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The New Changes For Small Companies CAC Annual Returns Filing - Business - Nairaland

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The New Changes For Small Companies CAC Annual Returns Filing by elyonchee(f): 12:13am On Jan 03
It is mandatory for all businesses to file CAC annual returns. CAC annual returns is used to checkmate and update the entity records. CAC annual returns is not tax filing.
CAC has introduced new changes in filing annual returns for small companies.
Remember small companies are businesses with 1m- 100k share capital. It was not compulsory for small companies to have secretary but with this new rule, small companies must have secretary.
Also, they must now have statement of affairs that depicts their turnover, assets and liabilities.
So, if you are yet to file annual returns these are the new changes.
Check my previous posts
Email: chisomezinneobasi15@gmail.com
WhatsApp: 08117409752

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