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The Companies and Intellectual Property Commission (CIPC) has issued new FAQs to support the automation of the reinstatement process for companies and close corporations via Form CoR40.5, effective 11 August 2025. The Companies and Intellectual Property Commission (CIPC) has issued a notice addressing the legal status and liabilities of entities that continue to operate despite being deregistered for failing to file annual returns. The Companies and Intellectual Property Commission (CIPC) has announced the full automation of the Application for Re-instatement of Deregistered Company (Form CoR40.5), effective 11 August 2025. The Companies and Intellectual Property Commission (CIPC) has issued a practice note outlining its position on staying director amendment filings where internal company disputes result in conflicting submissions.
The Department of Trade, Industry and Competition has gazetted the accreditation of South African Institute of Taxation (SAIT) members to serve as accounting officers for Close Corporations. The Companies and Intellectual Property Commission (CIPC) has published draft data models aligned with the IFRS 2025 Taxonomy and a proposed sustainability extension for public review. The CIPC has introduced technical enhancements to its B-BBEE registration platform, incorporating Sector Charter Councils, SIC codes, and specific distinctions for non-South African Black ownership. The CIPC has issued Guideline 1 of 2025 under the Companies Regulations 2011, outlining the civil and criminal liabilities directors face for non-compliance with the Companies Act, No. 71 of 2008.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
