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CIPC: Relaunch and automation of associated name reservation service
- 27 June 2023
- Accounting
- South African Accounting Academy
The service was temporarily discontinued during October 2022 due to technical difficulties (Notice 35 of 2022).
In an effort to provide a more efficient service, the associated name reservation service will only be available via the CIPC electronic platform E-Services. The service will no longer be available via e-mail [email protected].
To assist customers with the utilisation of the service, a Step-by-Step guide will be published in due course.
CIPC sincerely apologise for any inconvenience caused by the discontinuation of the service during October 2022 and the delay in its relaunch.
Click here to download the Notice:
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 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 issued by CIPC as the regulator.
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 issued by CIPC as the regulator.
To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update
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https://cpd.accountingacademy.co.za.