On an annual basis an annual return need to be submitted to CIPC. In this electronic return you confirm the following information :
1. Directors of the company OR members of the closed corporation
2. Address of the company OR closed corporation
3. Addresses all directors of the company OR members of the closed corporation
4. The accounting officer OR Auditor of the company or closed corporation
5. Contact information
The CIPC annual return need to be submitted in the month that the company or closed corporation has been registered.
If one fail to submit an annual return to CIPC it can be deregistered by the registrar of companies.