Warning: The "Hard-Stop" is Active
As of July 2024, CIPC prevents the filing of Annual Returns if your Beneficial Ownership register is not up to date. This can lead to automatic deregistration if not resolved.
Beneficial Ownership refers to the natural persons who ultimately own or control a legal entity. Following South Africa's removal from the FATF grey list, this transparency is now non-negotiable.
Who must file?
- Profit Companies (Pty Ltd, Inc, Ltd)
- Non-Profit Companies (NPC)
- Close Corporations (CC)
- External Companies
What happens if I don't file?
The CIPC "Hard-Stop" functionality means you simply cannot fulfill your Annual Return obligations until this is done. Falling behind on Annual Returns triggers the deregistration process, putting your assets and bank accounts at risk.
Don't get blocked.
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