Annual Return

Annual Return

This is a mandatory requirement to be submitted to the Corporate Affairs Commission yearly that shows that the business is a going concern.

This requirement is so important that before any other post incorporation filing can be made, evidence of filing annual returns must be attached. 

This process takes 5 -7 working days

Companies are expected to pay Annual Returns every year. Newly registered companies are exempt from paying Annual Returns within the first 18 months, whilst Business Names are expected to start filing Annual Returns after the first year of registration. business days

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Our service charge is N5000 per year For Business Name
 
Cac charges plus penalties N8000 per year
 
Remita is N500
Our service charge is N10000 per year for Limited Liability Companies 
 
Cac charges plus penalties N10,000 per year
 
Remita is N500
 
That’s N20500 per year
 
You however, have no penalty for 2023
 
So the fee is N15500
Our service charge is N15000 per year for Incorporated Trustees 
 
Cac charges plus penalties N15,000 per year
 
Remita is N500
 
That’s N30500 per year
 
You however, have no penalty for 2023
 
So the fee is N20500

Frequently Ask Questions

This is a mandatory requirement to be submitted to the Corporate Affairs Commission yearly that shows that the business is a going concern.

This requirement is so important that before any other post incorporation filing can be made, evidence of filing annual returns must be attached. 

Businesses are required to submit annual returns on a yearly basis. Once a business is registered, it must begin paying annual returns after the first 18 months.

If annual returns are not paid on time, the company's status will be listed as inactive. The CAC database may also delist the company.

CAC business registration document

  • Valid ID card

Limited Liability

  • CAC business registration document
  • Valid ID
  • Date of birth certificate of shareholders

Incorporated Trustees

  • CAC business registration document
  • Valid ID
  • Date of birth certificate of shareholders
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