Article: More companies closing down: Stats SA

Well, my CC that I kept on the back burner was closed by CIPRO, minimising the chances that I'll ever open a business and create some extra jobs.
 
jes said:
More companies closed down in January 2011 compared to the same month last year, Statistics SA said on Tuesday.

You can view the page at http://mybroadband.co.za/vb/content.php/2379-More-companies-closing-down-Stats-SA
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Yes it is the CIPRIO auto deregistering at work. Even my old Company dating back to 1992 was deregistered. No way am I going to pay someone every year, for something that has already been funded by taxes, to keep the Company open. All my taxes and other responsibilities were in order. Lucky I removed all assets ahead of time. The other Co I was glad to get rid of, due to co-directors not doing their part. So now if I ever do business again it is going to be under the radar.
It is very short-sighted for CIPRIO to try and fund them outside the tax basis. Lately they have just shown themselves as being highly unreliable with the number of CO’s that were high jacked. Opened themselves completely for crooks that have been successful in the countries CIPRIO copied the idea from. Low IQ = Low service delivery
 
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