Apply for a Letter of Good Standing with the Help of MAKROSAFE

A letter of good standing is a certificate that is required by many companies ' many rely on this particular certification. The purpose of such a letter is to prove that the company actually exists. It is provided by the compensation commissioner who can also confirm that all debts have been paid by the business. There is a correct procedure to follow to apply for a letter of good standing. Only companies that are registered with the compensation fund can apply for such a letter. This particular fund is designed to protect employees from potential negative impacts of occupational illness, injury or death.

All earnings statements must be presented to the fund for thorough inspection. The business is then assessed and any outstanding debts, as per the Act must be settled. Only then can the letter be handed over.

There are, of course, various requirements that a business needs to meet with when being assessed, in order to obtain their certification. At MAKROSAFE, we specialise in assisting companies to comply with these requirements and obtain their required letter with relative ease. We will handle all of the admin for you and ensure that at the end of the process, you are provided with a certificate that is valid for one year.

Not all letters of good standing are the same. There are options for you to choose from. One of the popular options is that of applying for the letter on a payment plan. This means that an initial 20% deposit is required and thereafter you can pay off the amount for the assessment over 2 to 6 months. Monthly instalments are a great option for companies that have limited cash flow. Alternatively, you can opt to pay the fee in one lump sum when you apply for the letter, if you can afford to do so.

When turning to MAKROSAFE for assistance when you apply for a letter of good standing, you will find our team friendly, knowledgeable and helpful. We will ensure that everything is done to prepare your letter for you and our steps to ensure that your business becomes compliant can benefit your business not just immediately, but long term too. At MAKROSAFE, it is not just about obtaining a piece of paper ' it is about protecting your staff members and business too. Contact us via email or telephone to discuss your needs and get the application process started.