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do you run the risk of closing shop because you dont know how to file for annulations most different some of us know a number of reasons companies May potentially run out of business however not knowing how to file for annual returns should never be one of them because its really simple and Im gonna show you how to do it in todays video all you need is to gather all your financial records such as your statements and receipts highlighting your Revenue expenses profit and losses then you can either file your ratings on the cipc portal or have someone file them for you it is a legal requirement for any business registered under the South African cipc portal to file their annual Returns on a yearly basis as this helps ensure that companies are operating transparently and following the law but overall this helps trick the companys Financial Health and determine its taxable income so if you fail to file your returns within the stipulated time frame you could end up facing penalties or h