If your company or close corporation ceases to operate, you may deregister it with the Companies and Intellectual Property Commission (CIPC). It can also be dissolved as result of liquidation.
Deregistration implies that a business ceases to be registered as either a company or close corporation (no legal persona or standing) since it no longer is doing business and it has no outstanding assets or liabilities.
Liquidation means that the business ceases to operate (generally as a result of financial problems). If your business has assets, liabilities or both, then you may have to follow the liquidation route.
Find out more about deregistering or liquidating a company from the Companies and Intellectual Property Commission (CIPC) or contact CIPC on 012 394 9973.