COID Registration and Letter of Good Standing R1399
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067 177 1229 TODAY
Winner Entrepreneur Ilembe Chamber of Commerce 2013
Labour Practitioner number UP8779509717
CONTACT US FOR YOUR LETTER OF GOOD STANDING
Do you need a COIDA Letter of Good Standing ? R1399
A COID Letter of Good Standing is a compulsory requirement for all businesses that employ one or more employees in South Africa.
Any company cannot trade legally without COID Registration as well as a Letter of Good Standing. One cannot tender for any trade opportunities without a Letter of Good Standing and being registered for COID.
Furthermore, you will be held personally responsible for costs relating to an injury on duty.
This is where we come in. Domestic UIF will facilitate the COID Registration and Letter of Good Standing application on your behalf.
We keep the admin to a minimum and make sure you receive your Letter of Good Standing in no time.
Please apply now and we will get started immediately.
To get your COID Letter of Good Standing simply follow the 3 EASY steps below.
Step 1
Step 2
Please use your full name or company name as a reference. You can call and chat with us at any time.
The Registration Company: FNB
Account Number: 62837323675
Branch Code: 250655 FOURWAYS
Step 3
payment to us. We will contact you and start registration immediately.
register@domesticuif.co.za
Choose the package best suited to your company needs and contact us. We will take it from there!
1. What is the Compensation Fund and when must a business register for it?
The Compensation Fund also known as Workman’s Compensation or COIDA (Compensation for Occupational Injuries and Diseases Act) is a government institution put in place to protect employees and employers should an injury/disease/death occur to any employee "in the line of duty".
According to labour law as soon as a business employs a worker (can only be one), the business must register with the Compensation Fund.
2. Does the business or the employees register with the Compensation Fund?
The business is registered with the Compensation Fund. The Compensation Fund registration number is registered in the business name and will stand until de-registered.
3. What are the consequences for my business if I am not registered with the Compensation Fund?
Apart from being non-compliant to labour laws laws the business can face huge fines or even prosecution for not complying with the Act . The business can be held responsible for huge amounts of money due to claims relating to injury on duty, diseases or death from an employee.
4. What happens after my business has been registered with the Compensation Fund?
A Return of Earnings form must be submitted to COIDA annually. Based on the amount of earnings (salaries) paid to employees and members, and the category the business falls under an assessment will be raised and become payable.
5. What do I need to do and what does Coida Letter SA do?
WE DO ALL THE REST AND YOU GET YOUR LETTER OF GOOD STANDING. NOW ONLY R1499
6. Can I get a letter of good standing once registered?
Once the assessment(s) has been paid a letter of good standing will be issued.
WE WILL GET THE LETTER OF GOOD STANDING ISSUED ASAP - Registration and Letter of Good Standing R1399