Stay compliant and maintain your organization's good standing by filing your CAC annual returns:
Filing Fees for LPs
Our Process
Choose a Service: Select your business type and complete the secure online payment.
Provide Information: Submit your entity details and documents.
Process Your Filing: We process your annual returns with the CAC.
Receive Confirmation: Get confirmation of your annual return filing and legal compliance.
Why Choose us?
Fast & Easy: File in minutes with our simple platform.
Expert Support: Work with CAC-accredited agents and Chartered Secretaries to ensure a smooth filing process.
Transparent Pricing: Enjoy clear, upfront pricing with no hidden fees.
Secure: Your information is protected.
Key Features of Annual Returns for Limited Partnerships
Here are the features of Annual Returns Filling with the CAC:
Legal Compliance: Filing annual returns is a statutory obligation under the Companies and Allied Matters Act (CAMA). Ensures Partnership remains in good standing with the CAC.
Access to Post-Incorporation Services: Filing annual returns is mandatory for Limited Partnerships to access essential CAC services, including updating partnership details, obtaining Certified True Copies (CTC), making changes to the registered address, etc.
Filing Timeline: For a Limited Partnership (LP), the annual returns must be filed with the Corporate Affairs Commission within 60 days of the closure of its financial year.
Updates Public Records: Filing annual returns ensures that the Limited Partnership's details, such as the partners, business nature, and registered address, are accurate and up-to-date in the public registry.
Ease of Filing: The CAC online portal has simplified the process. All that is required is to employ the services of an accredited agent, to carry out the filing on your behalf.
Separate from Taxes: Annual returns are distinct from tax filings handled by the Federal or State Inland Revenue Services. They focus solely on corporate compliance, not taxation.
Requirements for Filling Annual Returns for Limited Partnership (LP)
Key details required for filing CAC annual returns include:
Limited Partnership Details: Provide the LP's Registration Number, Limited Partnership name in full, General Nature of Business, Principal place of business, and Branch Address (if any).
Annual Return details: Provide the financial year covered, along with the total turnover (gross income) and net asset value at the end of the year.
Particulars of Partners: Provide the full name, designation, nationality, date of birth, gender, contact details, occupation, identity information, and addresses of individual partners. For corporate partners, include the entity name, registration number, and full address.
Financial Statements: Attach the financial statements for the year of return as supporting documentation.
Certification: A general partner must certify the accuracy of the information provided by signing and dating the declaration.
Benefits of Filling Annual Returns For Limited Partnership (LP)
Here are the key advantages of regularly filling Annual Returns with the CAC:
Ensures Legal Compliance: Filing annual returns keeps your Limited Partnership compliant with Nigerian law, avoiding fines, penalties, or deregistration.
Avoid Being Marked 'Inactive': Filling annual returns prevents the Limited Partnership from being marked as inactive by the CAC, which could limit operations and legal recognition.
Avoids Penalties for Late Filing: The Commission imposes penalties for late filing, which must be paid when rectifying the filing situation.
Avoids Striking Off from the Register: A Limited Partnership may be struck off the register of companies if the business has failed to file returns for 10 consecutive years.
Ease of Future Regulatory Processes: Regular compliance can simplify obtaining other regulatory approvals, renewing licenses, or making changes to the structure or operations.
Enhances Credibility: Filing annual returns demonstrates accountability and professionalism, increasing trust with clients, investors, and partners.
File Annual Returns for Limited Partnership (LP) in Nigeria
Here's how SplashDict's CAC-accredited Chartered Secretaries can Assist with Annual Returns Filings:
Annual Returns Filing: We handle the submission of your Limited Partnerships' annual returns to the CAC, ensuring compliance with all regulatory requirements.
Documentation Preparation: Our team prepares and reviews all required documents, including details of partners and financial information, to ensure seamless filing.
Filing Fee Included: Our service package includes all applicable CAC filing fees, with no hidden charges.
Submission and Processing: We manage the entire filing process to ensure swift and accurate submission.
Document Delivery: Receive official CAC documents, including acknowledgment of your LP's annual returns and updated compliance status.
Compliance Monitoring: We track and remind you of your filing deadlines to help you avoid penalties and maintain compliance.
Ongoing Support: We provide continuous support for all your corporate statutory filings and compliance needs.