What is CIPC?
The CIPC (Companies and Intellectual Property Commission) is responsible for the registration of companies, co-operatives and Intellectual Property Rights and the maintenance thereof. Some of the other functions of this commissioning body include; promotion of education and awareness of a company and its intellectual property law, enforcement of relevant legislation, monitoring of compliance with financial reporting standards and making recommendations to the FRSC (Financial Reporting Standards Council). It is also the CIPC’s responsibility to; promote compliance of relevant legislation, license Business rescue practitioners and to disclose information on its business registers.
How do I know if I am meant to pay CIPC Returns?
By law, all companies and close corporations (cc) are required to file their annual returns with CIPC. CIPC needs the information gained from returns to ensure that it is in possession of the latest information of the company or close corporation and to determine whether the company or close corporation is conducting business related activities.
When are my CIPC Returns due?
CIPC Returns are due on the last working day of the month of the anniversary of registration of the company/cc (not a Saturday, Sunday or Public Holiday).
Contact the CIPC here: http://www.cipc.co.za/index.php/contact-us/enquiries/
For any further help, feel free to contact PATC (Professional Accountants and Tax Consultants)