Restorations and CIPC Annual Returns
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CC/PTY Restoration
A CC/PTY is usually deregistered for non-compliance to the annual returns filing requirement.
For the status of the entity to be restored from "Final Deregistration" to "In Business", we will need to request the reinstatement of the entity first by submitting all the required information. Once restored the status changes to "In Re-instatement Process" and this allows us to file the returns that are outstanding. All outstanding returns have to be filed within 30 days of Re-instatement. If not filed within 30 days, the company will be placed back into Deregistration.
Harvest Company Secretarial will provide all templates and will do the deeds search and the placing of a restoration advertisement in your local newspaper as required by the CIPC.
The restoration process takes between 2 and 14 days after submission, depending on the CIPC turnaround times. Should you need to trade urgently and do not wish to start the re-instatement process for your deregistered entity, you can register a new company as this will be quicker however do note that no proposed name for the purpose of registering a new company will be approved if that name is the subject of a deregistration.
