CIPC: New Step-by-step guide – Reinstatements

CIPC: New Step-by-step guide – Reinstatements logo

Summary:

The Companies and Intellectual Property Commission (CIPC) has published a new Step-by-step Guide to Automation of Company and Close Corporation Re-instatements.

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.

Conditions for the company and close corporation reinstatement application are summarised for information purposes, and 11 steps are discussed in detail (with screenshots) to provide guidance on the automation of re-instatements.

Click here to download the 21-page Step-by-step Guide:

https://www.cipc.co.za/wp-content/uploads/2025/09/Step-by-step-guide_re-instatements.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.

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