How much is CIPC annual return?

Annual returns are used to determine whether the business is still doing business or will be doing business in the future.  If annual returns are not filed, CIPC assumes that the business is dormant and starts the process to remove the business from the register of active businesses.  Also, annual returns may be used to gauge the level of compliance with the Companies Act especially financial reporting.

How will I know when to file?

CIPC does provide e-mail / sms reminders to directors (for companies) and members (for close corporations) PROVIDED that correct contact details have been provided to the CIPC when registering the business or updating its detail.  If CIPC does not have the correct information, reminders cannot be issued.  To confirm the status with annual return filings an AR Fee Calculation can be done via annualreturns.cipc.co.za or by utilising the CIPC USSD functionality.

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How must the annual return be filed?What fee should be paid when filing annual returns?

In determining the appropriate fee for the filing of an annual return, a distinction must be made between a company and close corporation filing, and the date on which the annual return became due, since different fee structures are used for companies and close corporations.  Further, in order to determine the year from which the company or close corporation became liable to file annual returns, the roll out date for the specific category of entity must be used together with its registration date. 

Examples (Companies)Examples (Close Corporations)
The company was registered on 26 June 1995.  If it is a public or external company, its first annual return became due in June 2003.  Therefore, annual returns should have been filed on an annual basis as from June 2004 until June 2011, and should then continue to be filed annually every year thereafter. If the company is a private company, its first annual return became due June 2005.  Therefore, annual returns should have been filed on an annual basis as for June 2005 to June 2011, and every year thereafter. If the company was registered 26 June 2009 and it is any other type of company, the first annual return became due in June 2010.  Therefore, annual returns should have been filed on an annual basis for June 2010 and June 2011, and every year thereafter.If the close corporation was registered on 26 June 1995, its first annual return became due in June 2009.  Therefore, annual returns should have been filed on an annual basis for June 2009 to June 2011, and every year thereafter. If the close corporation was registered on 26 June 2009, its first annual return became due in June 2010.  Therefore, annual returns should have been filed on an annual basis for June 2010 and June 2011, and every year thereafter.

If the annual return became due 1 May 2011 or thereafter, the fee structure under the Companies Act, 2008 must be used.  If it became due before 1 May 2011 the Companies Act, 1973 fee structure must be used.

Companies Act, 1973 fee table:

Annual TurnoverPrivate and Incorporated CompaniesPublic CompaniesExternal Companies
Less than R10 millionR450R4000R4000
More than R10 million but less than R50 millionR2500R4000R4000
R50 million or moreR4000R4000R4000
Penalty fee for each late lodgmentR150R150R150
Re-instatement Application (Form CoR40.5)R200

Companies Act, 2008 fee table:

Annual TurnoverFiling within 30 business days after anniversary dateFiling more than 30 business days after anniversary date
Less than R1 millionR100R150
R1 million but less than R10 millionR450R600
R10 million but less than R25 millionR2000R2500
R25 million or moreR3000R4000
Re-instatement Application (Form CoR40.5)R200

Close Corporations Act, 1984 fee table:

Annual TurnoverFiling within 2 months from beginning of  anniversary monthPenalty for each late lodgment
Between 0 to R50 millionR100R150
R50 million and aboveR4000R150
Re-instatement ApplicationR200

The fees payable for annual returns can also be determined by consulting the CIPC Annual Return website annualreturns.cipc.co.za / AR Calculator.  For assistance on how to conduct a fee calculation refer to the published step by step guide annualreturns.cipc.co.za / how to guide.