Biz Essentials NG

Swipe to see the correct acronym you should attach to your CAC registration number.

You're welcome😊

In exactly 30 DAYS TIME, normal filing of annual returns to the Corporate Affairs Commission will be over!

Then you'll be liable to pay an additional penalty fee for failure to comply within the stipulated time.

In case you're wondering, what exactly is this annual returns?

- Annual Returns is a yearly payment to the Corporate Affairs Commission to show them that your business is still active and you want to remain on their records ✅

- If you search for your business or company on the CAC website and noticed an INACTIVE STATUS, this is an indicator that you have outstanding annual returns payment to be made.

- You can reactivate your status from INACTIVE to ACTIVE by paying all the years of payment you are owing in arrears. Failure to do so will mean that you will be completely struck off/delisted from CAC 😭

- If your company is inactive/completely delisted - it can cost you your business bank account getting frozen, visa denial, loss of opportunities, etc

‼️Send us a DM or WhatsApp message on 08028856677 right away if you fall under any of these categories.

Swipe to see this hot gist!🔥🔥🔥

In this case, Citilink Accesscorp Limited sued MTN for using their trademark "WEBPLUS" and won the suit with 840million compensation 😮😮😮

Guyssss
Don't joke with trademark oh!!!

Not only will it help you protect your brand, it can also make you good money from infringement cases like this.

If you have a "hot" business name or catchphrase or tagline - please trademark it!

Send a DM to learn how our trademark process works 🤝

‼️If your business status is currently showing INACTIVE on CAC, it's because you have pending annual dues that need to be cleared off.

- Annual Returns is a yearly payment to the Corporate Affairs Commission to show them that your business is still active and you want to remain on their records ✅

- You can reactivate your status from INACTIVE to ACTIVE by paying all the years of payment you are owing in arrears. Failure to do so will mean that you will be completely struck off/delisted from CAC 😭

- If your company is inactive/completely delisted - it can cost you your business bank account getting frozen, visa denial, loss of opportunities, etc

‼️Send us a DM right away if you fall in this category.

Start the year on a great note!

Register your business name or company with the Corporate Affairs Commission now and get your certificate within 7-14 working days ✅

1️⃣ Business Name - 25,000 Naira (CAC Certificate, Status Report & TIN)

2️⃣ Company - 80,000 Naira (CAC Certificate, Status Report, Mermat & TIN)

3️⃣ Incorporated Trustees - 150,000 Naira (Certificate, Status Report, Constitution, Newspaper Publication & TIN)

(PS: Delivery timeline for I.T is 6-8 weeks)

Send us a DM or WhatsApp 08028856677 to start (direct link in bio).