Mmegi

CIPA generates P88m on company registrations, restorations

Profitable: CIPA has generated P88 million from company registrations and restorations,
Profitable: CIPA has generated P88 million from company registrations and restorations,

Companies and Intellectual Property Authority (CIPA) has generated P88 million from company registrations and restorations, Mmegi has learnt.

The revenue stems from the authority’s structures fees that businesses must pay to comply with regulatory requirements.

CIPA charges P150 (excluding P20 name reservation) for business name registrations while external companies registration is P4, 600. Company registrations is P360 (excluding P20 name reservation), and a P2, 000 company restoration fee with an additional P500 for annual returns.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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