CIPC ANNUAL RETURN FILING

All companies and close corporations are required by law to file their annual returns with CIPC within a certain period of time each year. CIPC uses this information to ensure that it is in possession of the latest information of the company or close corporation and to determine whether the company or close corporation is conducting business activities.

When must a company or close corporation file its annual returns? Companies and close corporations are required to file annual returns once a year within a given time period. Companies must file within 30 business days after the anniversary date of its incorporation while close corporations must file within the anniversary month of its incorporation up until the month thereafter.

If the company or close corporation was deregistered for non compliance with annual returns, can the company or close corporation still be re-instated (restored)? Yes. Once a company or close corporation has been finally deregistered, the company or close corporation or any third person may apply for re-instatement upon filing of a Form CoR40.5 and if required, supporting documents. Upon the processing of the re-instatement application, the status will be changed to “in re-instatement process”.