Key points
- Companies and close corporations must file annual returns with CIPC.
- Changes to directors, members or shareholding must be recorded.
- Up-to-date records protect your company's good standing.
Registering a company
New companies are registered with the Companies and Intellectual Property Commission (CIPC). After registration, the company typically needs to register for the taxes that apply to it, and open a business bank account.
Annual returns
Every company and close corporation must file an annual return with CIPC. Companies that do not file can be deregistered, which can affect their bank accounts, contracts and assets. Check CIPC for the filing period that applies to your entity.
Keeping company information up to date
- Changes to directors or members.
- Changes to the registered address.
- Changes to shareholding and share registers.
- Beneficial ownership information, where required by CIPC.
Close corporations
New close corporations can no longer be registered, but existing CCs continue to exist and must still meet their filing requirements.
General information only. This guide is not professional advice. Tax and statutory requirements change — confirm current rules and dates with SARS or CIPC, or speak to us about your situation.