Company secretarial compliance is the ongoing work required to keep a South African company or close corporation's statutory information accurate and up to date. It is different from general office administration: the focus is CIPC records, annual returns, beneficial ownership information and formal company changes.
Why company secretarial compliance matters
Keeping statutory records current supports good governance and helps prevent avoidable compliance problems. Missed annual returns can place an entity at risk of deregistration, while outdated director, address or beneficial ownership information can delay banking, contracting and other business processes.
Common company secretarial requirements
- CIPC annual returns: Companies and close corporations must file an annual return and pay the applicable statutory fee.
- Beneficial ownership: Applicable entities must maintain and submit accurate beneficial ownership information.
- Company changes: Director appointments and resignations, registered-address changes, name changes and amendments to company records must be documented and filed correctly.
- Statutory records: Companies should retain the appropriate registers, resolutions and supporting documents.
How Leading Edge helps
Leading Edge assists clients with routine CIPC and company secretarial requirements, monitors recurring obligations and requests the information needed to complete annual filings. CIPC annual returns and related annual compliance submissions are handled separately from the monthly retainer, with the relevant statutory amount payable by the client and a small administration fee charged for preparing and managing the submission.
If your company's records are outdated or you are uncertain about its current CIPC status, request a short introductory call and we will help identify the next steps.