Workman’s Compensation
Navigating Financial Success Together
The Compensation for Occupational Injuries and Diseases (COID) fund provides financial compensation to employees who suffer work-related injuries or occupational diseases. All businesses employing staff are required to register for COID with the Department of Labour.
To register for Workman’s Compensation, the following documents and information are required:
Company or Close Corporation (CC) registration documents
Nature of business and activities
Certified ID copies of all members or directors
UIF number (if applicable)
PAYE number (if applicable)
Total number of employees
Estimated total annual earnings of all employees
Date each employee was appointed
The Workman’s Compensation registration process typically takes 5–21 working days. However, this may take longer if the Department of Labour is experiencing a high volume of applications.
Once your application is approved, you will receive a Notice of Assessment/Invoice (W.As.6).
Cost for COID Registration: R 1199.00
COID PACKAGE: COID Registration and Letter of Good Standing: R 1599 SAVE R 299