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CIPC: Delays in Company and Close Corporation re-instatements – Update
- 08 July 2025
- Tax
- South African Accounting Academy
Summary:
The Companies and Intellectual Property Commission (CIPC) has informed customers that they acknowledge and apologise for the current delays in processing company and close corporation re-instatement applications.
Article:
CIPC understands that this has caused inconvenience to customers, companies, and close corporations seeking to re-instate entities that were finally deregistered due to non-compliance with Annual Return and Beneficial Ownership Declarations.
As previously communicated, system enhancements to the CIPC legacy application have introduced greater efficiencies, which initially helped reduce delays. Refer to our previous Alert dated 11 April 2025
However, recent disruptions to underwater internet cables, continued high volumes of incoming applications, poor quality of submissions, and the implementation of system safeguards have collectively contributed to renewed processing delays.
CIPC is actively addressing these challenges to stabilise the processing environment. At the same time, they are progressing with the development of a fully online re-instatement process to further improve service delivery.
Click here to download Notice 32 of 2025:
https://www.cipc.co.za/wp-content/uploads/2025/07/Notice-Delay-Re-instatements_July-2025.pdf
Relevance to Auditors, Independent Reviewers & Accountants:
- The Companies Act is yet another piece of legislation that your clients must comply with, and which you must assess compliance with. If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
- As an auditor, independent reviewer and accountant, you also need to monitor your client’s compliance with the Companies Act and all relevant notices/enforcements/practice notes/customer letters issued by CIPC as the regulator.
- Where you perform these compliance tasks on behalf of your client, you need to ensure that you comply with all relevant notices/enforcements/practice notes/customer letters issued by CIPC as the regulator.
- As an auditor, independent reviewer and accountant you need to consider the impact of the Companies Act Regulations on your service offerings, as well as on your client’s filing obligations and the resulting deregistration and re-instatement processes.
Relevance to Your clients:
- An entity (company or close corporation) has a duty to comply with the Companies Act, and all relevant notices/enforcements/practice notes/customer letters issued by CIPC as the regulator.