What Are the Benefits of Filing Annual Returns in Nigeria?

example of company business whose annual filing returns is not up to date inactive

Do you know that you can lose a multi-million naira or dollar contract simply by failing to file annual returns? Organizations abroad take business records seriously before signing any contract. Filing annual returns for your company or business is not only a way to generate revenue for the government, but it is also proof of … Read more

CAC Threatens To Delist Companies That Have Not File Annual Returns For 10 Years

acknowledgement_slip-annual_return_filing_sample

Again, the Corporate Affairs Commission (CAC) has threatened to permanently delete the names of companies and businesses that have not filed annual returns in the last 10 years. CAC, which is mandated by law to register businesses in Nigeria, maintains a register that contains the comprehensive record of registered businesses in the country. What is … Read more

CAC Plans To Make 300,000 Unregistered Opay Agents Legal Entities

CAC business registration

The Corporate Affairs Commission (CAC), a government agency responsible for business registration, is collaborating with Opay Services Ltd, a financial technology company, to help 300,000 unregistered businesses become legal entities. This partnership aims to bring Opay agents into compliance with regulations and provide them with the benefits of formal recognition. The Registrar-General and CEO of CAC, … Read more

How To Print CAC E-Certificate Online

CAC certificate download area

After your name reservation has been approved and your registration process is successful without being queried or you resolved all queries, it’s time to print a copy of your CAC certificate. It is an e-copy. You no longer need a courier service to ship your CAC certificate, everything is now digitized, thanks to the former … Read more

How Bad Was Garba Abubakar As CAC Boss?

I watched in dismay as some officials of the Corporate Affairs Commission (CAC) ‘gyrated’ over the removal of their boss, Garba Abubakar. The embarrassing audacity of civil servants The audacious civil servants at the CAC headquarters in Abuja didn’t merely rejoice over Mr. Abubakar’s exit on October 14, 2023; they displayed inscriptions on placards and banners … Read more

VIDEO: CAC Workers Dance Over Sacking Of Abubakar As Registrar-General

The sacking of Garba Abubakar as the Registrar-General of CAC has elicited celebration among workers of the Corporate Affairs Commission. In a video which has now gone viral, some CAC officials hired drummers, sang, and danced over the exit of Mr Abubakar. They were seen dancing at the headquarters of the agency located at Tigris … Read more

Guide for Annual Filing Returns for NGOs in Nigeria

The Company and Allied Matters Act (CAMA), 2020 requires all Non-Governmental Organizations (NGOs) operating in Nigeria to file and submit an annual return to the Corporate Affairs Commission (CAC). This article explains the filing of annual returns by not-for-profit organizations in Nigeria, the documents the NGO must present, and the penalties that may apply for … Read more

Cost of SCUML Registration in Nigeria And The Required Documents

On its official website, the EFCC claims that it ”does not charge any fees for SCUML registration nor are they required to pay any fees to obtain the certificate,” this is a false claim. It will cost you between N45,000 to NGN60,000 to get a SCUML certificate at the time of publication. The price depends on the agent that is … Read more

How To Register A Church in Nigeria

Cost of Registering Church in Nigeria

Registering a religious organisation in Nigeria will cost you between N120K-N150K, depending on who is handling the registering process. Are you thinking of registering your religious organisation and don’t know how to go about it? Or you don’t know the financial implications? We urge you to refer to the law guiding the registration of such … Read more

20 Requirements to Change Company Director in Nigeria

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Does your company want to change one of the directors on its board? Change of company director falls under several reasons according to the Corporate Affairs Commission (CAC), Nigeria’s sole agency that is responsible for the registration of businesses and companies in Nigeria. Reasons for change of a director Failure of a director to optimally … Read more

CAC Adds LLP and LP To Company Registration Portal (CRP)

CAC business registration

The Corporate Affairs Commission (CAC) has officially added Limited Liability Partnerships (LLPs) And Limited Partnerships (LPs) And Deployment Of The Registration Solutions On Company Registration Portal (CRP) This is a follow-up to the announcement of the commission on August 19 that it would be adding registrations of two new forms of business in Nigeria provided by … Read more