Evolve Audit & Advisory

Evolve Audit & Advisory We specialize in assurance and advisory services. We love all things financial that create a headache for you. TAX, AUDIT, ACCOUNTING, PAYROLL, STATUTORY
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Miss the date, pay the price. Missing this timeline triggers automatic, monthly administrative penalties. Skip the last-...
03/09/2026

Miss the date, pay the price. Missing this timeline triggers automatic, monthly administrative penalties. Skip the last-minute rush and the heavy fines.

051 403 1900
[email protected]
evolveaa.co.za

The Free State is finally shedding its winter coat and coming alive with fresh growth. Today is all about new beginnings...
01/09/2026

The Free State is finally shedding its winter coat and coming alive with fresh growth. Today is all about new beginnings, warmer days, and brighter horizons.

Compliance can be a strategic strength. Proactively managed compliance protects organisations from risk, improves access...
27/08/2026

Compliance can be a strategic strength. Proactively managed compliance protects organisations from risk, improves access to funding, maintains eligibility for opportunities and partnerships, and enables your business to thrive responsibly.

We can assist you in all company compliance matters. Our expertise and years of experience will not only unlock all these benefits for you but will also save your company a great deal of time, hassle, and costs – now and in the long run.

051 403 1900
[email protected]
evolveaa.co.za

For almost all businesses, essential compliance includes at the very least the requirements of the Companies and Intelle...
24/08/2026

For almost all businesses, essential compliance includes at the very least the requirements of the Companies and Intellectual Property Commission (CIPC), the South African Revenue Service (SARS) and the Department of Employment and Labour (DEL)

051 403 1900
[email protected]
evolveaa.co.za

According to the Free Market Foundation, “Across an estimated 150,000 SMEs, the aggregate cost of compliance is estimate...
20/08/2026

According to the Free Market Foundation, “Across an estimated 150,000 SMEs, the aggregate cost of compliance is estimated at R270 – 450 billion annually, equating to roughly 4 – 6% of GDP.”

The report continues: “For a medium-sized enterprise, direct compliance expenditures, including internal compliance staff, external advisors, licencing and filing fees, and reporting systems, range from R1.4 million to R3 million per year. When indirect costs (diversion of management time, lost strategic opportunities, risk mitigation activities) are included, the total annual burden may easily double.”

051 403 1900
[email protected]
evolveaa.co.za

Local businesses are subject to ever more regulatory obligations that are not only increasingly complex but also constan...
17/08/2026

Local businesses are subject to ever more regulatory obligations that are not only increasingly complex but also constantly changing, demanding ever more human and financial resources.

051 403 1900
[email protected]
evolveaa.co.za

Unpaid tax debt can be collected by SARS directly from a company’s bank account or another third party, like a client. D...
13/08/2026

Unpaid tax debt can be collected by SARS directly from a company’s bank account or another third party, like a client. Deregistration at CIPC means the company loses legal standing to contract, and this can result in, for example, the company’s bank account being closed by the financial institution.

051 403 1900
[email protected]
evolveaa.co.za

- Written employment contracts and policies aligned with the Basic Conditions of Employment Act (BCEA), the Labour Relat...
10/08/2026

- Written employment contracts and policies aligned with the Basic Conditions of Employment Act (BCEA), the Labour Relations Act (LRA), the National Minimum Wage Act (NMW) and any applicable sectoral determinations are critical.

- UIF registration is mandatory within 21 days after appointing the first employee who works at least 24 hours a month, using the DEL’s uFiling portal.

- The COIDA (Compensation for Occupational Injuries and Diseases Act) requires registration with the Compensation Fund to provide workplace injury compensation. Businesses must submit an annual Return of Earnings (ROE) to the DEL, declaring employees’ earnings, even in years with no incidents, to keep the crucial Letter of Good Standing valid.

051 403 1900
[email protected]
evolveaa.co.za

- Income tax: Companies are automatically registered for income tax when incorporated with CIPC, but compliance still re...
06/08/2026

- Income tax: Companies are automatically registered for income tax when incorporated with CIPC, but compliance still requires submitting income tax returns annually, as well as provisional tax returns twice a year where applicable, while keeping accurate financial records and paying tax liabilities on time.

- Employee taxes: From the day your first employee starts, employee income tax (PAYE), Unemployment Insurance Fund contributions (UIF), and the Skills Development Levy (SDL) must be declared and paid monthly via the EMP201 return.

- VAT: VAT registration is mandatory once annual taxable supplies exceed R2.3 million in any 12-month period. Voluntary registration is allowed when taxable supplies exceed R120,000. VAT compliance typically means bi-monthly or monthly VAT201 submissions, accurate invoicing and strict record-keeping.

051 403 1900
[email protected]
evolveaa.co.za

- Registration: CIPC registers and maintains records of private companies (Pty Ltds) and close corporations (CCs) in Sou...
03/08/2026

- Registration: CIPC registers and maintains records of private companies (Pty Ltds) and close corporations (CCs) in South Africa.

- Legal standing: CIPC compliance gives your business a legal registration number, recognition as a juristic person, the standing to contract with clients and institutions, and the ability to open a business bank account.

- Annual returns: Every registered company must submit annual returns (and other documents) to CIPC within 30 business days of its registration anniversary to confirm the business is active and to disclose annual turnover. Beneficial Owner Registers must also be filed annually or when beneficial ownership changes occur.

Consequences of non-compliance include late filing penalties, being marked as a non-compliant company, and – after two consecutive years of non-submission – possible deregistration. Deregistration can invalidate contracts and result in bank accounts being frozen.

051 403 1900
[email protected]
evolveaa.co.za

Address

32 Reid Street, Westdene
Bloemfontein
9300

Opening Hours

Monday 07:45 - 16:45
Tuesday 07:45 - 16:45
Wednesday 07:45 - 16:45
Thursday 07:45 - 16:45
Friday 07:30 - 15:00

Telephone

+27514031900

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