CIPC: New FAQs – Reinstatements

CIPC: New FAQs – Reinstatements logo

Summary:

The Companies and Intellectual Property Commission (CIPC) has published new Frequently Asked Questions (FAQs) to support the automation of the re-instatement process for companies and close corporations.

Article:

This has been provided to assist users with the new online application method, which became effective on 11 August 2025. The automation of the process (Form CoR40.5) was made effective on the same day. Refer to our previous Alert dated 14 August 2025

The following 8 FAQs are discussed:

  1. What is Reinstatement?
  2. When is the company or CC eligible or Reinstatement?
  3. When Should You Apply?
  4. Platforms for Automated Reinstatement
  5. Any documents required?
  6. How Do I Submit a Reinstatement Court Order?
  7. Will the Company or Close Corporation Keep Its Original Name?
  8. How do I pay?

Company and Update Status as well as Important information is also provided.

Click here to access the FAQs:

https://www.cipc.co.za/?page_id=4160 

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.

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