CIPC Annual Return fees

Annual Returns to CIPC are due during the month following that of the anniversary of the date of Incorporation (nothing to do with the Financial year end).

If returns are not submitted, the company or CC will be de-registered by CIPC.

When that happens, we have to apply to restore (actually reversing the de-registration). This is now either impossible or a nightmare process including advertising in the newspaper and other demanding requirements. Only after restoration are we able to determine which Annual Returns are outstanding and then submit the outstanding returns and pay the late fees.

CIPC charge a fee based on turnover for each Annual Return. Their fees are free of VAT and not the same for CCs and Companies.

CIPC fees for Companies

 

Return On time Late
Annual if turnover <R1m 100 150
Annual if turnover <R10m 450 600
Annual if turnover <R25m 2 000 2 500
Annual if turnover R25m + 3 000 4 000
Restoration if de-registered 200  
Our fee for submission of both Annual Returns 1 500 1 500
Our fee for restoration if company ownes no fixed property, but company was trading at the time of de-registration. 7 000 7 000 
Our fee for restoration if company owns fixed property 10 000  10 000

 

CIPC fees for CCs

 

Return On time Late
Annual if turnover <R50m 100 250
Annual if turnover R50m + 4 000 4 150
Restoration if de-registered 200  
Our fee for submission of both Annual Returns 1 500 1 500 
Our fee for restoration if no fixed property involved, but CC was trading at the time of de-registration 7 000 7 000 
Our fee for restoration if fixed property involved 10 000 10 000 

  

 

 


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Memberships

South African Institute of Chartered Accountants. Designation CA(SA)  Internationally Accredited Financial MediatorsIndependent Regulatory Board for Auditors. Designation RA<Engineering Council of South Africa. Designation Pr(Eng) Member of MENSA, the High IQ Society

 

 

 

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