Did you know that CAC can cancel your business/
company from its records if it becomes INACTIVE?

 

When you register with CAC you automatically get an ACTIVE status but if you don’t file annual returns every year your business becomes INACTIVE and is at risk of being removed from CAC records.

FILE YOUR CAC ANNUAL RETURNS

Previous
Next

After you register your business, you need to notify CAC every year that you’re still doing business so they keep your business ACTIVE on their record.

 

You do this by filing ANNUAL RETURNS.

 

If you fail to file, CAC will tag your business as INACTIVE and your business is at risk of being DELISTED as a registered business.

WHAT IS ANNUAL RETURNS?

First, it is NOT Tax returns.

 

Annual Returns is the fee you pay to show CAC that you’re still interested in doing business.

 

Think of it like RENT that you pay to your landlord. Let me explain.

 

You pay rent to show your landlord that you’re interested in occupying the property for another year right?

 

So, think of CAC as the Landlord of your business.

 

Annual Returns is the fee you pay to show CAC that you’re still interested in doing business and you want to keep your business file ACTIVE on their records.

 

If you fail to pay rent, the landlord kicks you out!

 

The same applies to CAC.

 

If you fail to file Annual Returns, your business status will show up as INACTIVE and CAC can cancel your business from their records. Also, You’ll pay late payment fee when you pay after the deadline.

 

ACTIVE means you’re a good tenant paying rent

 

INACTIVE means you’re a bad tenant that will soon be sent packing

 

Do you know how to check if your business is ACTIVE or INACTIVE on CAC records?

 

To check your status, click the link below & type in your business/company name

Check my CAC Status

WHY YOU NEED TO FILE ANNUAL RETURNS

  • Notify CAC that you are still in operation and avoid being removed from CAC records
  • Avoid Penalty for Late Filing
  • You can't make changes to your business records e.g change of name/address, convert from BN to LTD, etc. without annual returns

WHAT IT INCLUDES

1. Preliminary search to ascertain:

  • Status on CAC record
  • Number of years to file
  • CAC Filing fees
  • Late Filing fees (if any)

2. Report on outcome of search Application to CAC to update annual return record of your business/company.

 

3. Acknowledgment of filing of annual returns.

 

 

Client Testimonials

Annual Returns
Annual Returns- Oyindamola Ogunniyi
@Demodistegrandeur
Read More
I booked your annual filing return service, and I must say the payment process was smooth and easy, you educated me on annual returns and Communication at every stage was great both via mail and online.

WHEN TO FILE ANNUAL RETURNS

BUSINESS NAMES

File Annual Returns for your Business Name

 

Deadline: File before the 30th of June every year and keep your business ACTIVE on CAC records.

 

After you pay you’ll be redirected to our form to provide relevant information for your filing.

 

N15,500 is our service fee per year of filing.

 

 If you’re not sure how many years you’re to file for send us a dm with your business name

 

File my Annual Returns

COMPANY LIMITED

 File Annual Returns for your Company and keep your company ACTIVE on CAC records.

 

Deadline: File before the 31st of December of every year

 

After you pay you’ll be redirected to our form to provide relevant information for your filing.

 

PS: N20,500 is our service fee per year of filing.

 

 If you’re not sure how many years you’re to file for send us a dm with your company name

File my Annual Returns

INCORPORATED TRUSTEE

File Annual Returns for your NGO, Charity or other Non-Profit Organization and keep your organization ACTIVE on CAC records.

 

Deadline: File between July and December every year.

 

After you pay you’ll be redirected to our form to provide relevant information for your filing.

 

PS: N22,500 is our service fee per year of filing.

 

If you’re not sure how many years you’re to file for send us a dm with your organization’s name

File my Annual Returns

Client Testimonials

Annual Returns Fillings
Annual Returns Fillings- Chef China
@Tiramisu Dreams
Read More
My business transactions with Start-up Legal have been transparent, smooth, easy, and efficient. I feel confident relying on their services.
Annual Returns Fillings
Annual Returns Fillings- Dami
@Lagos Belle
Read More
The process was effortless! I didn't have to worry about anything. Thank you.
Previous
Next

FAQs

As long as you are registered with CAC you need to file annual returns every year to inform the regulator that you are still operational / carrying on business activities in Nigeria.

 

This will depend on how you are registered with CAC – Business Name, Company Limited or Incorporated Trustee. Once you make payment you will be redirected to our requisition form to provide the relevant information / documents we need to file your returns. general, you may need to provide information about your business, your annual turnover, your net assets.

 

Again, this will depend on your specific circumstances and the complexity of your returns. Typically, we receive approvals from the CAC within 2 weeks. Our team is dedicated to completing your returns as efficiently as possible, and we will keep you informed about the progress of your filing every step of the way.

 

I get a lot of DM’s from entrepreneurs worried that their business/company is showing up as INACTIVE on CAC records.

 

Don’t let annual return filing be a source of stress and anxiety. Let’s handle it for you, so you can focus on running your business.

 

File my Annual Returns