Company De-Registration

A company or close corporation may be deregistered upon request from the company or close corporation or any other third party, provided that the company or close corporation:-
(a)    has ceased to carry on business; and
(b)    has no assets or, because of the inadequacy of its assets, there is no reasonable probability of the company being liquidated.

In order for the CIPC to process the deregistration request, the following information is required on an original letter head of either the company, close corporation or any other third person applying for deregistration:-

• Statement confirming that

(i)    the company or close corporation is not carrying on business or is dormant and
(ii)   has no assets, or because of the inadequacy of its assets, that there is no reasonable probability of the company being liquidated (if third party, the statement must be supplemented with sufficient documentary proof confirming the statement);

• Tax clearance certificate or any other written confirmation from SARS that no tax liability is outstanding; (an affidavit if not registered for tax)

• If the company or close corporation submits the request, the letter must be signed by each active director, or otherwise by the person who is requesting the deregistration;
• Tax number (if available); and
• Certified ID copy of any of the persons signing the letter wherein deregistration is required.