Stay compliant and maintain your organization's good standing by filing your CAC annual returns:
Annual Returns of Companies
₦20,000.00
Filing Annual Returns for Small Companies, Other Private Companies, Guarantee Companies, and Public Companies ensures compliance with CAC regulations.
- CAC Filing Fees included.
- Copy of Annual Returns Acknowledgment.
- Copy of CAC Status Report.
- 3 to 7 business days processing time.
Filing Fees for Companies
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 Companies
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 companies remain in good standing with the CAC.
Access to Post-Incorporation Services: Filing annual returns is mandatory to access essential CAC services, including share transfers, obtaining Certified True Copies (CTC), updating business details, appointing or removing directors, and changing registered addresses.
Filing Timeline: Companies must file annual returns within 42 days after the AGM. The first AGM must be held within 18 months of incorporation, with subsequent AGMs no more than 15 months apart.
Annual returns for the preceding year must be filed by June 30th of the following year.
Filing Timeline for Small Companies: Small companies are not required to hold AGMs. Instead, they must deliver their annual returns to the CAC by December 31st of each year.
A small company has an annual turnover not exceeding ₦120 million and net assets value not exceeding ₦60 million.
Updates Public Records: Filing ensures the company's details (e.g., directors, shareholding structure, 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 Companies
Key details required for filing CAC annual returns include:
Company Details: Provide the full registered name, RC number, annual return date (14 days after AGM), business classification (principal and specific activities), company type, registered office address, and head office address (if different).
Officers of the Company: Include details of the Secretary - can be individual or corporate (name, registration number, address, and contact) and Directors (name, date of birth, nationality, address, business occupation, and contact details).
Share Capital and Ownership: Detail issued share capital (classes, nominal value, unpaid amounts), rights attached to shares (voting, dividends, capital participation, redemption), total indebtedness (registered mortgages), and a list of current and past shareholders (shares held, transfer dates, and changes since the last return).
Financial Information: Small companies must provide turnover and net asset details (total and in words). Non-small companies are required to submit certified copies of balance sheets and directors' reports for the year.
Persons with Significant Control (PSC): Provide the name, address, date of birth, nationality, and means of identification. Indicate if the PSC holds at least 5% of shares, voting rights, or has significant influence over the company.
Certification: The form must be signed by a company director, secretary, or authorized officer, and accompanied by certified financial statements (if applicable) and required certificates.
Benefits of Filling Annual Returns For Companies
Here are the key advantages of regularly filling Annual Returns with the CAC:
Ensures Legal Compliance: Filing annual returns keeps your company compliant with Nigerian law, avoiding fines, penalties, or deregistration.
Avoid Being Marked 'Inactive': Filling annual returns prevents the company from being marked as inactive by the CAC, which could limit operations and legal recognition.
Avoids Penalties for Late Filing: The Commission imposes penalties on companies for late filing, which must be paid when rectifying the filing situation.
Avoids Striking Off from the Register: A company may be struck off the register of companies if the business is in default of filing returns for 10 consecutive years.
Ease of Future Regulatory Processes: Regular compliance can simplify the process of obtaining other regulatory approvals, renewing licenses, or making changes to the company's structure or operations.
Enhances Credibility: Demonstrates accountability and professionalism, increasing trust with clients, investors, and partners.
File Annual Returns for Companies 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 company's annual returns to the CAC, ensuring compliance with all regulatory requirements.
Documentation Preparation: Our team prepares and reviews all required documents, including directors' details, shareholding structure, and other statutory information, for 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 annual returns and updated company status reports.
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.