Does my company need to file to CIPC in iXBRL

The following companies are required to file with CIPC in iXBRL

All Public Companies
State owned companies
Non-profit entities
Any entity with a Memorandum of Incorporation that prescribes filing of audited AFS
Any entity that held assets to an aggregate value of R5-million or more, in a fiduciary capacity for persons not related to the company at any time during the previous financial year
Any entity that compiles its AFS internally, and with a Public Interest Score greater than 100
Any entity that compiles its AFS externally, and with a Public Interest Score greater than 350

Calculate your Public Interest Score

No of Points

Number of employees:

a number of points equal to the average number of employees of the company during the financial year

3-rd Party Liability in Rand at year end

one point for every R1 million (or portion thereof) in third party liability of the company, at the financial year end

Turnover in Rand during financial year:

one point for every R1 million (or portion thereof) in turnover during the financial year

Profit Company / Non-Profit Company

Profit Company: Total beneficial interest holders:

one point for every individual who, at the end of the financial year, is known by the company- to directly or indirectly have a beneficial interest in any of the company's issued securities

Non-Profit Company: No of Members/Members of an association that is a member

one point for every individual who, at the end of the financial year, is known by the company- o be a member of the company, or a member of an association that is a member of the company

TOTAL NUMBER OF POINTS

INDEMNITY:

This calculator is provided for guidance purposes only. Ince does not accept any responsibility for the incorrect use of the calculator or for any actions taken based on the outcome thereof.

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