How to close a business! EXPLAINED!!!

Do you need to DEREGISTER a COMPANY? Then WATCH THIS!!!!
Do you need help closing your business? Visit this page - www.saaccounti...
registercompan...
We can assist with the deregistration of companies with CIPC, SARS and department of labour!
Our discussion includes key topics such as:
How to close a dormant company
How to close an actively trading company
The importance of the affidavit required for business closure of dormant companies
Managing outstanding returns with SARS to close a businness
Obtaining a tax clearance for company deregistration
Deregistering a company with CIPC
The application process for deregistration with SARS
Finalizing the deregistration with SARS
Understanding representative appointments with SARS
Connecting your company to e-filing
In-person SARS visits for filing outstanding returns
Essential accounting records needed for closing a business
Filing EMP123 for PAYE deregistration
Filing VAT 123 for VAT deregistration
The liquidation process for companies
Deregistration with the Department of Labour
Deregistration for UIF (Unemployment Insurance Fund)
Deregistration for WCA (Workmen's Compensation Act)
Did you receive a SMS from SARS like this? NOTICE OF INTENTION TO SUMMONS
Dear Tax Representative of YOUR COMPANY you failed to submit your company income tax returns with reference no:99999999999. Failure to submit the returns is a criminal offence in terms of section 234, (2)(d) of TAA. to avoid more administration penalties being levied against you, kindly submit all the outstanding returns wthin 10 days of this SMS, Should you fail to submit the returns, we will initiate the criminal process and send you a NOTICE OF INTENTION TO SUMMONS. Please ignore if you have since complied. SARS

[@RobertLouw]

Dankie Heinrich

[@SAAccountingNetwork]

Plesier!

[@comfortxalisa9754]

Thank you for such important information. If company is deregistered from Cipc due to being dormant does it mean it won’t continue accumulating penalties from SARS? Or one need to still get tax clearance certificate? Especially if registration and deregistrationwas before 2019

[@ningimsomi4283]

Hey thanks for this video. I was looking for the link that u said its gonna be in here if tou looking f9r gwlp deregistering a company

[@SAAccountingNetwork]

registercompany.co.za/company-deregistration.html

[@SAAccountingNetwork]

registercompany.co.za/company-deregistration.html

[@oratileratsoma]

What about a company that has a bank account, how do i deregister it?

[@SAAccountingNetwork]

You first need to close the bank account

[@checkmate8015]

Hello, I think my contract doesn’t allow me to register a company while working for them…. Is it possible for me to not register a company but still open social media accounts advertising what i want to eventually sell, then when i get customers after some months then i quit the company im working for and register mine.

[@JetJungle]

What about companies already deregistered with SARS What about CIPC ? This is impossible to do online ?

[@hajar-e6v]

A company will never be deregistred in Sars without being Deregistred in CIPC first . Maybe you can't see that particular company in your Sars profile . But that doesn't mean it is Deregistred in Sars
So back to previous mentioned, the process of Deregistration have to start from CIPC first

[@eugenenkwana958]

In need of help with that,my annual returns penalties keep increasing,i can pay for your services.

[@SAAccountingNetwork]

send me an email at [e-mail] then I can put you in touch with someone who can assist

[@eugenenkwana958]

@@SAAccountingNetwork Thanks alot. Will do

[@jasperbasson]

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