Information

Company Annual Returns

Annual Return is a short description of the most relevant information of a company, also known as Annual Company Renewal. The purpose of an Annual Return is to confirm that the company is trading or will be trading in the future. All companies and close corporations are required by law to file and pay their annual returns with CIPC every year on the anniversary of the company or close corporation registration date. If these returns are not filed and paid on time, it will incur penalties and can even lead to de-registration of the company followed by the freezing of the company’s bank account as well.

There is, however, a difference between Annual Returns and SARS Tax Returns. An Annual Return is like a ‘revival’ for the company and confirms whether CIPC has the most recent information of the company and that the company is still in business. A Tax Return is filed with SARS and focuses on the taxable earnings of a company in order to determine the tax accountability of the company to the State.

Who must submit the Company Annual Return?
All close corporations and companies must submit annual returns to avoid penalties charged and the possibility of being de-registered.
If a cc or company is dormant and you do not want this to be de-registered annual returns MUST also be submitted.

When must the Company Annual Return be submitted?
The annual return must be submitted during the month following the anniversary (incorporation) month.

Why must the Company Annual Return  be submitted?
To update the latest information and for the companies and intellectual properties commission and for them to determine whether a company is still in business.

What happens if the Company Annual Return is not submitted on time?
If a company fails to lodge its annual return within the prescribed period, the company will eventually be final de registered, meaning that it will no longer exists.


Requirements

In order for us to lodge an Annual Return for a company, the following information is required:

• Name of the company
• Registration number of the company
• The annual turnover of the company

Once we receive the above mentioned information, we will calculate the annual return fee and send you a notification about the amount that needs to be paid to CIPC.

For Companies, Annual Returns fee table for CIPC is as follows:

ANNUAL TURNOVER FILING WITHIN 30 BUSINESS DAYS AFTER ANNIVERSARY DATE FILING MORE THAN 30 BUSINESS DAYS AFTER ANNIVERSARY DATE
Less than R1 million

R 100

R 150

R1 million but less than R10 million

R 450

R 600

R10 million but less than R25 million

R 2 000

R 2 500

R25 million or more

R 3 000

R 4 000

For Close Corporations, Annual Returns fee table for CIPC is as follows:

ANNUAL TURNOVER FILING WITHIN 2 MONTHS FROM BEGINNING OF ANNIVERSARY MONTH PENALTY FOR EACH LATE LODGEMENT
Between 0 to R50 million

R 100

R 150

R50 million and above

R 4 000

R 150


 

Process

The Annual Return process takes up to 24-48 hours.

Once an Annual return is submitted, you receive the following:

• Confirmation of Annual Return Submission

• Tracking Code of Filing

• Year Filed For


Get Started

To get started with your Annual Return Application:

Email sales@eBucket.co.za the above required documents

R349 + CIPC Fee’s per year

Upon your order, the invoice will be updated according to your Return