15/10/2026
Minister Parks Tau has officially launched the 's upgraded Beneficial Ownership module, signaling a crackdown on non-compliant South African businesses.
Here is what every company owner needs to know:
⚠️ Upcoming legislative amendments will allow the CIPC to deregister companies that fail to file beneficial ownership information for two consecutive years.
⚠️ CIPC will soon have the power to issue administrative fines directly for non-compliance.
⚠️ Deregistration freezes business bank accounts and voids corporate standing.
Ensure your business remains active and fully compliant:
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