Annual Compliance Workshop for Registered Companies
The Corporate Affairs Commission (CAC) successfully hosted its annual compliance workshop for registered companies on Friday, May 5th, 2024. The event brought together hundreds of business owners, company secretaries, and compliance officers to discuss critical compliance requirements and best practices.
Workshop Objectives
The workshop was designed to:
- Educate companies on their statutory obligations
- Clarify annual returns filing requirements
- Promote corporate governance best practices
- Address common compliance challenges
- Provide guidance on avoiding penalties and sanctions
Key Topics Covered
During the workshop, participants received comprehensive training on:
- Annual Returns Filing: Step-by-step guide on filing annual returns, deadlines, and requirements
- Corporate Governance: Best practices for board meetings, shareholder management, and record keeping
- Statutory Compliance: Understanding all statutory obligations and timelines
- Document Filing: Procedures for filing changes in company structure, directors, and share capital
- Penalties and Sanctions: Understanding consequences of non-compliance and how to avoid them
Interactive Sessions
The workshop featured interactive Q&A sessions where participants could ask specific questions about their companies' compliance needs. CAC officials were on hand to provide personalized guidance and address individual concerns.
Resources Provided
All participants received:
- Comprehensive compliance guidebook
- Digital templates for common filings
- Access to online resources and tutorials
- Contact information for compliance support
Future Workshops
CAC plans to host similar workshops quarterly to ensure that all registered companies stay informed about their compliance obligations. The next workshop is scheduled for August 2024.
Companies interested in attending future workshops are encouraged to register early as spaces are limited. For more information, please contact the CAC compliance department.
