Description
CIPC Annual Return (AR) filing is a mandatory requirement for all registered companies and close corporations in South Africa to confirm that they are still actively trading. Annual returns must be filed within 30 business days after the anniversary of the company’s registration date. And fees are based on the company’s annual turnover. Failure to file annual returns can lead to penalties and eventual deregistration of the company. It’s important to keep company information up to date and ensure timely submissions to maintain compliance and legal standing.
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