How to pay your Annual Return
Companies must file within 30 business days AFTER the anniversary date
of its incorporation while close corporations must file within the anniversary
MONTH of its incorporation up until the month thereafter (effectively 2 months)
It is important to note that CIPC does not allow access to file the returns
before the due date.
All Companies that require an audit must also submit their audited
financial statements. The rest of the companies will have to submit a financial
accountability statement ( CoR 30.2) in the near future
The amount of money a company has to pay to CIPC for its annual
returns depends on what type of company it is e.g: CC or (Pty) Ltd (new or old
Act) and what the turnover is. The turnover is calculated on the last financial
year (not calendar year) so that the CIPC can compare it with SARS for
accuracy.
Note: We charge R150 plus the CIPC fees for annual returns.
The table below are the CIPC
fees:
Start your Annual Return
|
Fees under the Close Corporation Act
(1984)
|
|
|
Annual Turnover
|
CIPC Fee
|
|
Less than R50m
|
R 100
|
|
Equal or more than R50m
|
R 4,000
|
|
Note: R150 penalty fee for each late
submission (30 days after date of
registration
|
|
|
|
|
Previous Fees under the old Companies
Act (1973)
|
|
|
Annual Turnover
|
CIPC Fee
|
|
Less than R10m
|
R 450
|
|
More than R10m but less than R50m
|
R 2,500
|
|
R50m and above
|
R 4,000
|
|
|
|
Fees under the new Companies Act
(2008)
|
|
|
Annual Turnover
|
CIPC Fee
|
|
Less than R1m (paid within 30
business days)
|
R 100
|
|
Less than R1m (paid after 30 business
days)
|
R 150
|
|
R1m but less than R10m (paid within
30 business days)
|
R 450
|
|
R1m but less than R10m (paid after 30
business days)
|
R 600
|
|
R10m but less than R25m (paid within
30 business days)
|
R 2,000
|
|
R10m but less than R25m (paid after
30 business days)
|
R 2,500
|
|
R25m and more (paid within 30
business days)
|
R 3,000
|
|
R25m and more (paid after 30 business
days)
|
R 4,000
|
Note if the annual return became due 1 may
2011 or thereafter the new fee structure must be used