Thousands of South African companies are deregistered every year simply because their annual returns weren't filed on time. Here's how to stay compliant.
Every company registered with the CIPC (Companies and Intellectual Property Commission) must file annual returns. It sounds simple, but thousands of businesses are deregistered each year because owners forget or don't know about this requirement.
What Are Annual Returns?
Annual returns are a yearly filing with the CIPC that confirms your company is still active and trading. They are NOT the same as your tax returns with SARS.
When Are They Due?
What Happens If You Don't File?
CIPC will first send a compliance notice. If you still don't file, your company will be deregistered. A deregistered company cannot legally trade, open bank accounts, or enter into contracts.
How to Reinstate a Deregistered Company
Reinstatement is possible but expensive and time-consuming. You'll need to apply to CIPC, pay outstanding fees and penalties, and potentially involve a court application if the deregistration was final.
The Cost of Filing
Annual return fees are based on your company's turnover: - R0 – R1 million: R100 - R1 million – R10 million: R450 - R10 million+: R3,000
Our Recommendation
Set a calendar reminder for your company's anniversary date. Better yet, let Solaris Advisory Group manage your CIPC compliance — we'll ensure your annual returns are filed on time, every year, without you having to think about it.
Melinda Zulu
Business Strategist
The Solaris Advisory Group team specialises in accounting, payroll, tax compliance, and business funding for South African SMEs.