If you've registered a company with CIPC some time ago and forgot about it, that company could land you in hot water with SARS. Even if the company is not actively trading and has no assets or liabilities, you still have a duty to submit its tax returns to SARS. Failure to do so can result in administrative penalties that will continue to re-occur on a monthly basis until the submission of the tax returns.
But don't worry, TaxTim can help you bring your dormant company up to date with SARS with our Dormant Company Tax Return service. Here's what you get:
Our pricing is simple and affordable:
To get started, simply click on the "Try us free" button and sign up for a TaxTim account. Once you're logged in, select the Dormant Company Tax Return service and follow the instructions. It's that easy! With TaxTim, you can ensure that your dormant company is tax compliant and avoid any unnecessary penalties.
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