Vatco Consulting Services
Register Your Business for COIDA & Stay Compliant
We help you register for COIDA (Workmen’s Compensation) so your business meets all legal requirements and protects employees.
Providing Quality Services
with Experienced Consultants
1. Schedule A Consultation
Visit our website and schedule a consultation with one of our experienced accountants.
2. Discuss Your Financial Goals
Our team will sit down with you to discuss your financial needs and goals, and develop a customized plan to achieve them.
3. Watch Your Business Thrive
We’ll work with you to implement the plan and ensure that your business is thriving financially.
Contact us at the Vatco nearest to you or submit a business inquiry below.
What Is COIDA?
COIDA stands for the Compensation for Occupational Injuries and Diseases Act. It requires all businesses with employees to register with the Compensation Fund, also known as WCA (Workmen’s Compensation Assurance).
The purpose of COIDA is to provide financial support to workers who are injured, become ill, or die due to work-related activities — and protect employers from liability.
Why Register for COIDA?
✅ It’s a legal requirement for all employers in South Africa
âś… Essential for tender applications or compliance audits
âś… Ensures employee protection in case of accidents
âś… Avoids penalties and legal claims
What’s Included in Our COIDA Registration Service?
Company registration with the Department of Employment & Labour
Submission of required forms (W.As.2 & W.As.8)
Registration confirmation and WCA reference number
Assistance with your first COIDA assessment
Guidance on compliance documents and future renewals
Step-by-Step: How Vatco Handles COIDA Registration
Information Collection: You submit basic company and employee details
Document Submission: We complete and file COIDA registration forms with the Department of Labour
Confirmation: We provide your COIDA registration certificate and WCA reference number
Post-Registration Support: We advise on future assessments and getting a Letter of Good Standing
What Documents Are Needed?
Company registration certificate (COR14.3)
Director’s ID & proof of address
Number of employees and salary breakdown
Business physical address
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Frequently Asked Questions
FAQs: COIDA Registration
What is the difference between WCA and COIDA?
COIDA is the law. WCA refers to the process of registering with the Compensation Fund under this law.
What services does the Department of Labour provide?
They register companies for COIDA, assess premiums, manage compensation claims, and issue Letters of Good Standing.
How much does COIDA cost?
The cost depends on your employee salaries and risk classification. Annual assessments determine your premium.
Who qualifies for COIDA?
All employees (including temporary staff) are covered under COIDA. Employers must register to provide this coverage.
How do I know if I qualify for the Compensation Fund?
If you employ anyone and they perform physical or mental work for pay, you must register and they qualify for cover.
How is compensation calculated?
It’s based on the employee’s earnings and the degree of disability or injury. Compensation may include medical aid and lost income.
How much can I get for compensation?
It varies by case — but payments may include medical costs, monthly income, or lump sums, depending on the injury.
How do I ask for compensation from a company?
Employees must report the injury, complete W.CL forms, and submit a claim via their employer to the Compensation Fund.
What is the maximum compensation for unfair dismissal?
Unfair dismissal compensation is different from COIDA and is handled via the CCMA, up to 12 months’ salary in most cases.
Can I claim unfair dismissal?
Yes, but unfair dismissal is not a COIDA matter. It’s addressed through CCMA or Labour Court processes.
