All companies and close corporations are required by the Companies Act to lodge their beneficial Ownership and annual returns with CIPC at their registration anniversary. An annual return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with. Non-compliance with annual returns may lead to de-registration, which has the effect that the juristic personality is withdrawn and the company or close corporation ceases to exist.
Smart Tax Planning for Small Businesses: Managing VAT and Staying Prepared Year-Round Running a small business comes with its fair share of responsibilities, and one of the biggest challenges is
Introduction: Paying taxes can be a complicated process, and even the most diligent taxpayers can make mistakes. Unfortunately, errors on your tax return can result in penalties, delays, audits or
What SARB’s 25bps Interest Rate Cut Means for South African Consumers In a significant move, the South African Reserve Bank (SARB) has cut the repo rate by 25 basis
