CIPC in South Africa
What is the Full meaning of CIPC in South Africa?
CIPC is an Acronym for Companies and Intellectual Property Commission (CIPC).
What does the CIPC do?
The CIPC is responsible for the following functions: Registration of Companies, Co-operatives and Intellectual Property Rights (trademarks, patents, designs and copyright) and maintenance thereof. To disclose Information on its business registers.
Why do I need to register with CIPC?
“CIPC stands for the Companies and Intellectual Property Commission. One of its functions is the registering body for all companies registered in South Africa. “You can transact via the BizPortal or Eservices. To transact with CIPC, you will need to open up an account with CIPC and create login details.
How does the CIPC company registration process work?
To register a company with CIPC you must start by registering as a customer and deposit sufficient funds into their account. Only once the funds are cleared and reflect in the CIPC account can you begin with your company registration. This delay can take up to 2 days and frustrates many customers to the point of not wanting to deal with CIPC. Sadly, CIPC stopped using credit card payments due to the huge amount of fraud they experienced. CIPC were unwilling to prosecute the offenders despite having the company information at hand. This resulted in there being no instant solution when applying to CIPC to register your company and the rise in professional registration companies to meet the demand.
How Long Does It Take ?
We will provide you with the certificate within 24 Hours after proof of payment was received
What appears on the certificate?
– Enterprise Information (Name, Registration Number,
Description, Address etc.)
– Accounting Officer Details (Name, Postal address,
Profession, Membership/Practice number)
– Details of Members (Surname and First Names,
ID Number or Date of Birth, Contributions, % Interests,
Appointment Date, Postal Address and
Physical Address of Each Member)
How much does it cost to register a company with CIPC?
You would first need to reserve a name. This will cost you R50 for each application made; assuming the first four names that are submitted and one is successfully approved. Once the name is approved and you have the CoR 9.4 then you can apply for the registration. The registration will cost you R125 if it is for a private company and R475 if it is for a non profit company. There are five types of companies that can be registered on CIPC. The amount will first need to be deposited into their account and reflect on your profile before you can make any submission, otherwise the application will be kicked out and you will need to re do it.
