The COIDA provides a system of no-fault compensation for employees injured or who contract diseases during the course of their employment. “No-fault compensation” is a legal rule that an aggrieved party is entitled to compensation without having to prove any other party was at fault for the accident.
To obtain a Letter of Good Standing (LOGS) in South Africa, follow these steps:
- Registration: Ensure that you are registered with the Compensation Fund as an employer. If you haven’t registered yet, you need to do so by completing the necessary forms and submitting them to the Compensation Fund.
- Compliance: To be eligible for a Letter of Good Standing, you must be compliant with the requirements of the Compensation for Occupational Injuries and Diseases Act. This includes submitting accurate and timely payroll declarations, paying the necessary contributions, and adhering to other legal obligations.
- Application: To apply for the Letter of Good Standing, you can visit the official website of the Compensation Fund or contact them directly to request the application form.
- Complete the application form: Fill out the application form with all the required information. Ensure that all details provided are accurate and up-to-date.
- Supporting documentation: Prepare any supporting documents that may be required, such as proof of payments, payroll records, and other relevant documents that demonstrate your compliance with the Act.
- Submission: Submit the completed application form along with the supporting documentation to the Compensation Fund. This can often be done online, by mail, or in person at a regional office.
- Processing: The Compensation Fund will review your application and supporting documents to verify your compliance.
- Issuance: If your application is successful and your compliance is confirmed, the Compensation Fund will issue a Letter of Good Standing.
Where do I find my Coida number?
Where does a company get a Letter of good standing?
When must you register for Coida?
What documents do I need to claim Coida?
Is Coida and letter of Good Standing the same?
Who should register with Coida?
Top 15 Online Courses and Degrees to improve your employability
Technology and Computer Science Online Courses and Online degrees:
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These courses and degrees are designed to equip individuals with in-demand skills across various sectors, enhancing employability and providing valuable certifications. Whether interested in technology, data science, business, or other areas, these online resources offer flexible and comprehensive ways to learn and advance in your career.