CAC Annual Return Forms for Business Name, Company and NGO

The Corporate Affairs Commission (CAC) annual return forms are crucial documents that businesses and organizations in Nigeria must file annually. These forms are essential for maintaining legal compliance, ensuring transparency, and providing critical information about a company’s activities, financial status, and governance structure. Please note that the submission of CAC annual return forms are not done online. In fact, the forms will be completed online through the CAC online portal by your accredited agent. However, you can download the form so that you can understand you need to make available to your CAC accredited agent. The forms are available for download at the end of this articles.

What is the Corporate Affairs Commission (CAC)?

The Corporate Affairs Commission (CAC) is the regulatory body responsible for the incorporation, registration, and regulation of companies in Nigeria. It was established under the Companies and Allied Matters Act (CAMA) 1990, and its primary goal is to ensure that businesses in Nigeria operate within the framework of the law.

Purpose of CAC Annual Return Forms

The CAC annual return forms serve several important purposes:

Legal Compliance: Filing annual returns is a legal requirement under the Companies and Allied Matters Act (CAMA). Failure to do so can lead to penalties, fines, or even the deregistration of the company.

Transparency and Accountability: By providing detailed information about the company’s activities, financial status, and governance structure, annual return forms promote transparency and accountability in the business environment.

Updating Company Records: Annual returns allow the CAC to maintain accurate and up-to-date records of registered companies, including changes in directors, shareholders, and other key information.

Ensuring Continuity: Regular filing of annual returns demonstrates a company’s commitment to its operations, which can be reassuring to stakeholders such as customers, suppliers, and investors.

Types of CAC Annual Return Forms

There are different types of CAC annual return forms. The Corporate Affairs Commission annual return form you will fill depends on the type of entity you are filing its annual return. Below are some of these forms:

CAC/BN/7 Annual Returns for Business Name

Form Purpose:

The CAC/BN/7 form is designed for business owners who operate under a registered business name in Nigeria. It is used to submit annual returns, which is a mandatory requirement for all registered business names.

Contents of the Form:

The form typically includes sections for providing information about the business, its proprietors, and its financial status for the preceding year.

It may also require information about the nature of the business, its address, and any changes that may have occurred since the last filing.

Form CAC 10: Annual Returns for A Company Having A Share Capital

Form CAC 10, titled “Annual Returns for a Company Having a Share Capital,” is a critical document required by the Corporate Affairs Commission (CAC) in Nigeria. This form is specifically designed for companies that operate with a share capital structure. Share capital refers to the total value of shares issued by a company.

Here’s a comprehensive explanation of Form CAC 10:

Purpose of Form CAC 10

The primary purpose of Form CAC 10 is to ensure that companies with a share capital in Nigeria maintain legal compliance and transparency. It serves as a means for these companies to provide the CAC with essential information about their activities, financial status, and governance structure on an annual basis.

Companies with Share Capital

Companies with share capital are entities where ownership is determined by the number of shares held by shareholders. Shareholders invest in the company by purchasing shares, and their ownership and control of the company are proportionate to the number of shares they hold.

Form CAC 10B: Annual Return for A Company Limited By Guarantee

Form CAC 10B, titled “Annual Return for a Company Limited by Guarantee,” is a specific type of annual return form required by the Corporate Affairs Commission (CAC) in Nigeria. This form is designed for companies that operate with a guarantee structure rather than a share capital structure. Companies limited by guarantee are typically non-profit organizations, associations, clubs, and other entities where members provide guarantees rather than holding shares.

Here is a detailed explanation of Form CAC 10B:

Purpose of Form CAC 10B

The primary purpose of Form CAC 10B is to ensure that companies limited by guarantee in Nigeria maintain legal compliance and transparency. It serves as a means for these companies to provide the CAC with essential information about their activities, financial status, and governance structure on an annual basis.

Companies Limited by Guarantee

Companies limited by guarantee are entities where members provide guarantees to cover the company’s debts rather than investing in shares. This structure is commonly used by non-profit organizations and associations where the focus is on a specific mission or objective rather than generating profits for shareholders.

FORM CAC/IT 4: Annual Return for Incorporated Trustee

the CAC/IT 4 form is used in Nigeria for filing the Annual Returns for Incorporated Trustees. Incorporated Trustees refer to organizations or associations that have been registered as legal entities with the Corporate Affairs Commission (CAC) in Nigeria. These entities typically include non-profit organizations, religious bodies, clubs, and other similar groups.

Here’s an explanation of the CAC/IT 4 form:

Form Purpose:

The CAC/IT 4 form is specifically designed for organizations that have been registered as Incorporated Trustees. It is used to file their annual returns, which is a legal requirement to maintain compliance with the CAC.

Contents of the Form:

The form typically includes sections for providing general information about the organization, its trustees, and details about its activities and financial status.

It may also require information about any changes that may have occurred since the last filing, such as changes in trustees or amendments to the organization’s constitution.

Additionally, there might be a section for attaching supporting documents, such as copies of the financial statements.

FORM CAC 10C: Annual Return of exempted foreign companies

FORM CAC 10C, also known as the “Annual Return of Exempted Foreign Companies,” is a specific type of annual return form required by the Corporate Affairs Commission (CAC) in Nigeria. This form is designed for foreign companies that have been granted exemption from certain provisions of the Companies and Allied Matters Act (CAMA) due to their foreign status.

Purpose of FORM CAC 10C

The primary purpose of FORM CAC 10C is to ensure that exempted foreign companies operating in Nigeria maintain legal compliance and transparency. It serves as a means for these foreign entities to provide the CAC with critical information about their activities, financial status, and governance structure on an annual basis.

Exempted Foreign Companies

Exempted foreign companies are foreign corporations or entities that have been granted special status by the CAC. This status exempts them from certain provisions of the Companies and Allied Matters Act (CAMA) that would otherwise apply to locally incorporated companies.