Annual return is a mandatory requirement every Business/Enterprise, Private limited company, or incorporated trustees in Nigeria must fulfil at least once in every year by making and delivering to the Corporate Affairs Commission (CAC).
Annual returns in the it’s prescribed form contains the specified matters relating to the organization in accordance to the provisions of Section 417-419 of the Companies and Allied Matters Act (CAMA).
Filing of the annual return by a company helps to simply keep CAC on the know that such company is still actively in operation and still engaging in business activities or otherwise.
Filing of Annual returns is a post incorporation process that All organisations must observe not earlier than 30th June or not later than 31st December every year of business.
Please Subscribe to my YouTube channel for more interesting contents
#youtubebeginnings #legallife #newchapter #lexanelegal #annualreturn #cacannualreturns #corporateaffairscommission #lawyersinnigeria #smallbusiness #businessinnigeria
