14/11/2023
If you have registered your business with Corporate Affairs Commission (CAC), it means that you have legalized the existence of the business. However, you need to understand that the registration of the business, either as a business name, partnership, or a limited liability company, is just the first step.
After the registration, it is statutorily required that you should file the annual returns of your business every year.
If your business is a new one, your business is due for the first filing of annual return after the end of the first 18 months.
Annual return is a yearly statement made by entities registered with Corporate Affairs Commission about their composition, activities and financial positions to the Commission in accordance with the provisions of Company and Allied Matters Act (CAMA) 2020.
Swipe to see know more. Send a DM today to file your annual returns to prevent penalties for late filing.
