This is how to file CAC Annual Returns with Our 2023/24 Template

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This is how to file CAC Annual Returns with Our 2022/23 Template – Are you due to render your C.A.C. annual returns for this year? Are you having difficulties in making the returns? Now, we make it simple for you. Note that This is how to file CAC Annual Returns with Our 2022/23 Template

What is C.A. C. Annual Returns all about?

Table of Contents

As a matter of fact, this is all bout these related matters. So, it’s all about CAC annual returns form and how to file annual returns with CAC online for 2022/23 returns. Then, how to pay C.A.C annual returns through remita for annual returns forms for business names and NGOs. Others are for limited liability companies and public limited liability companies (Plc). I hope you are following now. So, let’s continue.

Who makes C.A.C. Annual Returns?

This is simple to know. And that is that every association registered with Corporate Affairs Commission – C.A.C. must render annual returns to it. In fact, it’s like marking an annual attendance register. So, the following must render these annual returns;

Enterprises – Business names
Limited Liability companies – limited by share
Limited liability companies limited by guarantee
Public Limited liability companies
Incorporated Trustees – These are the social clubs, churches, town meetings, and other NGOs.
This is how to file CAC Annual Returns with Our 2022/23 Template

What are the Requirements for C.A.C. Annual Returns:

In fact, every business class has its own requirements. However, the requirements are similar and some may be confused with it. that is why we have it here in their various classes.

For Enterprises (Registered Business Names)

Duly completed appropriate Annual Returns forms
The annual return form signed by the proprietors, and/or by a director and secretary of the company
Submitted – completed form – for verification and assessment
Payment of the required annual returns filing fee
Obtain and keep the receipt/teller as evidence of payment
Submissions of the completed forms with proof of payment to the commission officials
An acknowledgment will be issued by the CAC after filing and processing.

Note:

The annual return should be filed not later than the 30th day of June each year except the year of registration
Afterward, the penalty for late filing of annual returns for registered business names is applicable.

For Companies

Duly completed appropriate Annual Returns form
Provision of Audited Financial Statement signed by a licensed practicing chartered accountant and two Directors or Director and Secretary of the company. Except for companies that qualify as small companies.
Submit the completed form for verification and assessment
Payment of the required annual returns filing fee through the CRP portal
Obtain and keep the receipt/teller as evidence of payment
Submit the completed form with proof of payment to the Commission officials
An acknowledgment will be issued by the CAC after filing and processing.
This is how to file CAC Annual Returns with Our 2022/23 Template

Note:

These annual returns must be filed with the Commission immediately after 42 days of the holding of the annual general meeting for the year
Companies’ annual return filing should be between July and 31st December each year except for the year of incorporation
Penalty has to be paid for late filing of annual return if defaulted.

For Incorporated Trustees

The Requirements for filing annual returns of incorporated trustees include the
following:

duly completed annual return form
payment of fees
Filing should be between July and 31st December each year except year of incorporation

Note: Penalty for late filing of annual returns for Trustees apply.

Annual Report by Exempted Foreign

On the other hand, company Annual report by an exempted foreign Company shall disclose the following

Place/country of registration
Date of registration and certificate number
And, Principal place of business in place/country of registration
Share capital of the company (if any)
Principal place of business in Nigeria
Date of exemption
Then, Description of business in Nigeria
Expected date of completion of business in Nigeria
Name and address of each director, partner or other principal officer of the company since the date of exemption and any changes therein

This is how to file CAC Annual Returns with Our 2022/23 Template

Penalties for non-filing or late filing:

These penalties as stipulated by C.A.C. does not include professional processing fees. So, fees depend on the number of years of default involved. These penalties do not also include all paperwork and documentation involved.

Late filing of annual return for small company 3,000.00 per year
Late filing of annual return for a private company other than a small company 5,000.00 per year
And, late filing of annual returns for public company 10,000 per year
Late filing of annual return for Company Limited by Guarantee 5,000.00 per year

Do well to contact us today for your annual returns processing at the minimal fee costs

This is how to file CAC Annual Returns with Our 2022/23 Template

How may we help you out?

In your last application, did you comply with all we have above? Just check it out now. Because we know that some applications are queried and may stay so long before conclusion. So, in this regard, how may we help you? Just contact us now. Our fees are minimal. And now, let’s talk about other help you may require.

For C.A.C. documentations;

Register your business appropriately with C.A.C.
Make incorporation changes for you @ C.A.C. – change of MEMART, Director, Shareholding, etc.
Render annual returns for you @ C.A.C. and obtain other certifications/reports for you
This is how to file CAC Annual Returns with Our 2022/23 Template

Now, come along for your other entrepreneurial services as follows;

A bankable Business Plan for all scope of operation
Train and apply for CBN/BOI/ NIRSAL MFB AGSMEIS and other loan facilities
Apply and obtain SCUML certificate for your banking purposes
Apply and obtain contract bidding compliance certificates for you – PENCOM, NSITF, ITF, BPP IRR, Tax Clearance certificate
Auditing Services and Tax management services
Apply and obtain regulatory certificates – Import/Export licenses, NCC licenses, NAFDAC certificates etc.
And other consultancy services.

The above services are available at any time on contact and request.

This is how to file CAC Annual Returns with Our 2022/24 Template

Why is your Annual returns delayed Now?

This is the question we gave solutions to above. So, you may now contact us on +234 8034347851 or 09053130518 (Office) or [email protected].

Finally, I know you enjoy the post; this is because every one of my readers do. And, moreover, these are serious solutions to serious problems on C.A.C. annual returns. Again, did you Click the relevant related and recommended articles for a broader understanding? If you didn’t, please go back and click on not less than 3 relevant posts. This is how to file CAC Annual Returns with Our 2022/23 Template

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Ane

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.