Compos Mentis Legal Practitioners is a leading indigenous law firm. Established in 1985, the Firm has a proven track record of providing cutting-edge legal services in both domestic and cross border related matters to individuals, corporations, multinationals and state-owned enterprises across range of industry sectors including financial institutions and governments.
Annual returns are essentially a report submitted to the Corporate Affairs Commission to update them on the financial status of a company for a given year.
Annual returns are essentially a report submitted to the
Corporate Affairs Commission to update them on the financial status
of a company for a given year.
Filing annual returns is a crucial responsibility for all
registered businesses in Nigeria, and failure to do so can result
in serious penalties.
In this video, we explore the serious implications of failing to
submit your annual returns and how it can impact a company.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.