Returns are mandatory filings submitted to CIPC every year, within 30 business days of your company’s incorporation anniversary. They confirm your company is active and compliant with the Companies Act.
Your Annual Return must now include:
• Beneficial Ownership Declaration
• Financial Accountability Supplement (FAS) or Annual Financial Statements (AFS)
• Security Register and/or Beneficial Interest Register
Beneficial Ownership
from R1950.00
Beneficial Ownership refers to the individuals who ultimately own or control a company, even if they’re not listed in official records. These are the people who hold 5% or more of the company’s shares, voting rights, or decision-making power—whether directly or through other entities, trusts, or layered structures.
- As of 1 July 2024, all companies and close corporations registered with the Companies and Intellectual Property Commission (CIPC) must declare their Beneficial Owners when filing Annual Returns. This is part of South Africa’s commitment to combat financial crimes like money laundering and terrorism financing.
Annual Return
from R750.00
Annual Returns are mandatory filings submitted to CIPC every year, within 30 business days of your company’s incorporation anniversary. They confirm your company is active and compliant with the Companies Act.
Your Annual Return must now include:
• Beneficial Ownership Declaration
• Financial Accountability Supplement (FAS) or Annual Financial Statements (AFS)
• Security Register and/or Beneficial Interest Register
Unemployment Insurance Fund
from R3250.00
If the following applies to you:
As an employer in South Africa, registering for the Unemployment Insurance Fund (UIF) is a legal requirement if you employ anyone for more than 24 hours per month. But it’s more than just compliance—it’s a commitment to your employees’ financial security during life’s unexpected turns.
Purpose of UIF Registration
• Legal Compliance
• Financial Protection for Employees
UIF registration is mandated by the Unemployment Insurance Contributions Act. Employers must deduct 1% of each employee’s gross salary and contribute an additional 1% themselves—totaling 2% monthly.
UIF provides temporary income support when employees face:
• Unemployment due to retrenchment or contract termination
• Illness that prevents them from working
• Maternity or adoption leave
• The death of a breadwinner (support for dependents)
• Social Responsibility
By contributing to UIF, employers help stabilize the economy and support national efforts to reduce poverty and financial vulnerability.
What Registration Involves
• Registering with the Department of Employment and Labour or via SARS
• Submitting monthly contributions
• Keeping accurate payroll records
• Updating employee details regularly
Some Additional Charges
from R750.00
The following is not included in any of the above:
- Request for Remission against penalties levied by SARS
- Additional Supporting documents requested by SARS. This included any additional documents and /or information not already requested and provided to SARS
- Notice of Objection/Appeal
- Suspension of Payment Requests
- Sorting and summarising of slips/receipts
- Updating of personal details via e-Filing
- Updating of personal details via SARS appointment
- Request for removal of Special Stoppers
- SARS telephonic follow ups
- Follow ups on refunds due from SARS
Just to Recap
- All prices above are starting prices. Should any additional work, resulting in additional charges be required, we shall advise you accordingly before proceeding.
- Fees are based on providing SARS with the standard documentation they would have requested and accepted in the past. SARS is however getting stricter each year and in certain cases they request more detailed information. Preparing and submitting this additional information will result in additional charges. As SARS is note 100% consistent with these requests, we unfortunately do not know upfront what they may or may not request.
- Any administrative work (sorting and summarising of receipts and/or summarising bank statements) will raise a per hour admin charge, of which you will be informed before proceeding.
- For Travel Claims, a SARS approved logbook needs to be provided. We can provide assistance with compiling a logbook for a minimum fee of R2750.00
- Note that should we file your return via your own personal e-Filing profile, and it is not shared with us, it will be your responsibility to inform us should SARS issue you with any correspondence.