Close Corporation (CC)
Compliance Guide
Legacy business structure governed by the Close Corporations Act 69 of 1984. No new CCs can be registered since 1 May 2011, but existing CCs may continue operating.
Compliance Topics
Select a topic to see detailed requirements, deadlines, fees, and step-by-step guides for Close Corporation (CC) businesses.
Registration
How to register with CIPC and SARS
Close Corporation (CC) Registration in South Africa — What You Need to Know
Annual Returns
Filing annual returns and regulatory requirements
Annual Returns for Close Corporations (CC) in South Africa
Tax Obligations
Income tax, provisional tax, VAT requirements
Tax Obligations for Close Corporations (CC) in South Africa
PAYE & Payroll
Employee tax, UIF, SDL registration
PAYE & Payroll for Close Corporations in South Africa
BEE Compliance
Broad-Based Black Economic Empowerment
BEE Compliance for Close Corporations (CC) in South Africa
Financial Statements
Required reporting and audit thresholds
Financial Statements for Close Corporations in South Africa
Deregistration
How to close or deregister
How to Deregister a Close Corporation in South Africa
Key Compliance Facts
Regulatory Bodies
- CIPC (Companies and Intellectual Property Commission)
- SARS (South African Revenue Service)
- Department of Employment and Labour (if employing staff)
Compliance Essentials
- Annual tax return filing with SARS
- CIPC annual return within 30 business days of anniversary
- B-BBEE affidavit or verification
- Annual financial statements
Other Entity Types
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