Do you need a "Letter of Good Standing"?
If you are applying for tenders or working as a contractor (especially in construction, security, or transport), your clients will withhold payment without this letter.
Important: You cannot get this letter unless your WCA registration is active, your annual "Return of Earnings" is submitted, and your assessment is paid.
Protect Your Employees & Your Business
The Compensation for Occupational Injuries and Diseases Act (COIDA) protects you from civil claims if an employee is injured on duty. It is mandatory for all employers who employ one or more part-time or full-time employees.
Registration (W.As.2)
We submit your registration to the Compensation Fund to get your C-Number (Reference Number).
Return of Earnings (W.As.8)
Every year (usually April), we must declare the total salaries paid to your staff to calculate your risk assessment.
Assessment & Payment
The Fund issues an invoice based on your payroll and industry risk class. This must be paid to clear your account.
Letter of Good Standing
Once compliant, we generate your valid Letter of Good Standing immediately.
Required Documents
To register your business with the Compensation Fund:
- COR14.3 (CIPC Registration)
- IDs of all Directors (Certified)
- Description of Business Activities
- Bank Confirmation Letter
- Number of Employees
- Estimated Annual Payroll
Need a Letter of Good Standing?
Don't let admin delay your tenders. Contact us to get registered fast.
darryll@tax911.co.za