CIPC Compliance Checklist Working Paper

The following table sets out the relevant sections that are referred to in the CIPC Compliance Checklist, and each section’s detailed requirements/explanations can be found in the Checklist.pdf document:

No Co Act Section Explanation of Co Act Section Yes No N/A
   1. 4 Solvency and liquidity test
   2. 15 Memorandum of Incorporation, shareholder agreements and rules of company
   3. 26 Access to company records
   4. 27 Financial year of company
   5. 28 Accounting records
   6. 29 Financial statements
   7. 30 Annual financial statements
   8. 32 Use of company name and registration number
   9. 33 Annual return
  10. 44 Financial assistance for subscription of securities
  11. 45 Loans or other financial assistance to directors
  12. 50 Securities register and numbering
  13. 61 Shareholders meetings
  14. 66 Board, directors and prescribed officers
  15. 69 Ineligibility and disqualification of persons to be director or prescribed officer
  16. 70 Vacancies on board
  17. 71 Removal of directors
  18. 86 Mandatory appointment of company secretary
  19. 90 Appointment of auditor
  20. 92 Rotation of auditors
  21. 94 Audit committees
  22. 21 Registered office of company
  23. 43 Social and Ethics Committee
  24. 1 Objects and policies
  25. 2 Fundamental transactions
  26. 3 Incorporators of non-profit company
  27. 4 Members
  28. 5 Directors

This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice. Errors and omissions excepted (E&OE)




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IC Marais

Professional experience:

IC Marais is a certified CA (SA) with public sector and private sector technical knowledge based on 5 years’ Public Sector accounting, auditing and financial management experience and 5 years audit, tax and accounting experience. Detailed knowledge of private and public sector accounting and auditing standards (GRAP, IPSAS, IFRS, IAS, ISA) and public sector financial legislation (MFMA, etc.)

He enjoys the outdoors, hunting and fishing.


Professional experience:

In 1995, Schalk started as a trainee at Warner and Newton (which became Moores Rowland in 1997 and then Mazars Moores Rowland in 2007) in Bloemfontein. In 1998, Schalk was appointed as manager at Moores Rowland, where he became a partner in 2003. Schalk received his Postgraduate Certificate in Advanced Taxation in 2006 and in 2009 he received his Certificate in the Administration of Estates.


Professional experience:

Cedric started as a trainee at Warner and Newton (which became Moores Rowland in 1997 and Mazars Moores Rowland in 2007), Bloemfontein, in 1986. After completion of his articles, he joined the Special Investigations Division of the Department of Finance (SA Revenue Services) as a senior inspector from 1990 to 1991.


Professional experience:

Lucha started her career as a tax inspector at the Inland Revenue Department of New Zealand. After this she worked in commerce in Canada, Mexico and the United States.

On her return to South Africa, she completed her CA training contract with us and has been with Newtons ever since. She became a Partner in 2012.

Apart from her CA(SA) qualification she also holds a postgraduate certificate in Advanced Taxation (2005) and has the overall responsibility for training as our Training Officer.