Do incorporated trustees need to file Annual Returns?
Annual Return filing is a statutory requirement for every registered business or organization with the Corporate Affairs Commission and as such it is very necessary for all registered businesses to file Annual Returns at the commission. The purpose of this filing is simply to inform the commission that the company or organization is a going concern. Failure to comply with this filing may lead to de-listing from records of companies or organisations operating in Nigeria.
How to file annual returns at CAC
- Completion of annual returns form [CAC/ BN7]
- Appropriate enterprises affair for the year
- Payment of filing fees
- An acknowledgement will be issued by the CAC after filing and processing is completed
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