CAC annual returns filing is a yearly requirement for every registered company, business name, and NGO in Nigeria. This filing keeps the Corporate Affairs Commission (CAC) informed that your company is active, regardless of whether it conducted business in the past year. It is not a financial statement or profit disclosure; rather, it provides the CAC with updated information on your company’s structure, activities, and operational status.
Timely filing of CAC annual returns is crucial to avoid penalties, which are charged in addition to the original filing fee if deadlines are missed. Regular filing helps maintain your company’s compliance under the Companies and Allied Matters Act (CAMA) 2020.