Filing Of Annual Returns In Nigeria

An annual return is a mandatory requirement that must be complied with by every registered company, business name or incorporated trustee in Nigeria. The return is a statutory document that provides a snapshot of the company's affairs as of the end of its financial year. The return is made to the Corporate Affairs Commission (CAC) every calendar year and with respect to companies, it must be filed within 42 days after the Annual General Meeting (AGM) of the company. However, new companies are not required to file their returns within the first 18 months after their incorporation. Annual Returns with respect to registered Business Names are to be filed not later than 30th day of June every year except the calendar year in which the business name was registered.