Annual Returns For Company

Annual Returns For Company

NGN5,000.00

File Annual Returns for Company with CAC

Stay compliant by filing annual returns for your Company (Small, Private, Public, and Guarantee) with the Corporate Affairs Commission (CAC). Avoid penalties, maintain legal status, and keep your company active. Let SplashDict’s CAC-accredited experts handle the entire process for you.

  • Filing of Annual Returns for Company 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.

  • *Company type:

    *Filing Year(s):

    *Filing Year(s):

    *Filing Year(s):

    Price already includes the Late Filing Fee.

NGN5,000.00

Key Features of Annual Returns for Companies

  • Legal Compliance: Filing annual returns with the Corporate Affairs Commission (CAC) is a statutory requirement under CAMA 2020, ensuring a company remains in good standing.

  • Proof of Business Continuity: Filing annual returns affirms a company's operational status, preventing assumptions of inactivity or dissolution.

  • Mandatory for CAC Services: Companies must file annual returns to access essential post-incorporation services, including share transfers and corporate updates.

  • Filing Timeline: Companies (except small companies) must file annual returns within 42 days after their Annual General Meeting (AGM). The first AGM must be held within 18 months of incorporation, with subsequent AGMs no more than 15 months apart.

  • Small Company Filing Requirement: Small companies, that have an annual turnover of ₦120 million or less and net assets not exceeding ₦60 million, are exempt from AGMs but must file annual returns by December 31st each year.

  • Company Information Update: Filing keeps company details—such as directors, shareholders, and registered office address—accurate and up to date in public records.

  • Penalty Avoidance: Late or non-filing can result in regulatory sanctions, financial penalties, and possible delisting from CAC records.

  • Separate from Tax Filing: Annual returns focus on corporate compliance and are distinct from tax filings, which are managed by tax authorities.

  • Exemptions: Newly registered companies are exempt from filing for the first 18 months after incorporation.

Requirements for Filing Annual Returns of Companies

  • Company Details: This includes Company Name, Company Address, Total Share Capital, Date of Company registration, Date of Annual General Meeting, Classification codes (1 and 2), Description of the principal activity, Company type, and Date of resolution.

  • Particulars of Indebtedness: Total indebtedness of the company, particularly for any mortgages or charges required to be registered with the CAC.

  • Particulars of Turnover & Net Assets: This includes Total Turnover and Total Value of Net Assets.

  • Directors, Shareholders, and Secretary Information: Confirm and update details of directors, shareholders, and company secretary (if applicable).

  • Persons with Significant Control (PSC): This includes 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.

  • Issued Share Capital Details: Provide Total Share Capital (₦): The value of the company’s issued share capital and Description of the share types (e.g., Ordinary, Preference, etc.).

  • Financial Statements (if applicable): For companies (excluding small companies), financial statements approved at the AGM must be submitted.

  • Certification: The application must be signed by a company director, secretary, or authorized officer, and accompanied by certified financial statements (if applicable) and required certificates.

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Benefits of CAC Company Annual Returns Filing

  • Avoid Being Marked 'Inactive': Filing annual returns prevents the company from being marked as inactive by the CAC, which could limit operations and legal recognition.

  • Avoids Penalties and Striking Off: Timely filing prevents penalties and ensures your company remains on the CAC register.

  • 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.

Company Post-Incorporation

File Annual Returns for Companies in Nigeria

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

  • Filing of Annual Returns of Company: We file your Annual returns with the CAC on your behalf.

  • Documentation: We handle all Filing documents. 

  • Transparent Pricing: CAC and our Filing fees are included with no hidden charges.

  • Quick Turnaround: Receive official annual returns acknowledgment within 2 to 10 business days.

  • Continuous Support: We assist with future compliance and statutory needs.

File Your Returns Today and Stay Compliant!

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