ARE YOU COMPLIANT?
The Companies and Intellectual Property Commission (CIPC) released its new Beneficial Ownership Register functionality on its e-services platform on 1 April 2023. This means that now, you are obligated to disclose the beneficial ownership of your company. Or else, you run the risk of being non-compliant.
Registering, and disclosing your beneficial ownerships through the CIPC is nuanced and can be complex.
With us however, you can focus on your company growth and sustainability, while we sweat the complexities.
THESE NEW REQUIREMENTS EXTEND MUCH FURTHER THOUGH…
If you fall into one of these categories, you will need to take extra care to disclose your beneficial ownership to the CIPC:
- Company owners with a turnover of more than R10 million
- Large corporate groups with foreign shareholdings and trusts
- Family businesses with multi-generational wealth
- Beneficiaries of foreign trusts
Need help in getting your CIPC compliance up to date and reviewed? Schedule a CIPC Review here. Raise and submit a quick help ticket here to jump the queue.