Why Should You file Annual Returns at Corporate Affairs Commission (CAC)/The Importance of Entity’s Annual Returns at CAC – The following are important while making your Company annual returns at CAC – CAC Annual Returns Form, Annual Returns Filing In Nigeria, Filing Of Tax Returns In Nigeria, Corporate Affairs Commission Statutory Fees, Procedure For Filing Tax Returns In Nigeria, Procedure For Filing CAC Returns In Nigeria and Annual Return Of Company.
The Importance of CAC Annual return.
Table of Contents
This post is to highlight to you why you should make your entities annual returns annually. This annual return is a legal administrative process carried out by the entity’s key officers or their agent with the legal forms accompanied with relevant entity documents and statutory fees made to CAC. Why Should You file Annual Returns at Corporate Affairs Commission (CAC)/The Importance of Entity’s Annual Returns at CAC
Why Should You file Annual Returns at Corporate Affairs Commission (CAC)/The Importance of Entity’s Annual Returns at CAC.
The following entities must submit their annual returns to CAC regularly.
- Private company limited by Shares
- Private unlimited company
- Public company limited by shares
- Public unlimited company
- Company limited by guarantee
- Registered Enterprises
- Registered Ventures
- Registered Partnerships
- Joint Ventures
- Non-Governmental Organisations such as religious groups, town/community meetings, volunteer organisations, empowerment organisations, social movements, Trade/professional Associations, Social Clubs, Sports Organisations, Charitable organisations, Cultural/ethnic/kinship organisations.
Why Should You file Annual Returns at Corporate Affairs Commission (CAC)/The Importance of Entity’s Annual Returns at CAC.
WHY DO YOU FILE YOUR ANNUAL RETURNS AT CAC
There are reasons why you must regularly make your annual returns filings at the Corporate Affairs Commission Nigeria. Here are the reasons.
- It’s statutory and therefore mandatory. The company and allied matters Act provides that this must be done annually.
- This returns indicates that your organisation is not dormant but active – that’s a going concern
- Without this annual return you can not make any changes in the incorporation documents – change of address, shareholding, authorised share capital, change of directors or changes in trustees and consitutions or memorndmum of associations.
- Non-regular annual returns and payments attracts penalties.
- With uptodate annual return filing, your entity will not be de-listed from the company register
- In some cases uptodate returns at CAC is requied to bid for government contracts.
Click here for details:
How to file your CAC annual returns.
Why Should You file Annual Returns at Corporate Affairs Commission (CAC)/The Importance of Entity’s Annual Returns at CAC.
WHAT WE CAN DO FOR YOU NOW!
As CAC accredited consultants, these are the things we can do for you and with them your business challenges are all over.. Contact us immediately.
- Name Search And Reservation – New Companies And Enterprises
- Incorporation – New Companies, Incorporated Trustees – NGOs, Clubs, Churches, Meetings And Associations.
- Registration of Business Name – New Business Names, Enterprises And Partnerships
- Domestication of Foreign Companies – For Old And New Foreign Companies
- Post Incorporation Documentations – A Lot To Be Done For You Here:
(1) Filling Of Annual Returns For All Entities – Private, Public (Plc), NGOs Etc.
(2) Change Of Directors, Trustees, Partners, Secretaries Etc.
(3) Change In Share Holding Ratios,
(4) Then, Change In Registered Address,
(5) Change Of Name In Whichever Class Of Entity
(6) Changes In Authorised Share Capital,
(7) And, Changes In Memorandum And Article Of Associations,
(8) Changes In Ngo/Club/Churches Constitutions,
(9) Liquidation Processes,
(10) Conversion From Limited Co, Plc, Unlimited Co. To Any Other Type,
(11) Replacement Of Lost Documents – Certified True Copy
You are required to immediatly call to contact Complete Full Marks Consultants Limited on +234 8034347851 [email protected] for your business needs.
Complete Full Marks Consultants Limited as an accounting, auditing, taxation and business consulting firm assists clients with business information; incorporate clients companies and name registration at CAC Nigeria, prepares clients business plans, tax clearance certificates, and assist clients obtain mining licenses. Get more tax matters here
Why Should You file Annual Returns at Corporate Affairs Commission (CAC)/The Importance of Entity’s Annual Returns at CAC.
Finally, do you desire professional services on Business plan and feasibility study, C.A.C.Incorporation, Accounting and Auditing, Tax Management, Mining, travels and tours, feasibility analysis, real estate management, then contact [email protected] or +234 8034347851.
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
