If a private company has a PI Score of between 100 and 350, and AFS are independently compiled, then AFS do not need to be submitted to CIPC?

Yes, But Financial Accountability Supplement (FAS) must be submitted online.

Disclaimer:

Please note that the information provided does not constitute legal or professional advice, but rather the applicability of existing theory to a given practical situation. Due care is taken to ensure that the information is correct, but it remains subjective and an interpretation of application of information.