What is Deregistration?
Removing a company from the CIPC register, either on request when it has stopped trading with no assets or debts, or by CIPC for non-compliance.
Under section 82 of the Companies Act, CIPC can deregister a company that has not filed annual returns, and a company that has stopped trading and has no assets or liabilities can ask CIPC to deregister it. A deregistered company's assets can pass to the State, so deal with assets and bank accounts first.
CIPC deregistration does not close your SARS tax accounts, which you must deregister separately. A company deregistered in error or with value can apply to be reinstated on Form CoR 40.5.
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CIPC company deregistration