If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb - Business - Nairaland
Nairaland Forum › Nairaland General › Business › If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb (1167 Views)
| If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 7:31pm On Jan 09 |
Most business owners have their CAC documents, but their status is "INACTIVE." If you haven't filed your ANNUAL RETURNS, you are sitting on a ticking time bomb. What is an Annual Return? It's not a tax. It's a "subscription fee" to keep your business name alive in the CAC database. It's a yearly payment made to the Corporate Affairs Commission (CAC). It is totally different from tax, which is paid to FIRS (Now NRS). WHAT HAPPENS IF YOU FAIL TO FILE ANNUAL RETURNS? Heavy penalties; It keeps accumulating each year... INACTIVE STATUS: This can affect your loan application, contract application or grant applications. CAC can actually delist or "struck" off your business from it's database if you fail to file Annual returns for a number of years. Imagine finding a N20 Million Grant or a "hooge" Federal Contract... ...only to be disqualified because your CAC status shows "INACTIVE." You can't "rush" Annual Returns when the deal is on the table. Stay Active. Stay Ready. FREE STATUS CHECK... Not sure if your business is "ACTIVE" or "INACTIVE"? Reply "CHECK" with your Business Name, and I'll help you verify your status for FREE right now!
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by correctyourself(m): 7:34pm On Jan 09 |
What of those politicians looting money, they're sitting in Sheraton Hotel! 2 Likes |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by suzzyboss(m): 9:47pm On Jan 09 |
No mind am en just dey see the bomb now ... Them next pay the tax of the bomb too so en no fit blow |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 6:17am On Jan 10 |
It's time for filing your business, company, NGOs, School, Mosque, Church annual return if you are registered in 2024 or later. You can now fill annual returns for the year 2025 before June 30th so it doesn't attract late fines of #5,000. Filing your annual returns early protects you from penalties and keeps your CAC status active. |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 3:46pm On Jan 10 |
This is how a true business owner handles annual returns 👇 A true business owner doesn’t wait for trouble before acting. Knows annual returns are not tax Files it every year to keep the business active and credible Avoids penalties, restrictions, and future CAC issues Keeps the business attractive to banks, investors, and corporate clients Treats compliance as part of growth, not an afterthought Many businesses get stuck later because they ignored this simple responsibility. Real business owners don’t gamble with their company’s status they stay compliant. If your business is registered and you’ve never filed annual returns now is the right time to fix it. |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 2:34pm On Jan 15 |
All your corporate and compliance (CAC, NIMC, Tax etc) services. One Trusted Company. Reach us today below 👇
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 6:07pm On Jan 18 |
ANNUAL RETURNS IS THE COMPULSORY YEARLY FILING REQUIRED BY CAC TO MAINTAIN THE LEGAL STATUS AND CREDIBILITY OF YOUR BUSINESS, WHETHER YOU ARE OPERATING OR NOT. So have you filed your ANNUAL RETURNS yet? |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 4:52pm On Jan 26 |
A certificate in your drawer is not proof that your business still exists. Registration isn't a "one-and-done" event. If you haven't filed your Annual Returns, the CAC has likely moved your name to the "Struck Off" list. Legally, you've become a ghost. I've seen it happen: A business owner presents their "official" documents for a major contract, only for the search to come back as Non-existent. You don't just lose the deal; you lose your reputation. Don't assume you are safe just because you have a framed paper on the wall. That paper only shows you started. Compliance proves you are still standing. STOP GUESSING, CHECK YOUR STATUS TODAY. Send message via WhatsApp below 👇👇👇
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 6:34pm On Jan 30 |
File your annual returns and stay compliance and active on CAC portal today. There is not excuses, that your business is operational or not. Message me below 👇
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 5:14pm On Feb 13 |
You may not be able to operating your corporate bank account again, if you don't filed all your annual returns.
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 9:32am On Feb 19 |
File your annual returns and stay compliance |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 11:44am On Feb 24 |
Registering your business is only the first step. Filing your annual returns keeps your business active and compliant. Annual returns show the government that your business is still operating and up to date with its records. Failure to file annual returns can lead to penalties or even your business being marked inactive. Do not wait until there is a problem. Stay compliant, protect your brand, and keep your business in good standing every year. |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 12:13pm On Feb 28 |
KingGe: |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 5:49pm On Mar 08 |
Let's get the new week starting. |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 3:52pm On Mar 19 |
File annual returns make you a real business owner |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 9:39am On Mar 20 |
Eid Mubarak from all of us at iReach Digital Solutions! As the blessed month of Ramadan 1447AH draws to a close, we celebrate this joyful occasion with you and your loved ones. May Allah accept your fasts, prayers, and good deeds - and fill your Eid with peace, happiness, and abundance. Taqabbalallahu minna wa minkum. Aameen.
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 8:23am On Mar 21 |
File on time and stay compliance |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 9:20am On Mar 24 |
Let's make use of today |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 6:48pm On Mar 25 |
Stay compliance today and every day |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 7:01pm On Mar 26 |
At business |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 5:51pm On Mar 27 |
Get in |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 2:38pm On Mar 29 |
Stay new week on planing |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 9:14am On Mar 30 |
Filing your business annual returns make you stay compliance and attract big investors and clients |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 8:32pm On Mar 30 |
KingGe: |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 8:47am On Mar 31 |
Your business needs to be up to date |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 1:33pm On Apr 02 |
Stay up-to-date with your annual returns
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| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 3:57pm On Apr 04 |
File your annual returns stay ahead of other inactive businesses |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 8:15am On Apr 06 |
Happy New Week! May this new week bring you success, clarity, and new opportunities. May your efforts be rewarded, your goals achieved, and your days filled with favor and peace. Stay focused, stay positive, and keep striving for excellence. We are rooting for you always! Have a blessed and productive week ahead 🙏✨ |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 12:14pm On Apr 11 |
Happy weekend, let's use this weekend to stay compliance |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 8:20am On Apr 13 |
File your annual return and stay compliance |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 12:39pm On Apr 15 |
Active |
| Re: If You Haven't Filed Your ANNUAL RETURNS, You Are Sitting On A Ticking Time Bomb by KingGe(op): 6:53am On Apr 20 |
It’s a fresh START. ☀️ New DAY. New WEEK. New OPPORTUNITIES. Forget last week’s setbacks. Today is about FOCUS and EXECUTION. Let’s get to work and make this week count. Have a PRODUCTIVE Monday, champions. |
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