COID Registration

South Africa ,Western Cape,Cape Town
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Service Details

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.

*Timeframes: We follow the quickest possible route via our COIDA Office Relationships. Normally COIDA 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.

What are the Main Advantages of COIDA Registration?

Firstly, Your Company Is Covered. 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.

Secondly, You Need a Letter of Good Standing for Tenders: Once you are Registered with COIDA, you will be able to apply for a Letter of Good standing. As most Tenders and Contracts requires you to have a Letter of Good Standing from the Workmans Compensation Fund, you will have more business growth options.

Additional Workmans Compensation Fund Services follows:

  • Compensation Fund Claims
  • Return of Earnings
  • Letter of Good Standing

Why does all Companies need COIDA Registration?

Before you can get a Letter of Good Standing from the Compensation Fund, you need to be ‘COIDA Registered’. This basically means that the Compensation Fund lists you on their database as a South African Company who has a work environment that is safe for Employees to work in. And if an Employee gets hurt, his / her medical expenses will be covered by the Workmans Compensation Fund. If an Employer is registered with the Compensation Fund as per section 80 of the COID Act, he / she can apply for a Letter of Good Standing from the Compensation Fund. Your Letter of Good Standing states that you are in good standing with the Compensation Commissioner and you have met all their requirements. It can be used for all Tenders and Contracts requesting it.

What is the COIDA Registration Online Process?

(1) COIDA Offices: We visit the Compensation Fund’s offices in Pretoria on your behalf to complete the correct forms, wait in the lines, meet with an official and make sure that your Compensation Fund Registration is successful.
(2) Start using your COIDA Registration Number: Our COIDA Department will ensure your COIDA Registration is successful in the quickest possible timeframe.
(3) Letter of Good Standing: You will then be able to apply for a Letter of Good standing – we can assist with this as well.

What are the Employer Advantages?

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 COIDA 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 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?

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.

Letter of Good Standing Info:

This letter is issued to the Employer who meets the following criteria:

1. COIDA Assessment fully paid up
2. Installment arrangement honored

The Employer is regarded to be in good standing when:

– registered with the Compensation fund / COIDA
– submitted annual return of earnings
– paid assessment in full
– report accidents timeously

Services Offered
  • Our COIDA Specialist will do your COIDA Registration online within 1 week
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Service Provider
Alpha Gold

Online

Member Since Jan 2023


support@alphagold.solutions

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Service Availability
  • Monday08:00 AM - 06:00 PM
  • Tuesday08:00 AM - 06:00 PM
  • Wednesday08:00 AM - 06:00 PM
  • Thursday08:00 AM - 06:00 PM
  • Friday08:00 AM - 06:00 PM
  • Saturday08:00 AM - 06:00 PM
  • Sunday08:00 AM - 06:00 PM

Related Services

Service Provider
Alpha Gold

Online

Member Since Jan 2023


support@alphagold.solutions

xxxxxxxx95


Service Availability
  • Monday08:00 AM - 06:00 PM
  • Tuesday08:00 AM - 06:00 PM
  • Wednesday08:00 AM - 06:00 PM
  • Thursday08:00 AM - 06:00 PM
  • Friday08:00 AM - 06:00 PM
  • Saturday08:00 AM - 06:00 PM
  • Sunday08:00 AM - 06:00 PM