Thanks for your information. Our Homeowners Associations, Non-profit Company and therefore don't have shareholding so the 5% does not count. It is about control so any member with voting rights is considered a beneficial owner including the board of Directors. How do we upload all their information, certified IDs and more
Kindly note, we require the identification or registration of the natural persons who exercise control or ownership over the entity, our focus is on the individuals who ultimately control or influence the HOA.
Firstly thanks for this interview Marumo and Elma. I appreciate the time you took to share more information with us. My question - my private company Pty (LTD) has a total of 3 directors who are also the only shareholders in the company, the shares are split equally between 33.33...% All 3 of us are natural persons. Non of us are married so there's no spouse that could potentially have BO via in community of property shares. We don't issue any securities, there's no company car or anything that would benefit shareholders. We don't have any VC investors. The CIPC already has all of our information as required by law due to shareholders being the directors. Do we have to submit our information again to comply with beneficial ownership process? If so, which of the following does the my company fall under? A) Non-affected company with beneficial ownership information B) Affected company - companies classified as affected companies C) Non-affected company without beneficial ownership information Thank you, Concerned Citizen
Kindly note, you need to decide. Kindly follow the link to the User Guides: www.cipc.co.za/?page_id=4447 and FAQ: www.cipc.co.za/?page_id=4160 Also note, you may make use of the templates reflecting on the website. Follow the link: www.cipc.co.za/?page_id=4447 Click on Beneficial Ownership.
Kindly note, we will forward your comment to the relevant Department. Kindly follow the link to the User Guide: www.cipc.co.za/wp-content/uploads/2023/08/USER-GUIDELINES-BO-LEGISLATIVE-REQUIREMENTS_Aug-23.pdf and FAQ: www.cipc.co.za/?page_id=4160
Kindly follow the link to the User Guide: www.cipc.co.za/wp-content/uploads/2023/08/USER-GUIDELINES-BO-LEGISLATIVE-REQUIREMENTS_Aug-23.pdf and FAQ: www.cipc.co.za/?page_id=4160
Why cipc does it make it easy for us.i m battling with this and I'm thinking to quit because I was expecting to be help by the cipc employee since this is new from my side and the is no template whatsoever I'm still stuck with this.
Kindly follow the link to the User Guides: www.cipc.co.za/?page_id=4447 and FAQ: www.cipc.co.za/?page_id=4160 Also note, you may make use of the templates reflecting on the website. Follow the link: www.cipc.co.za/?page_id=4447 Click on Beneficial Ownership.
Hi, I tried sending through the mandate but it wouldn’t submit because it says I didn’t fill in the interest type which I did. I selected shareholding /beneficial owner then underneath it says select interest types, when I click on it , it says zero items . So I’m struggling to submit because of that , how do I do it ?
I sent them an email and did a follow up, still no response. I need to submit annual returns hence I’m rushing this BO submission because I can’t submit my AR without doing the BO first. Please assist
Thanks for your information. Our Homeowners Associations, Non-profit Company and therefore don't have shareholding so the 5% does not count. It is about control so any member with voting rights is considered a beneficial owner including the board of Directors. How do we upload all their information, certified IDs and more
Kindly note, we require the identification or registration of the natural persons who exercise control or ownership over the entity, our focus is on the individuals who ultimately control or influence the HOA.
Thank you Marumo, much appreciated
Firstly thanks for this interview Marumo and Elma. I appreciate the time you took to share more information with us.
My question - my private company Pty (LTD) has a total of 3 directors who are also the only shareholders in the company, the shares are split equally between 33.33...% All 3 of us are natural persons. Non of us are married so there's no spouse that could potentially have BO via in community of property shares. We don't issue any securities, there's no company car or anything that would benefit shareholders. We don't have any VC investors. The CIPC already has all of our information as required by law due to shareholders being the directors.
Do we have to submit our information again to comply with beneficial ownership process? If so, which of the following does the my company fall under?
A) Non-affected company with beneficial ownership information
B) Affected company - companies classified as affected companies
C) Non-affected company without beneficial ownership information
Thank you,
Concerned Citizen
Kindly note, you need to decide. Kindly follow the link to the User Guides: www.cipc.co.za/?page_id=4447 and FAQ: www.cipc.co.za/?page_id=4160 Also note, you may make use of the templates reflecting on the website. Follow the link: www.cipc.co.za/?page_id=4447 Click on Beneficial Ownership.
can l get examples
Kindly follow the link to the User Guides: www.cipc.co.za/?page_id=4447 and templates: www.cipc.co.za/?page_id=4447 Click on Beneficial Ownership.
Hi, Im struggling with the BO. Where can I get the example mandate template to use ?
How do you declare for Pty Ltd with 1 member (owner), I am having trouble on that.. Can we atleast have tutorial on that
Kindly note, we will forward your comment to the relevant Department. Kindly follow the link to the User Guide: www.cipc.co.za/wp-content/uploads/2023/08/USER-GUIDELINES-BO-LEGISLATIVE-REQUIREMENTS_Aug-23.pdf and FAQ: www.cipc.co.za/?page_id=4160
How do i file it if im the only person in the company?
Kindly follow the link to the User Guide: www.cipc.co.za/wp-content/uploads/2023/08/USER-GUIDELINES-BO-LEGISLATIVE-REQUIREMENTS_Aug-23.pdf and FAQ: www.cipc.co.za/?page_id=4160
Why cipc does it make it easy for us.i m battling with this and I'm thinking to quit because I was expecting to be help by the cipc employee since this is new from my side and the is no template whatsoever I'm still stuck with this.
Kindly follow the link to the User Guides: www.cipc.co.za/?page_id=4447 and FAQ: www.cipc.co.za/?page_id=4160 Also note, you may make use of the templates reflecting on the website. Follow the link: www.cipc.co.za/?page_id=4447 Click on Beneficial Ownership.
What do I submit if my company is dormant and not operating
Kindly click on www.cipc.co.za/?page_id=1355 and on Enterprise Maintenance, then Changes to management and thereafter re-instating the company.
What documents do I file for a dormant company
Please do not refer me to the User Guidelines, I have went through the entire document and it was not useful
Kindly click on www.cipc.co.za/?page_id=1355 and on Enterprise Maintenance, then Changes to management and thereafter re-instating the company.
All my documents are done, however, the system sent otp to the old number - I can't validate the OTP for the phone only for email. Who can help?
Kindly log on to Bizportal (bizportal.gov.za) and navigate to User Profile to make changes to the cell number.
Hi. What is the turnaround time for a BOR enquiry email to be answered? Thank you
Kindly note the turnaround times to respond to enquiries are 10 working days, but the division might respond earlier.
Hi; did cipc helped you with the B.O?
Kindly advise if you require any assistance.
Hi, I tried sending through the mandate but it wouldn’t submit because it says I didn’t fill in the interest type which I did. I selected shareholding /beneficial owner then underneath it says select interest types, when I click on it , it says zero items . So I’m struggling to submit because of that , how do I do it ?
Kindly forward an email to beneficialownershipenq@cipc.co.za for further assistance.
@@theCIPC thank you
Pleasure, you welcome.
I sent them an email and did a follow up, still no response. I need to submit annual returns hence I’m rushing this BO submission because I can’t submit my AR without doing the BO first. Please assist
Kindly note the turnaround time to resolve a query is 10 working days.
I need a an acc no. since my company is deregistered
Kindly advise if you refer to CIPC banking account details.