Intersect Joins the Xero App Store as an Official Connected App Partner
We’re proud to share that Intersect is now a certified Connected App Partner on the Xero App Store — a major step forward in our mission to transform how compliance is managed in South Africa. This exciting certification recognises Intersect’s robust integration with Xero and affirms our shared commitment to making life easier for accountants, business owners, […]
Intersect lands #4 TOP 10 Startups of The Year in Delaware, US
We’re thrilled to share that Intersect Connect has been awarded 4th place in the Delaware, US category of HackerNoon’s Startups of the Year 2024 competition! This recognition is a testament to the hard work of our team, the trust of our customers, and the power of our mission to automate and simplify compliance for businesses […]
Learning from Athletics South Africa’s Deregistration: Why Every Business Must Stay Current with CIPC Annual Returns & Beneficial Ownership Filings
In February 2025, Athletics South Africa (ASA) made headlines when it was officially deregistered by the Companies and Intellectual Property Commission (CIPC) for failing to file its annual returns for two consecutive years. This oversight — codified in Government Gazette Publication 2025‑299 — led to ASA losing its legal personality and jeopardising funding for events, […]
What’s new in Intersect – March 2025 & Q1 Wrap
Product Ideas💡 – New features introduced to increase your user experience This month, we’re thrilled to unveil more exciting enhancements with you. We’ve been listening to your feedback and working hard to deliver updates that address some of the most popular Intersect product ideas. Whether you’re looking to compliance processes, improve how you communicate with […]
Understanding Affected and Non-Affected Companies: Beneficial Ownership Compliance in South Africa
The introduction of Beneficial Ownership (BO) disclosure requirements by the Companies and Intellectual Property Commission (CIPC) has placed new compliance obligations on South African companies. However, not all entities are subject to the same level of scrutiny. The Companies Act, 2008, distinguishes between Affected Companies and Non-Affected Companies, and this classification determines the extent of […]
How to convert an Annual Return Deregistration into a Voluntary Liquidation with CIPC
When a company fails to submit its annual returns for two consecutive years, the Companies and Intellectual Property Commission (CIPC) initiates an ‘Annual Return Deregistration’ process. This means the company is in the process of being deregistered due to non-compliance. However, if the business owner wishes to formally wind up the company through a ‘Voluntary […]
CIPC’s New Directives: What to Expect in the Year Ahead
Introduction The Companies and Intellectual Property Commission (CIPC) plays a crucial role in regulating businesses in South Africa, ensuring compliance with the Companies Act, and streamlining administrative processes for company owners, accountants, and company secretaries. As we move into the new year, the CIPC is set to introduce several new directives aimed at enhancing transparency, […]
Are Accountants Already Acting as Company Secretaries Without Realizing It?
Introduction The role of the company secretary has always been a cornerstone of corporate governance. However, as businesses embrace digital transformation and regulatory landscapes evolve, the importance of the company secretary has grown even more pronounced. This article explores how the company secretary’s responsibilities are changing and why this role is more essential than ever […]
CIPC deregistering 500 000+ Non-Compliant Companies and Close Corporations
In a recent move to enforce compliance, the Companies and Intellectual Property Commission (CIPC) has issued a stern warning to companies and close corporations that have neglected their Annual Returns (AR) and Beneficial Ownership (BO) declarations. Through Notice 60 of 2024 and an accompanying media statement, the CIPC announced its intention to deregister over 500,000 […]
A Clean Economy Requires Clean Money: The Role of KYC and AML for South Africa’s Regulated Entities
In an economy that thrives on trust, transparency, and growth, the importance of clean money cannot be overstated. “Clean money” refers to funds that are legally earned, properly taxed, and traceable to reputable sources. When illicit funds enter the financial system, they corrupt economic stability, erode trust, and enable illegal activities. Regulated entities, particularly those […]
