How To Register Your Company For UIF & CF Using BizPortal



Unforeseen circumstances that lead to a loss of income can be devastating for many people. The Unemployment Insurance Fund in South Africa ensures that workers can access short term financial relief if they require it, by asking employers to contribute towards the Fund. 



BizPortal is a platform developed by the Companies and Intellectual Property Commission (CIPC) to offer company registration and related services in a simple and seamless digital way which is completely paperless.

It was developed in response to improving the ease of doing business in South Africa, specifically, starting a business.

The CIPC (Companies and Intellectual Property Commission), in collaboration with the South African Revenue Services (SARS), the Unemployment Insurance Fund (UIF), Compensation Fund (CF), B-BBEE Commission, .ZADNA, and South African Banks have all partnered with BizPortal. 

Here is how to register your company on BizPortal for UIF and CF: 

  1. Login into BizPortal's website.
  2. Head to the Services Section of the website.
  3. Click on Compensation Fund tab or the Unemployment Insurance Fund tab.
  4. Fill in the questionnaire that asks for details, such as the number of employees you have and which sector your business operates in. 

Once you've completed the questionnaire, you should have successfully applied for UIF and CF. Be careful with filling out the questionnaire; make sure to select the options that apply to you and to fill in the correct details

You must have more than one employee to be able to register your business on BizPortal, and they must have worked for more than 24 hours a month.  

If your company has been deregistered, you will not be able to apply for UIF or the Compensation Fund. 

Suggested Article:

Employee claims UIF illness benefit

Some working professionals find it difficult to stay away from the office when they are ill due to a number of reasons. If they are an employed contributor to the Unemployment Insurance Fund, they are entitled to claim their illness benefit.





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