Annual Financial Statements – Dormant Company

For companies that have not traded at all during the financial year with no more that 20 transactions during the year (to accommodate bank charges)

R1 500.00

What we will need from you

We will need the following documents and information from your:

Identity document of each existing and new director (including resigning directors)
Company Registration document
Limited Power of Attorney signed by all directors (existing, new and resigning) (We will supply this)

What's included in this service?

Applicable to companies that have less than 10 transactions during the financial year.

A dormant company is a company that is registered with the CIPC (Companies and Intellectual Property Commission) that is not actively trading.

A company that is dormant must still file tax returns with SARS and annual returns with the CIPC

Our Annual Financial Statements preparation service for dormant companies includes the following:

A full set of annual financial statements that includes the following:

  • Cover page
  • Table of contents
  • Directors reports
  • Accountants report (Compilers report). Note that if you are an accountant, we can include your report
  • Statement of Financial Position (Balance Sheet)
  • Statement of Comprehensive Income (Income Statement)
  • Statement of Cash Flows
  • Statement of Changes in Equity
  • Accounting Policies
  • Notes to the Financial Statements

 

 

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Because you need to be needed by the needer of the needy.

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