Annual Returns for Business Name

From: NGN20,000

File Annual Returns for Business Name (Sole Proprietorship or Partnership) with CAC

Keep your Business Name active and compliant by submitting Annual Returns to the Corporate Affairs Commission (CAC). Returns must be filed on or before June 30th each year, covering the previous calendar year.

Failure to file on time may result in your Business Name being marked “inactive” on the CAC portal, attracting penalties and affecting your legal standing.

  • *Select Filing Year:

    *Late Filing Fee:

Service Fee (All inclusive):

From: NGN20,000

File Annual Returns for Business Names in Nigeria

Here’s how SplashDict’s CAC-accredited experts assist you:

  • Filing & Documentation: We prepare and submit your Business Name’s annual returns to CAC, managing all necessary documents.

  • Official Update: Receive a CAC acknowledgment letter confirming your annual returns filing.

  • Transparent Pricing: Includes CAC filing fees, late penalties (if applicable), and professional handling; no hidden charges.

  • Fast Processing: Completed within 1 to 7 working day(s), subject to CAC approval.

  • Ongoing Support: Our Chartered Secretary and corporate services team provide ongoing expert help for regulatory and statutory needs.

Why File Annual Returns for Your Business Name with CAC?

Annual Returns are a mandatory requirement under the Companies and Allied Matters Act (CAMA) 2020 for all registered Business Names (Sole Proprietorship or Partnership), regardless of activity status. This statutory filing ensures your business remains legally recognized, compliant, and eligible for CAC post-registration services.

  • Legal Compliance: Fulfills CAMA obligations, keeping your Business Name in good standing with the Corporate Affairs Commission (CAC).

  • Maintain Active Status: Avoid an “Inactive” status (marked in red) that can hamper your business’s credibility and operational capacity. Filing promptly restores and maintains your status as “Active” (in green).

  • Required for Post-Registration Filings: You must file annual returns before the CAC will approve any post-registration changes like: Change of business address, Change of proprietor(s) or details, Change of business name or nature of business, etc. 

  • Avoid Penalties: Failure to file by June 30th each year (excluding the year of registration) attracts a penalty and default fee. Filing promptly avoids unnecessary financial and legal risks.

  • Demonstrate Transparency & Good Governance: Shows accountability to regulators, stakeholders, banks, and clients, reinforcing trust and credibility for your Business Name.

  • Preserve Access to Services: Maintain access to loans, grants, permits, and other benefits that require evidence of compliance with CAC regulations.

Requirements for Filing Annual Returns of Business Name with CAC

  • Filing Timelines: Annual returns must be filed on or before June 30th each year, excluding the year of registration.

  • Business Details: The business name, CAC registration number, registered office address, and nature of the business must be provided.

  • Proprietor/Partner Details: Full names, contact addresses, phone numbers, and valid identification of all proprietors or partners associated with the Business Name.

  • Financial Information: Total Turnover and Net Assets for the financial year being reported (if available).

  • Authentication: The return must be signed by a proprietor, partner, or any authorized representative of the Business Name.