On the Road with Intersect: What We Learned from Accountants at the Xero Roadshow
Over the past two weeks, the Intersect Connect team joined the Johannesburg and Cape Town legs of the Xero Roadshow; and what an experience it was. We weren’t just there to demo our product. We went to connect with the people who use (or might soon use) Intersect, to better understand their challenges, their goals, […]
Avoiding the Next Kleuterzone: A Due Diligence Checklist for Investors
Last week, one of our Intersect users reported a system bug, only to discover that their client’s legacy share certificate, contained an incorrect company registration number. Thanks to Intersect’s automated CIPC – Companies and Intellectual Property Commission (a member of the dtic Group) verification, they were alerted to the discrepancy and were able to rectify […]
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, […]
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 […]
CIPC Annual Returns: A Comprehensive Guide for South African Businesses
Learn everything about CIPC annual returns, including filing requirements, deadlines, and consequences of non-compliance. Essential information for South African businesses.
Analysing CIPC’s Annual Return Submissions: Insights from 2023/24 Data
The 2023/24 financial year saw an interesting shift in the compliance landscape, particularly regarding submitting annual returns to the Companies and Intellectual Property Commission (CIPC). The newly released statistics, summarized from the CIPC Annual Report, offer key insights into trends in on-time submissions, penalties for late filings, and the overall financial implications of annual return […]
How to Remove a Deceased Director from CIPC: A Step-by-Step Guide
Dealing with the death of a company director is a challenging time, and amidst the personal grief, there are critical legal steps that must be taken to ensure the company remains compliant with regulatory requirements. One of these essential steps is removing the deceased director from the records of the Companies and Intellectual Property Commission […]
