By: Myfinance-online  11-11-2011
Keywords: Financial Services

  1. Additional forms needed from the user to buy this service (if applicable).
  2. Short description of the service, what it is, how it works etc.
  3. Turnaround time for the service.
  4. Cost of the service.
  5. Example of the form that must be completed, once logged in, to order the service.
  6. Full FAQ section on the specific service.

Please make sure you have all the information on hand needed for every specific form before you start completing it.

Close Corporations/Companies (CIPC)

Tax Registrations and Services (SARS)

Employer Registrations and Services

Special Registration Packages

Other Business Services

Financial Services

Keywords: Financial Services

Other products and services from Myfinance-online


Submit Annual Return for Close Corporations/Companies (with CIPC

The entity will be referred for deregistration and then eventually de-registered from CIPC database which can mean that bank accounts will be frozen, no credit can be applied for etc. Confirmation that the Registrar is in possession of the latest information of the close corporation/company. Each close corporation/company is compelled in terms of the Act to lodge an Annual return once a year.


Amend a Close Corporation's Details (Add/Remove Member(s) etc

As soon as we receive the amended founding statement from CIPRO your oder status will be updated and the electronic form will be e-mailed to you directly. We do not render this service as the new accounting officer should be able to assist you with this. The new proposed names are send to the Registrar who will test the names for comparative names. All current members as well as new/resigning members where applicable.


Convert a Close Corporation (CC) into a Private Company Pty (Ltd

Although not compulsary it is highly recommended that you convert your current Close Corporation into a Company as defined in the new companies act of 2008. Just complete the attached form, make payment for the R350, and post the signed Power of Attorney and statement of Consent forms to us. We will send the incorporatiion certificate to you as soon as the conversion has been done by CIPC.


Restore a De-registered CC/Company - Online financial service

The fee of R450 is all inclusive (CIPRO/CIPC fees included) This fee is for restoration of a CC/COMPANY only,and obviously it doesn't include the fees for annual returns as explained in point 3 above. When annual returns are not submitted over a period of time CIPRO/CIPC will come to the conclusion that the CC/COMPANY is not in business anymore and de-register the CC/COMPANY.


Register A Company - Online financial service

A private company will still be prohibited from offering its shares to the public and the transferability of its shares will be restricted, but it may now have more than 50 shareholders. IF YOU DON'T FEEL LIKE DOING IT ONLINE YOU CAN DOWNLOAD THE APPLICATION FORM HERE. It will be the duties of the directors to see to it that proper records are kept. Same skill and experience of that director – a reasonable man/women test.


Register a Close Corporation/Company for income tax and obtain a tax clearance (tax clearance optional

If you selected the option to receive a tax clearance certificate, it will be posted via priority mail to the client as soon as the entity is registered for income tax. If already registered the business need not to register for a separate income tax number as all income must be declared in the owner’s personal capacity.


Register as individual taxpayer - Online financial service

If you don't want to follow the online route you can e-mail your latest IRP5 document, together with your banking details and proof of payment of R325 to and you will receive your tax number within 5 hours. On average you will receive your income tax number within 5 hours and in worst case scenarios (SARS systems down etc) you will receive you income tax number within 48 hours.


New Companies Act 2008 - effective from 1 May 2011

The restoration of de-registered enties has also been changed with more info/supporting documents now required to restore an entity. The new Companies act has now been implemented introducing quite a few changes in the registrations of companies. No new Close Corporations can be registered anymore.