Letter Of Good Standing

COID Registration and Letter of Good Standing R1399
URGENT 5 day COID Service R2499
Audit removal - request quote
Category change request quote
Return of Earnings R799

CALL US ON 067 177 1229 TODAY

Winner Entrepreneur Ilembe Chamber of Commerce 2013

CONTACT US FOR YOUR LETTER OF GOOD STANDING

SIMPLY FOLLOW THE THREE EASY STEPS BELOW AND WE WILL DO THE REST

01

Step 1

Complete the CONTACT US form above and indicate the product you are enquiring about. Alternatively, give us a call or WhatsApp us on 067 177 1229 regarding the service you require.

We will send you an invoice.

02

Step 2

Make payment for the product of your choice. The banking details are below.

Please use your full name or company name as reference.

THE REGISTRATION COMPANY FNB ACCOUNT 62837323675 Branch Code 250655 or FOURWAYS

03

Step 3

EMAIL or WhatsApp your proof of payment to us. We will contact you and start registration immediately.

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?

You need to send us the director/s ID copies as well as your Company Documents. We will email you the COIDA forms and assist you with completing them.
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 1399*****