What Is Annual Return? Definition and Example Calculation
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What is an annual return? An Annual Return is a yearly statement that provides essential information about a company’s status. It gives a record of the nature of the company’s business, the location of its premises, its directors, secretary, and members, among others Annual Returns are important as they show that a company is still legally alive and operational. Non-filing of annual returns for two consecutive years can result in the company being struck off the register. Annual Returns are as l
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