Annual Returns

All companies and close corporations, whether they are trading or not, are required by law to file their annual returns with CIPC within a certain period of time each year. CIPC uses this information 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 activities. Failure to file may result in deregistration.

Companies have 30 business days from the date that the entity become due to file annual returns before it is in non-compliance with the Companies Act. Close Corporations have from the first day of its anniversary month up until the thereafter to file Annual Returns before it is non-compliance with the Close Corporations Act.


Annual Turnover Filing within 30 business days after anniversary date Filing more than 30 business days after anniversary date
Less than R1 million R100 R150
R1 million but less than R10 million R450 R600
R10 million but less than R25 million R2000 R2500
R25 million or more R3000 R4000


Annual Turnover Filing within 2 months from beginning of anniversary month Penalty for each late filing
Between 0 to R50 million R100 R150
R50 million and above R4000 R150