Dissolution of Incorporated Trustees

NGN20,000

Filing a Notice for the dissolution of Incorporated Trustees informs the CAC of the legal dissolution of your non-profit, ensuring your organization's records are accurately updated and compliant with regulatory requirements.

CAC filing fees included.
Receive acknowledgment of filing.
Receive updated CAC Status Report.
3 to 7 business days processing time.

Service Fee (All inclusive):

NGN20,000

Key Features of Annual Returns for Incorporated Trustees

Legal Compliance: Filing annual returns is a statutory requirement under the Companies and Allied Matters Act (CAMA), ensuring trustees remain compliant with Nigerian law and maintain their legal recognition.
Access to Post-Incorporation Services: Filing annual returns is necessary to access vital CAC post-registration services, such as obtaining documents, updating Trustee Particulars, or changing the registered office address.
Filing Timeline: Registered Incorporated Trustees in Nigeria, whether active or dormant, must file annual returns between June 30th and December 31st for the preceding financial year.
Updates Public Records: Filing ensures the trustee organization's details, including its executives, objectives, and registered address, are accurate and updated in the CAC public registry.
Penalties for Non-Compliance: Failure to file annual returns may result in penalties, suspension of operations, or deregistration of the incorporated trustees by the CAC.
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.

Get Started

Requirements for Dissolution of Incorporated Trustees

Incorporated Trustee Information: Registration Number, Business name in full, Nature of business, and Date of the change (dd/mm/yyyy).
Applicant: At least 50% of the members, the CAC, the Governing Council, or one/two trustees must be involved in the application.
Reason for Dissolution: Clearly state the reason for the dissolution of the Incorporated Trustee.
Court Order: Provide the date of the court order for dissolution and Certified True Copy (CTC) of the court order for the dissolution of the association.
Updated Annual Returns Filing: Before filing for any Post-registration changes, ensure that all annual returns for the Incorporated Trustees are up to date.
Authorization: The application must be signed by the trustees, secretary, or an authorized representative of the Association.

Discover CAC Post-Registration Service

Benefits of Incorporated Trustees Registration

Benefits of Filling Annual Returns For Incorporated Trustees

Ensures Legal Compliance: Filing annual returns ensures your incorporated trustees comply with Nigerian law, avoiding penalties, fines, or deregistration.
Avoid Being Marked 'Inactive': Filling annual returns prevents the Trustee 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 Trustee may be struck off the register of companies if it 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.

Get Started

File Annual Returns for Incorporated Trustees in Nigeria

Here's how SplashDict's CAC-accredited Chartered Secretaries can assist you:

Annual Returns Filing: We handle the submission of your incorporated trustees' annual returns with the CAC, ensuring compliance with regulatory requirements.
Documentation: All documents are carefully prepared and verified for accuracy.
Compliance Monitoring: We track and notify you of your filing deadlines to ensure compliance.
Transparent Pricing: No hidden charges—all CAC and filing fees are included.
Quick Turnaround: Receive your updated Status Report within 3 to 7 business days.
Ongoing Support: We provide continuous support for compliance and future statutory needs.