CIPC Annual Returns Fees Explained:

Your CC’s or Company’s total invoice for Annual Returns Filing Fee consists of two fees:

1. CIPC Fee: The normal outstanding CIPC fee, PLUS penalties which is only applicable when payment is late.
2. Submission Fee: A once-off admin fee to submit your return(s) correctly with the CIPC.

3 Step Process to file your Annual Returns Successfully:

(1) Apply: Upon application you will receive an invoice of R390. However, this is purely our Submission Fee to file your returns for 1 year. Also see the application form above.

(2) Filing: We will file your Company’s Annual Returns using the information you have given us. CIPC will then confirm your Company’s CIPC Fees, which we will add to your invoice. To explain, here follows the factors making up your final invoice total:

• Years. The number of years for which your returns are due.
• Turnover. Your Company’s turnover for the given year – if it is more than R1 million for the financial year, CIPC’s fees start to increase.
• Penalties. CIPC will penalise any late filings (only if applicable).
• Deregistration. If your Entity is already reflecting as “Deregistration Process” CIPC can deregister your Company / CC at any moment, thus Annual Returns need to be submitted urgently to prevent final deregistration.

(3) Delivery: We will process the Annual Return Submission and receive your Annual Return Certificate within 2 working days from CIPC. After that, your Certificate will be made available on your Customer Account. In addition, we will notify you via email as well.

The Main Advantages of Annual Returns at CIPC:

Firstly, to stay Compliant: To apply at any Government Institution or Regulating (e.g CSD), you need to ensure that your Company is always compliant with CIPC. This will also ensure that there are no delays when applying for a business loan at the bank as the bank account can be frozen due to non compliance at CIPC.

Secondly, no penalties or Deregistration: Submitting your Annual Returns at CIPC every year, will prevent you from having to pay penalty fees for late submission as it is required by law. Most importantly, it will also keep your company status Active and prevent your Company from going into a Deregistration status at CIPC which can also result in suppliers revoking your credit facility.

My Company / CC is in the deregistration process due to Annual Return non compliance. Can you assist for this type of deregistration to be cancelled?

Is it compulsory for my Company or Close Corporation (CCs) to file an Annual Return in South Africa?

Why should my Company / Close Corporation (CC) file an Annual Return?

How long does it take for you to submit my Annual Return with CIPC?

Read more about Annual Returns here.

Click here to apply now!