The Companies and Intellectual Property Commission (CIPC) regulates compliance with the Companies Act, and failure to comply may result in compliance notices being issued, fines being imposed, or the company being de-registered. It is therefore best to keep this checklist handy to avoid any unintended consequences.
The checklist set out above only provides a cursory glance at the compliance requirements affecting private companies. It is recommended that private companies engage and retain professional advisers to “take care of the paperwork”.