SMTAX

Change Your Company's Financial Year-End
Quick & Easy - R450/once-off 

Click on the "Get Started" button, complete the online form, and we will handle all the paperwork and correspondence to SARS. The process is completed in 3 - 7 days.


Service Includes:
→ Director Amendment Application
→ Board Resolution Templates
→ CIPC Correspondence & Audit Assistance
→ Post-submission Guidance & Support

Click Here to Get Started

No Fixed Contracts | Cancel Any-time | Trusted by +70 000 SMEs

Rated  5-star by entrepreneurs

Stars

"Very easy and user friendly to use so if there was a 10 star rating it would have gotten it from me for the service I recieved" 

Warren Frieselaar

Stars

"It was quick and hassle free less than 10min. Keep it that way.thanks SMTAX"

Gert Louw 

Stars

"SMTAX is very helpful and easy to apply quick & fast"

Nkululeko Sithole

Stars

"Easy online application. Totally affordable rates for small business , personal human response when making contact. Stuck to deadlines indicated.""

CEO: Homemade CPT

Stars

"The service i received from Smtax was professional and the representative I spoke with was patient and answered all my questions. Great service and very convenient."

Sonwabe Mhletywa

Stars

"It was a wonderful experience working with you guys. Thank you so much, hoping to work with  you guys again. I received all my documents, and I am currently waiting for Nedbank to call me regarding the business account. Thank you so much, you deserve my 5 stars."

Kgosi Lentswe Macogo

Stars

"The service i received from Smtax was professional and the representative I spoke with was patient and answered all my questions. Great service and very convenient."

Sonwabe Mhletywa

What is a Financial Year End Change?

A financial year-end change is the process of updating your company’s registered financial year-end to better align with your operational, reporting, or tax planning needs. Businesses may choose to change their financial year-end to match group structures, seasonal trading cycles, investor requirements, or internal management processes. Once the change is lodged and accepted by CIPC, your future company reporting and compliance timelines will follow the new financial year-end.


How is it processed?
The change is lodged online through CIPC using your customer profile and company details. CIPC allows a company to change its financial year-end only once during a particular financial year, and the new date may not create a financial year longer than 15 months. The current financial year-end must not already have passed, and the new year-end must be later than the date the notice is filed. Once accepted, you can generate updated disclosure information, and you should also ensure your SARS records reflect the approved change where required.

Why is a Financial Year-End Change Important?
    • Aligns Your Reporting Period: Updating your registered financial year-end helps bring your company’s official reporting cycle in line with how the business operates.
    • Supports Better Group and Compliance Planning: It can help align your company with group reporting dates and make annual compliance more manageable.
    • Prevents Filing Issues Caused by Incorrect Dates: Keeping your CIPC records accurate reduces confusion around annual reporting periods and related compliance obligations.

How does the process work?

Apply Online

Click on the "Get Started" button and submit your application. It takes less than 2 minutes.

Send Documents

Shortly thereafter, you will received an email requesting supporting documents e.g. Director ID's

Make Payment

Our billing team will send you an invoice for payment. Once payment is made send the POP to billing.

Amendment Filed

We'll file your CIPC amendment, and you'll get confirmation within 3 working days.

Click Here to Get Started

Financial Year-End Change Add-Ons

Tax Clearance PIN

Obtain your Tax Clearance Pin for R450, ensuring your business is compliant and trustworthy.

Learn More

Public Officer

Register as a Public Officer for your entity at R450, allowing you to access and manage SARS eFiling profile.

Learn More

Income Tax Return

Submit your company's income tax return and get expert guidance on how to minimise your tax.

Learn More

Financial Statements

Get a professional accountant to draft and sign off on your company's annual financial statements.

Learn More

PAYE Registration

Register for Pay-As-You-Earn (PAYE) and UIF if your company will be employing staff.

Learn More

VAT Registration

Register for Value Added Tax (VAT) if your business turnover exceeds R1 million per year.

Learn More

SARS Compliance

 Maintain your Tax Compliance Status from R200/month, safeguarding against penalties and audits.

Learn More

SME Bookkeeping

Enabling growth through financial tracking with SME Bookkeeping services starting from R1 500/month.

Learn More

Why Choose Us?

Accredited Professionals 

Our team of professionals comprises accredited professionals (SAICA, CIBA & SAIT). This ensures our work meets the highest professional and ethical standards.

Human Support

While we love technology, we believe in the power of human relationships. A dedicated account manager and expert(s) will answer your questions within 24 hours - guaranteed.

Fast & Simple

By leveraging technology, we reduce the manual "paperwork" burden. This allows us to offer a faster turnaround time without compromising technical accuracy.

Level 1 B-BBEE Contributor

SMTAX is a 100% Black-owned, Level 1 B-BBEE professional services firm. Partnering with us supports your own B-BBEE scorecard while receiving world-class accounting support.

Incentives & Savings

Our tax specialists look for industry-specific tax incentives and allowances that your business may be eligible for. We ensure you are taking advantage of tax incentives to reduce your tax liability.

No Hidden Fees

Traditional accounting firms often bill by the hour, leading to "invoice shock" at the end of the month. At SMTAX, we offer transparent and affordable pricing as your company grows.

Click Here to Get Started

Join +70,000 small business owners who trust SMTAX 

Since our inception in 2015, we've worked with some amazing companies. In our journey to ensure financial transformation, we've had the pleasure of working with Old Mutual, ABSA, FNB, Nedbank, and Standard Bank.

Standard Bank
Old Mutual

Meet Our Customers

Stars

"Very easy and user friendly to use so if there was a 10 star rating it would have gotten it from me for the service I recieved" 

Warren Frieselaar

Stars

"It was quick and hassle free less than 10min. Keep it that way.thanks SMTAX"

Gert Louw 

Stars

"SMTAX is very helpful and easy to apply quick & fast"

Nkululeko Sithole

Stars

"Easy online application. Totally affordable rates for small business , personal human response when making contact. Stuck to deadlines indicated.""

CEO: Homemade CPT

Stars

"The service i received from Smtax was professional and the representative I spoke with was patient and answered all my questions. Great service and very convenient."

Sonwabe Mhletywa

Stars

"It was a wonderful experience working with you guys. Thank you so much, hoping to work with you guys again. I received all my documents, and I am currently waiting for Nedbank to call me regarding the business account. Thank you so much, you deserve my 5 stars."

Kgosi Lentswe Macogo

Stars

"The service i received from Smtax was professional and the representative I spoke with was patient and answered all my questions. Great service and very convenient."

Sonwabe Mhletywa

Frequently Asked Questions

  1. Click Start Company Registration and complete the application.
  2. Directors complete online ID verification (no certified copies required).
  3. We send an invoice; you pay by card or EFT/ATM deposit.
  4. We submit to CIPC and send your registration documents when approved.

  1. Private Companies (PTY Ltd): The most common and simplest form of company to be registered. Examples are engineering firms, consulting firms, retail and general trading companies.
  2. Non Profit Companies (NPC): Are created for public benefit, or communal or group interest. A NPC requires at least 3 founders.
  3. A Personal Liability Company (Inc): Required by doctors, auditors and lawyers. Personal Liability is similar to a private company however directors have personal liability.
  4. Co-Operative (Co-op): A jointly-owned and controlled enterprise created for the purpose of achieving common economic, social, or cultural needs.

Firstly, it’s important to understand the difference between a Sole Proprietorship and a registered company. If your business is not currently registered, then you are operating as either a Sole Proprietor. A Sole Proprietorship means that your business functions and exists in your own personal capacity, and not as a legal entity. 


A company that has been registered with the CIPC is commonly referred to as a Private Company, and usually ends with the suffix ‘(Proprietary) Limited’ or ‘(Pty) Ltd’. Once registered, the business is treated by South African law as a separate legal entity.

If you are not happy with the service, you can cancel anytime and we'll refund your money. 

To access the SMTAX Community, simply follow these steps:

  1. Sign Up: Visit our website and create an account if you haven’t already.
  2. Log In: Use your credentials to log into your account.
  3. Join the Community: Navigate to the 'Community' section in your dashboard and follow the prompts to join.
  4. Stay Updated: Engage with discussions, access resources, and connect with other members.

Feel free to reach out if you need further assistance!

By being part of the SMTAX community you get great discounts from our partners such as Xero, Old Mutual and many more.

A Private Company is suited for most businesses looking for limited liability protection, with restrictions on share transfers and no obligation to publicly disclose financial information. A Personal Liability Company, on the other hand, is primarily used by professionals like attorneys and doctors, where directors and past directors remain liable for the company's debts.

As fast as 48 hours after payment and successful ID verification, depending on CIPC processing times. 

Absolutely! If you encounter errors or discrepancies during your registration application, our experienced team is here to assist in correcting and resubmitting the necessary information to ensure your registration or compliance process continues smoothly.

You’ll receive your company registration documents digitally via email, plus package items like share certificates and BBBEE affidavit.

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Accreditation

SARS : PR-0088934
SAIT: 33071887
SAIBA: SAIBA3845
SAICA: 30684830

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Locations


Cape Town: 

7th Floor West Office Tower, Canal Walk, Century City, Cape Town, 7441 


Knysna:

TH15.1 Long Street, Thesen Habour Town, Knysna, 6571


Durban:

21 Aurora Drive, Umhlanga, Durban, 4031


Made with ♥ in South Africa | Proudly Level 1 BBBEE | Copyright 2024 - All Rights Reserved.


Disclosure: SMTAX is a private company providing paid assistance with registrations and compliance. We are not affiliated with CIPC, SARS, the Department of Labour, CIDB, CSD, or any government authority. Official outcomes (where applicable) are issued by the relevant authority.