Problem with practice numbers of auditors

Subsequent to the introduction of our electronic auditor change, it is encouraging to note that this process has received an overwhelming reception. As part of monitoring and evaluation of our new processes to ensure customer satisfaction and continual improvement, we have observed some teething problems which we are busy attending to. Cognisance should be given to the following: Problem with practice numbers of auditors

Compliance requirements – companies act, 2008 as amended

Background A workshop was held on 27 March 2015 by the Corporate Compliance and Disclosure Regulation Unit (CCDR) of the Companies and Intellectual Property Commission (CIPC), at the DTI Campus. It was quite evident during the discussion session that the accounting professional bodies are not in compliance with the Companies Act and its regulations when it comes to matters relating to annual reporting and regular reporting of reportable irregularities as prescribed in Regulation 29 (3); (6-8) and (12).

Compliance requirements – companies act, 2008 as amended

Pending review of the Companies and Close Corporation re-instatement process (CoR40.5)

The CIPC will be embarking on a review of the companies and close corporations re-instatement process and documentary requirements during its next financial year (1 April 2015 to 31 March 2016). A request has been received for the withdrawal of the requirement to submit the so called “no objection” letter from National Treasury and CIPC has agrees to such request.

Pending review of the Companies and Close Corporation re-instatement process (CoR40.5)

Patent Registration

Please note that: In terms of Section 41 of the Nuclear Energy Act, 1999 (Act 46 of 1999), patent applicants are required to immediately notify the Minister of Energy, of any application for a patent in respect of an invention with regard to the production or use of nuclear energy, or production, processing or use of nuclear material or restricted matter lodged with the Registrar of Patents:

Patent Registration