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CAC Business Name Reactivation - Business - Nairaland

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CAC Business Name Reactivation by Hope4Naja: 9:42am On Aug 10, 2023
Please I want to reactivate my business name. Can someone guide me on the process, I have tried browsing the CAC site to get the information but what I am seeing is 2019 information. What to know the cost of annual returns and penalties for five years
Re: CAC Business Name Reactivation by Hitmern(m): 1:56pm On Sep 13, 2023
You cannot reactivate your business name on CAC Portal yourself as the process involves filing your business Annual Returns which can only be done by a CAC accredited agents using agent dashboard.

Upon filing the Annual Returns, the agent will obtain letters of acknowledgment from CAC which he will now use to apply for reactivation of your business name.

To know the amount your are to pay start counting from 12 months after your registration or 18 months after your registration if its a LTD Company.

Cost of Annual Returns for Business name is 3K per year if current and 8K per year if late. (5K penalty has been applied)
Cost of Annual Returns for LTD Company is 5K per year if current and 10k per year if late (5K penalty has been applied)
The agent filing it for you will charge a token too

Let me know the exact date your business name was registered and I will calculate and tell you how much your are to pay.

For annual Returns, Business reactivation and CAC related services whatsapp me on 08163319401

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