The Annual Renewal Fee is the annual charge to cover the continued use of the company, resident, commercial bank account and documentation that we have to declare to the authorities and institutions in South Africa. An Annual Return (CIPC) is a statutory form in terms of the Companies and Close Corporations Acts. If an Annual Return is not filed, the CIPC will assume that the company and/or close corporation is not doing business or does not intend to do business in the near future.