CIPC Services Durban covers every filing a company or close corporation makes with the Companies and Intellectual Property Commission: annual returns, beneficial ownership, director and address changes, MOI amendments, reinstatements and deregistration.
CIPC is separate from SARS. Being fully compliant with SARS does not stop CIPC from deregistering your company.
Your company registration number, how many years of annual returns are outstanding and what needs changing.
Get Quotes From Accountants in DurbanAnnual Returns And Fees
Every company and close corporation files an annual return within 30 business days of the anniversary of its registration date. The CIPC fee is based on turnover.
| Annual turnover | Indicative CIPC fee |
|---|---|
| Under R1 million | About R100 |
| R1 million to R10 million | About R450 |
| R10 million to R25 million | About R2,000 |
| Above R25 million | Up to about R3,000 |
| Close corporations | From about R100, turnover based |
| Late filing | An additional penalty applies |
A beneficial ownership filing must be up to date before CIPC will accept the annual return.
Deregistration And Reinstatement
- Two missed annual returns. CIPC starts the deregistration process.
- AR deregistration process. Reversible by filing the outstanding returns and applying for reinstatement.
- Final deregistration. The company ceases to exist. Bank accounts are frozen and assets can become bona vacantia.
- Reinstatement. Form CoR40.5 with supporting documents, plus all outstanding annual returns and fees.
- SARS keeps going. Deregistration at CIPC does not close your SARS obligations, and penalties can continue accruing for years.
Reinstatement of an AR-deregistered company is usually straightforward. A finally deregistered company generally needs a High Court order, which is far more expensive.
Other Common CIPC Filings
- Director changes. Appointments, resignations and removals.
- Address changes. Registered office and postal address.
- Name changes and reservations. Including defensive names.
- MOI amendments. Share structure, director powers, pre-emption rights.
- Auditor or accounting officer appointments. Where applicable.
- Financial statement filing. In iXBRL where audited statements are required, otherwise a Financial Accountability Supplement.
CIPC work usually sits with the same firm doing your accounting. See Accountants Durban for providers offering both.
CIPC Services Durban Prices
Indicative service fees, excluding VAT. CIPC's own fees are additional and shown above.
| Service | Indicative service fee | Notes |
|---|---|---|
| Annual return filing | R450 - R1,200 | Plus the CIPC turnover-based fee |
| Catch-up annual returns, per year | R450 - R1,200 | Plus CIPC fees and penalties |
| Beneficial ownership filing | R350 - R1,200 | Compulsory with the annual return |
| Director change | R650 - R2,000 | Per filing |
| Registered address change | R650 - R2,000 | Per filing |
| Company name change | R1,500 - R4,500 | Plus CIPC fees |
| MOI amendment | R3,500 - R12,000 | Plus the CIPC fee |
| Reinstatement after AR deregistration | R2,500 - R8,000 | Plus CIPC fees and outstanding returns |
| Voluntary deregistration | R2,500 - R8,000 | Plus SARS deregistration |
| Financial Accountability Supplement | R650 - R2,500 | Where iXBRL filing is not required |
| iXBRL financial statement filing | R1,500 - R6,000 | Where audited statements must be filed |
Indicative Durban ranges, not a quotation. CIPC's own fees are fixed and published. Compare the service fee separately from the statutory fee.
Send your registration number and outstanding years, and compare quotes.
Compare CIPC Service ProvidersFrequently Asked Questions
When is a CIPC annual return due?
Within 30 business days of the anniversary of the company's registration date. Close corporations file within the anniversary month of their registration.
How much is the CIPC annual return fee?
It is based on turnover. Companies with turnover below R1 million pay around R100, R1 million to R10 million around R450, and larger companies up to about R3,000. Late filing attracts an additional penalty.
What happens if I miss two annual returns?
CIPC begins the deregistration process. The company's status changes to AR deregistration process and then to final deregistration, at which point the company ceases to exist and its assets can fall to the state.
Can a deregistered company be reinstated?
A company in AR deregistration or deregistered administratively can usually be reinstated by filing form CoR40.5 with supporting documents and settling outstanding returns. A finally deregistered company generally needs a High Court order.
Is beneficial ownership filing compulsory?
Yes. Every company and close corporation must file and maintain a beneficial ownership register, and CIPC will not accept an annual return until it is filed.
Related Accounting Services in Durban
Accountants Durban is a free quote-comparison service. The accounting, tax and audit work is carried out by the independent firms and practitioners that quote you, and your engagement is with the firm you appoint. Ask each firm for its registration details, professional body membership and a written engagement letter before appointing anyone.
CIPC Services Durban. Compare CIPC filing quotes from providers covering Durban.
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