What is CIPC annual return?
A yearly filing every company and close corporation must make to CIPC, with a fee, to confirm its details and that it is still active.
Section 33 of the Companies Act requires each company to file an annual return with CIPC. It is due within 30 business days after the anniversary of the company's date of incorporation, and the fee depends on the company's turnover.
Filing late costs more, and a company that does not file for a long period can be deregistered by CIPC, after which it must be reinstated before it can trade or hold assets again. The annual return is not a tax return; SARS filings are separate.
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CIPC annual returns