The CIPC will commence again with the process of deregistering entities
The Companies and Intellectual Commission (“CIPC”) has published a Notice to all customers informing them that the CIPC will be deregistering all Companies and Close Corporations with outstanding Annual returns in May 2016. We are all aware of the need to file annual returns with the CIPC and that if a company fails to do so, the CIPC has the power, which it exercises regularly, to deregister an entity.
Consequences of the deregistration of an entity
The effect of deregistration has been described by the courts as the equivalent of death, as the entity ceases to exist. Naturally, the practical consequences could be dire as commercial banks are placing the corporate accounts of the deregistered entities into a “frozen” state.
Our team understand your business issues and lead the way in delivering cost effective and comprehensive solutions for your corporate governance and company secretarial needs.
Kilgetty Statutory Services is one of the leading company secretarial firms in South Africa.We provide comprehensive company secretarial services, administrative services and corporate services to a range of entities from small start-ups through to entities listed on the Johannesburg Securities Exchange.
More About Us
Meet Our Management Team
Chris Wilson (FCIS)
Cape Town and Durban
Managing Company Secretarial Consultant
Cape Town Head Office
+27 (0) 21 417 8734
4th Floor Harbour House, 4 Martin Hammerschlag Way, Foreshore Cape Town, 8000
+27 (0) 11 440 1077
26 Fort Street, Birnam, Gauteng, Johannesburg, 2196
+27 (0) 31 576 5514
2nd Floor, 4 Pencarrow Crescent, Pencarrow Park, La Lucia Ridge Office Estate, Durban, 4019