I have to Deregister my company because of CC. It’s, possibly, one of the most painful business exercises I have to undertake. Never thought a failed business would make a grown man cry. Pain
Hi, my company from 2021 is getting deregistered because we havent filed any tax returns we never made any money using that company and we want it to get deregistered but sars has given us a notice to saying to pay up in the next 5 days, how can we go about resolving this issue?
Hi Jake. I trust that you are well. You will need to “file” for tax returns and disclose that the company was dormant. That will automatically mean you don’t owe SARS anything. Then you can file to deregister your company with CIPC. Once that deregistration process is done with CIPC, you can then submit a letter to SARS to notify them that your company no longer exists. Then SARS should stop bothering you. 🙂
@@Pheli_Sphe hi. I hope you are well. I will post a video in the next few days showing you how to file tax returns for a dormant company. Keep an eye out. 🙂
Hi. I would like to deregister my NPC. I am aware that you have to include a letter of SARS that your company has no assets. Can I send the cipc document proving that the company has no assets?
@@mahomedshabeerismail8384 hello there. Yes you can. Check this video out. How to register a company in South Africa online | CIPC | Step by step guide | Business Compliance th-cam.com/video/VyhCDzriTz0/w-d-xo.html
Hey Amanda. I hope you’re well. Once new company has been registered you’re automatically registered for tax. You can then register your business on efiling but of late you can’t really complete that process unless you visit a branch first where you can then also get your TCC.
Hi Athenkosi, does the deregisteration of a dormant company by CIPC due to failure to pay annual returns affect other companies that you're a director in? Or will you still be allowed to register another company?
Hi Athe, I hope you're well. I tried registering a company on 2020, however,I wasn't able to complete the entire registration and so far the last document I obtained during the process is a tax clearance and as such, I didn't even make a bank account. I just wanna know why does SARS NEED me to submit a tax return? I mean, I'm no longer interested in running a business, till further notice and I'd also like to deregister it to clear off my name. Any advice?
Hey Matae. I’m well thank you and i trust that you are too. As of 2020 when you register a company SARS automatically picks it up and your business is immediately registered for tax. For the mere fact that your company is still registered; SARS automatically thinks it’s in operation and as a result requires you to file for tax. Because your company was dormant; when filing your returns, where it requires figures you’ll just put 0. This will show SARS that your company was dormant. You are able to deregister your company and once that process is done; you can then submit the final documents to SARS to show them that your company no longer exists. When you are ready to register a business again; you can do so.
I have to Deregister my company because of CC. It’s, possibly, one of the most painful business exercises I have to undertake. Never thought a failed business would make a grown man cry. Pain
Hey there, my company was deregistered, I'd like to know if I have to change the company details to deregistered on SARS?
Hi, my company from 2021 is getting deregistered because we havent filed any tax returns we never made any money using that company and we want it to get deregistered but sars has given us a notice to saying to pay up in the next 5 days, how can we go about resolving this issue?
Hi Jake. I trust that you are well.
You will need to “file” for tax returns and disclose that the company was dormant. That will automatically mean you don’t owe SARS anything. Then you can file to deregister your company with CIPC. Once that deregistration process is done with CIPC, you can then submit a letter to SARS to notify them that your company no longer exists. Then SARS should stop bothering you. 🙂
How do we do that?
@@Pheli_Sphe hi. I hope you are well.
I will post a video in the next few days showing you how to file tax returns for a dormant company. Keep an eye out. 🙂
@@Entryprenear Hi, have you posted the video?
Hi Lisa. Here it is.
th-cam.com/video/Vr8a7gnDwrw/w-d-xo.html
Hey sister how do I get the tax clearance certificate?
Hi. I would like to deregister my NPC. I am aware that you have to include a letter of SARS that your company has no assets. Can I send the cipc document proving that the company has no assets?
You’re a star ❤
Thank you Athe, short and very informative
Hi
My
2 Companies
We're Deregistered
Can I
Form a new Company
@@mahomedshabeerismail8384 hello there. Yes you can. Check this video out.
How to register a company in South Africa online | CIPC | Step by step guide | Business Compliance
th-cam.com/video/VyhCDzriTz0/w-d-xo.html
Do you know if it's possible to get Tax clearance certificate after NEW company registration ONLINE?
Hey Amanda. I hope you’re well.
Once new company has been registered you’re automatically registered for tax. You can then register your business on efiling but of late you can’t really complete that process unless you visit a branch first where you can then also get your TCC.
Website please
Hi Athenkosi, does the deregisteration of a dormant company by CIPC due to failure to pay annual returns affect other companies that you're a director in? Or will you still be allowed to register another company?
Hello, it will only affect that one company. So yes, you can register or continue to operate any other company.
Hi Athenkosi, thanks for your video, it helped a lot, Question: Does this apply in 2023?
Hi Amy.
You’re welcome. And yes it’s does.
Hi Athe I'm failing to deregister could you please give me your app tens I wanna show you something
Hi Athe, I hope you're well. I tried registering a company on 2020, however,I wasn't able to complete the entire registration and so far the last document I obtained during the process is a tax clearance and as such, I didn't even make a bank account. I just wanna know why does SARS NEED me to submit a tax return? I mean, I'm no longer interested in running a business, till further notice and I'd also like to deregister it to clear off my name. Any advice?
Hey Matae. I’m well thank you and i trust that you are too.
As of 2020 when you register a company SARS automatically picks it up and your business is immediately registered for tax. For the mere fact that your company is still registered; SARS automatically thinks it’s in operation and as a result requires you to file for tax. Because your company was dormant; when filing your returns, where it requires figures you’ll just put 0. This will show SARS that your company was dormant.
You are able to deregister your company and once that process is done; you can then submit the final documents to SARS to show them that your company no longer exists. When you are ready to register a business again; you can do so.
@@Entryprenear Thank you so so Much. This was really helpful.🌹🌹🌹
You are most welcome. 🙏🏾
Will it affect anything other than the company if I get deregistered due to non-compliance but still file tax returns?
I like your work, would like to sponsor