Annual Returns For Business Name

NGN5,000.00

File Annual Returns for Business Name with CAC

Stay compliant by filing annual returns for your Business Name (Sole Proprietorship & General Partnership). Avoid penalties, maintain legal status, and keep your business active. Let SplashDict's CAC-accredited experts handle the entire process for you.

Filing of Annual Returns for Business Name with CAC.
All CAC filing fees included—no extra charges.
Receive CAC Annual Returns Acknowledgment Letter.
Quick Turnaround: Processing time of 2 to 10 business days.

Complete on Whatsapp

Benefits of Sole Proprietorship Business Name

Key Features of Annual Returns for Business Name

Legal Compliance: Filing annual returns is a statutory obligation under the Companies and Allied Matters Act (CAMA), ensuring business names remain compliant and recognized by the CAC.
Filing Timeline: Business Names, whether active or dormant, must file annual returns by June 30th each year (excluding the year of registration) to avoid penalties and maintain legal recognition.
Penalties for Non-Compliance: Failure to file on time may result in fines or legal restrictions, including being marked as inactive on the CAC register.
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.
Access to Post-Incorporation Services: Filing annual returns is necessary to access vital CAC post-registration services.
Updates Public Records: Filing ensures that the business name's details, such as the registered address and proprietor information, are accurate and up-to-date in the CAC public registry.

Requirements for Filing Annual Returns of Business Names with CAC

Business Name Details: This includes the full Business Name and Registration Number.
General Nature of Business: This includes the Principal Business Activity—Classifications 1 and 2—and the Principal Activity Description.
Principal Place Of Business and Branch Address (if any): This includes the House/Building Number, Street Name, City/Town/Village, LGA, State, and Postcode.
Particulars of Proprietor/Partners: This includes Full names (Surname, First Name, Other Names), Nationality, Date of birth, Gender, Telephone number, identity number and type, email address, occupation, residential address (full details), service address (full details), as well as the proprietor/partner's signature and the date of signing.
Particulars of Corporate Partner (if applicable): This includes the name of the corporate body, its registration number, and the corporate partner's full address.
Annual Return Details: This includes Financial Year Start and End (e.g., January 1, 2024 - December 31, 2024), Turnover in Naira (₦), and Total Net Assets in Naira (₦).
Authentication: Should be authorised by a proprietor, partner or any authorised person.

Get Started

Benefits of Sole Proprietorship Business Name Registration

Benefits of Filing Annual Returns for Business Name

Stay Legally Compliant: Filing annual returns ensures your business name remains compliant with Nigerian law, avoiding fines, penalties, or deregistration.
Avoid Being Marked 'Inactive': Filing annual returns prevents the business 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.
Access to Post-Incorporation Services: Filing annual returns is necessary to access vital CAC post-registration services.
Ease of Regulatory Processes: Simplifies regulatory approvals, license renewals, or structural changes in the future.
Enhances Credibility: Demonstrates accountability and professionalism, increasing trust with clients, investors, and partners.

Business Name Post-Registration

File Annual Returns for Business Names in Nigeria

Here's how SplashDict's CAC-accredited Chartered Experts Can Assist You:

Annual Returns Filing: We file your Business Name’s annual returns with the Corporate Affairs Commission (CAC) on your behalf.
Documentation: We prepare and review all required documents for accuracy.
Transparent Pricing: All CAC filing fees are included—no extra charges.
Quick Turnaround: Receive your CAC Annual Returns Acknowledgment Letter within 2 to 10 business days.
Continuous Support: We assist with future compliance and statutory needs.