Extension of submission of Financial Statements

On Monday we reminded subscribers of the 30 June deadline for the submission of financial statements where their financial year ended on 28 February.

Subsequently, we received a number of enquiries about applying for an extension of this deadline.

The FSB website states the following:

1. Extensions

An application for an extension to submit financial statements can be submitted to the Registrar in terms of section 4(1) of the FAIS Act by:

1.1 Preferred method – a request submitted electronically via the FSB’s FAIS Online system. To submit a request for extension, log onto the FAIS Online system on the FSB’s website and apply for extension online.
1.2 Send a facsimile to (012) 422 2973. Specify the FSP number and the word “Extension” on the front page of the fax. Please do not use any other fax number.
1.3 Send an email to It is important that you include the word “Extension” as well as the FSP number in the subject line in order to expedite the request.

A request for extension must be done 15 days prior to the submission date. Please note that extension will not be granted if any financial statements or compliance reports are outstanding.

The FSB finance department has confirmed that they use the same account details that are used for Levy payments.

The current fee for requesting an extension is R574.00.

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