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 086 100 2472 .
