CAC extends deadline for submission of tax returns

The Corporate Affairs Commission has announced an extension for the submission of companies annual returns from January 1, 2024, to April 1, 2024.

This is contained in a statement by the CAC published on its official X handle.

The CAC said the extension was granted as a result of glitches on the company’s registration portal as well as deference to the appeals of the Micro, Small, and Medium Enterprises (MSME) sector.

The Commission urged all companies to take advantage of the extension window to file their reports before the deadline.

Earlier in November, the commission said it would delist 91,843 companies from its register for failing to file their annual returns with it.

In a list published on its website, the commission presented the names of 91,843 companies for delisting.

PR/HauwaAbu