How Compliance & Reporting Works
Staying compliant with SARS and CIPC doesn’t have to be complicated. Here’s how Action Accounts manages your compliance and reporting efficiently:
Assess Your Business
We review your company’s compliance status, tax registration, CIPC filings, and payroll obligations.
Collect Required Information
We gather financial documents and company information to ensure accurate and up-to-date reporting.
Prepare Reports
Our team prepares financial reports, tax submissions, and compliance documents in line with SARS and CIPC requirements.
Submit & File
We handle all electronic submissions to SARS and CIPC, ensuring deadlines are met and avoiding penalties.
Ongoing Monitoring
We continuously monitor your obligations and keep you updated on any regulatory changes that may affect your business.
What We Will Need for Compliance & Reporting
To keep your business fully compliant with SARS and CIPC, please prepare the following documents for submission and reporting:
1. Financial Statements
Your latest balance sheet, income statement, and cash flow statement to ensure accurate reporting and compliance.
2. Tax Registration Details
Copies of your company’s tax reference numbers, PAYE, VAT registration numbers, and any relevant SARS correspondence.
3. Payroll Records
Employee payroll information including salaries, benefits, deductions, and any UIF/SARS filings.
4. Company Registration Documents
A copy of your company registration certificate, memorandum of incorporation (MOI), and CIPC filings if applicable.
5. Bank Statements
Recent bank statements for all business accounts to verify transactions and support accurate reporting.
6. Supporting Compliance Documents
Any agreements, contracts, or additional records relevant to financial compliance, tax obligations, or statutory filings.
Peace of Mind: With Action Accounts, you never have to worry about missed deadlines, incorrect filings, or non-compliance penalties.