Your COIDA Registration Partner
Fast-Track Your COIDA Compliance: COIDA Registration, Letter of Good Standing, and Discounted COIDA Packages.
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Expert Accountants, registered with SAIBA, CIMA, and SAIT, is an accredited SARS Tax Practitioner.
Our COIDA and Letter of Good Standing Services
We are experts in Workmans Compensation Fund Registration & Services and assist businesses in all industries to become COIDA compliant and obtain a COIDA Letter of Good Standing for Tenders and Contracts all over South Africa.
COIDA Registration
Our COIDA Experts understand COIDA legislation and regulations and can assist to ensure your company is COIDA compliant and that your employees are covered for injuries on duty.
COIDA Letter of Good Standing
Need a COIDA Letter of Good Standing Certificate to apply for a Contract or Tender? Our COIDA Expert will ensure your Returns of Earnings is submitted and COIDA Certificate obtained in record time.
Want to know more about COIDA Online Registration in South Africa?
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Expert COIDA & Letter of Good Standing Services. Fast and Easy COIDA Compliance!
Advantages of our COIDA Services:
Covered
If you are COID registered at the Workmans Compensation Fund, your Company and Employees will be covered in the case of any workplace injuries. This includes all medical expenses (up to 2 years), temporary total disablement (TTD), permanent disablement (PD), funeral costs, pension for the injured Employee or in the case of fatal, pension to the Dependents of the deceased.
Letter of Good Standing for Tenders
Once you are Registered with COID, you will be able to apply for a Letter of Good standing. As most Tenders and Contracts require you to have a Letter of Good Standing from the Workmans Compensation Fund, you will have more business growth options.
About Us
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50 000+ Clients assisted since 2006
COIDA Division is a dedicated segment within Company Partners.
We are your trusted partner in COIDA registration, having assisted over 50,000 South African entrepreneurs since 2006.
Specializing in COIDA registration and Letters of Good Standing, our guiding principle is “Guide, Assist, Prosper”. We support South African entrepreneurs by facilitating COIDA registration, ensuring compliance and protection for their businesses.
Being the experts in multiple industries, our COIDA services comply with all industry regulators in South Africa.
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Frequently Asked Questions
What are the Advantages an Employer have after registering for COID?
If any Employee gets injured on duty; or becomes sick with ‘Occupational Diseases’, the Employer will be protected against civil claims. Most contracts and tenders require that the Company needs COID Registration and a Letter of Good Standing before he / she can apply for any contracts / tenders. For example when you are starting a Construction Company.
What are the Employee Advantages?
Employees who get injured on duty or those who contracted occupational diseases can claim compensation for temporary or permanent disablement. These claims will be awarded according to the degree of disablement or death by the Department of Labour.
They will also be covered for reasonable medical aid expenses arising out of an injury on duty. This compensation is payable for a period of two (2) years or longer if further medical treatment is needed and if it will reduce the extent of disability.
What is the mission of COID / COIDA?
To compensate Employees for disablement caused by occupational injuries / diseases sustained / contracted in the course of their employment. Or to compensate their dependents for death resulting from such injuries / diseases. To pay the reasonable medical expenses incurred.
What is an Assessment fee exactly?
It is the annual payment which is paid by the Employers to the Compensation Fund to cover Employees who are injured at work.
Who in South Africa must register with the Compensation Fund?
All Employers who employ one or more part-time or full-time Employees must register with the Compensation Fund.
Components included in a Letter of Good Standing?
This letter is issued to the Employer who meets the following criteria:
1. COID Assessment fully paid up
2. Installment arrangement honored
The Employer is regarded to be in good standing when:
- registered with the Compensation fund / COID
- submitted annual returns
- paid assessment in full
- report accidents timeously
What is a letter of good standing?
A Letter of Good Standing from COIDA certifies that a business is up-to-date with its COIDA contributions and fees and has no outstanding penalties or payments. This letter is often required for contract tenders, business loans, and compliance audits.
What exactly is COIDA?
COIDA stands for the Compensation for Occupational Injuries and Diseases Act. It’s a South African law that provides compensation to employees who are injured or contract diseases during the course and scope of employment. It protects both employees and employers by ensuring workers get compensated for work-related injuries or illnesses without needing to sue their employer.
View our COIDA online registration and other services. Discover how we can assist today.
What are the benefits of working with a COIDA expert?
- Expertise in Compliance: They know the ins and outs of COIDA, ensuring your business complies with the latest regulations.
- Time and Cost Efficiency: Experts streamline the registration and claim process, saving your business time and money.
- Claims Assistance: Where offered, they can help manage and submit claims, maximizing the chances of successful compensation without you having to waste your time following up everyday.