Do You Know What An Annual Return is?
Jun 06, 2023 1:36 pm
Hello , I want to quickly share an interesting perspective with you on upgrading your business name.
this came actually as a result of a conversation between a client and myself.
Client : Good day Barrister please can you help me upgrade my business from enterprise to a limited liability company?
Me: of course, I can do that but why do you want to upgrade your business.
Client: there is this contract I am pursuing they only want a registered Ltd liability company and not a business name.
Me: When was your business registered?
Client: 2012.
Me: Hmmm! okay, have you filed your annual returns up to date?
Client: Annual returns? What is that?
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So ...
Do you know what an Annual Return is all about in your business?
And When was the last time you filled one?
I would love to hear from You.
-Barinaada.