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The Compensation for Occupational Injuries and Diseases Act, (130 of 1993), or The COID Act in South Africa, requires all employers, who employ one or more employees, to register with the Compensation Commissioner within 7 working days from the date of first employment. Ever been in situation when you wanted to end/quit your business which was once a success and meant a lot to you due to headaches of SARS/COIDA Audits and appeals from debts or errors? If you facing that challenge, no need to worry as we can be on your aid to revive your business to its good standing so you can continue with your daily running of the business.
We follow the quickest possible route via our COIDA Office Relationships. Normally COIDA AUDITS takes 5 working days to register a company for COIDA, but due to the Covid epidemic these timeframes current stretches anywhere between 5-21 days. If you are COIDA 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.
The mission of COIDA is to compensate Employees for disablement caused by occupational injuries, diseases sustained, contracted in the course of their employment. Furthermore is to compensate their dependents for death resulting from such injuries. To ensure that a reasonable payment of medical expenses incurred is done.