DStv Channel 403 Thursday, 26 December 2024

Discussion | CIPC deregistered almost 650 000 companies in 2023

JOHANNESBURG - Non-compliance with the Companies and Intellectual Property Commission, could lead to serious consequences for businesses.

According to the CIPC’s annual report, almost 650 000 companies were deregistered in 2023, largely due to missed annual returns. 

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The affected companies would not be able to trade or process invoices once deregistered. 

Joshua Alexandre, InfoDocs founder and CEO discussed how SMME’s can avoid deregistration from the CIPC.

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