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Deregistration of Companies and CCs (due to non-submission of annual returns)
- 02 November 2021
- South African Accounting Academy
As stated in Notice 37 of 2020, CIPC recommenced deregistration process of companies and CCs who are not up-to-date with their Annual Returns.
In terms of section 82(3)(a)(i) of the Act, CIPC may only refer companies and close corporations for deregistration if it has failed to file Annual Returns for two or more years, and therefore the Act provides sufficient time for companies and close corporations to comply with Annual Returns before being referred for deregistration.
For the list of companies and close corporations for which the notification process has commenced, kindly refer to www.cipc.co.za / Legislation / Gazettes / Gazette Publication No 202105 dated 22 September 2021.
The publication can be accessed from http://www.cipc.co.za/index.php/legislation/gazettes
The deregistration status for companies and close corporations in deregistration due to non-compliance with Annual Returns will only be cancelled/uplifted upon the filing of ALL outstanding Annual Returns as well as the required Audited Financial Statements AFS) or Financial Accountability Supplements (FAS).
The notice also contains links to 3 useful guides on Annual Returns and related documents.
Click here to download the Notice 53 of 2021:
Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more: https://cpd.accountingacademy.co.za.
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