Annual Return Submission Companies and Close Corporations
All companies (including external companies) and close corporations are required by law to lodge their Annual Returns with CIPC within a certain period of time every year. An Annual Return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with. Failure to do so will result in the Commission assuming that the company and/or close corporation is not doing business or is not intending on doing business in the near future.
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