The company or close corporation is not carrying on business or is dormant and.The letter must include the following statement confirming that: To de-register your company and/or close corporation, follow these steps: If your contact details are outdated or incorrect, the Commission is not liable if you have not received such notification before deregistration.Ĭompanies and close corporations are responsible for informing the Commission of contact details to ensure that they receive relevant notifications and reminders. The contact details as per the Commission records will be used to communicate the deregistration. Did you know that CIPC is introducing iXBRL – Filing of Annual Financial Statements using an innovative platform?Ī business can be referred for deregistration upon request from the company or close corporation or any other third party, provided that the company or close corporation has ceased to carry on business and has no assets or, because of the inadequacy of its assets, there is no reasonable probability of the company or close corporation being liquidated.ĭeregistration will also be triggered when two or more successive annual returns are outstanding, in which case the company or close corporation will be automatically referred by the system and then notified by registered mail or alternative electronic methods of communication.
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Appointment of software service provider for development of the CIPCs iXBRL reporting platform.Notice: Submission of Annual Financial Statements (AFSs) Using iXBRL is Mandatory from 1 July 2018.XBRL International announces first XBRL Certified Software.Analysis: Digital Financial Reporting for iXBRL.Letter of Appreciation to Pilot Companies.What is iXBRL? Animation video by courtesy of Deloitte.iXBRL Facilitates Standardised Business and Financial Reporting Globally.Video: The CIPCs iXBRL Programme Explained in a Nutshell.iXBRL Opinion Piece by the Commissioner of the CIPC.Press Release: The CIPC Officially Launched iXBRL.Notice of System Downtime for Live Roll-Out of iXBRL.Article From IT News Africa: South Africa Launches Digital Financial Reporting Solution.Reminder: Entities not qualifying to submit AFSs via iXBRL still need to file FASs together with ARs.Animation Video: Digital Financial Reporting via iXBRL.Video: Mr John Turner, CEO of XBRL International, Pledges his Support to the CIPCs iXBRL Programme.Minister Rob Davies congratulates the CIPC on the launch of iXBRL.Video: Presentations and Panel Discussion about iXBRL at SAICA Event on 13 June 2018.Notice about Live iXBRL Portal and Testing of AFS Filings.Notice about filing Annual Financial Statements (AFSs) or Financial Accountability Supplements (FASs) together with Annual Returns (ARs).Notice about Annual Return process requirement of either AFSs or FASs to be filed.Notice about system downtime for deployment of AR “hard-stop” functionality.Notice about temporary roll-back of “AR Hard-Stop” functionality.Radio 702 interview on the CIPCs iXBRL Programme.Notice about roll-out of “AR Hard-stop” functionality.Article from CNBC Africa: This new financial regulation system could prevent another Steinhoff, here’s how.
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