4 months ago
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Posted On: July 17th 2026, 10:51 am
The Corporate Affairs Commission (CAC) has announced its intention to strike off 100,000 companies from the Register under the provisions of Section 692(3) & (4) of the Companies and Allied Matters Act (CAMA), 2020.
If your company is affected, this is not a notice to ignore.
To avoid being struck off, you have 90 days from 15th July 2026 to:
1. File all outstanding Annual Returns.
2. Update your Persons with Significant Control (PSC)/Beneficial Ownership information.
3. Regularize any other outstanding corporate compliance issues.
4. Submit evidence of compliance to [email protected].
Failure to comply within the stipulated period may result in your company being struck off the Register without further notice.
As a business owner, remember that registering your company is only the beginning. Ongoing compliance is a legal obligation. Filing Annual Returns and maintaining accurate corporate records are essential to keeping your company in good legal standing.
I strongly advise every company director, shareholder, and business owner to verify their company's status immediately and take the necessary steps if affected.
Need our services on:
Annual Returns filing
Company compliance
Regularization of CAC records
General corporate advisory
Company Registration
Feel free to send me a DM.
#BarristerGrace #CAC #CorporateAffairsCommission #CAMA2020 #AnnualReturns #CorporateCompliance #BusinessLaw #CompanyRegistration #CorporateLaw #NigerianLaw #BusinessOwners #EntrepreneurNigeria #LegalTips #CorporateGovernance #NigeriaBusinesses
If your company is affected, this is not a notice to ignore.
To avoid being struck off, you have 90 days from 15th July 2026 to:
1. File all outstanding Annual Returns.
2. Update your Persons with Significant Control (PSC)/Beneficial Ownership information.
3. Regularize any other outstanding corporate compliance issues.
4. Submit evidence of compliance to [email protected].
Failure to comply within the stipulated period may result in your company being struck off the Register without further notice.
As a business owner, remember that registering your company is only the beginning. Ongoing compliance is a legal obligation. Filing Annual Returns and maintaining accurate corporate records are essential to keeping your company in good legal standing.
I strongly advise every company director, shareholder, and business owner to verify their company's status immediately and take the necessary steps if affected.
Need our services on:
Annual Returns filing
Company compliance
Regularization of CAC records
General corporate advisory
Company Registration
Feel free to send me a DM.
#BarristerGrace #CAC #CorporateAffairsCommission #CAMA2020 #AnnualReturns #CorporateCompliance #BusinessLaw #CompanyRegistration #CorporateLaw #NigerianLaw #BusinessOwners #EntrepreneurNigeria #LegalTips #CorporateGovernance #NigeriaBusinesses
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