Company Registration / Incorporation

Company Registration / Formation with CAC

Private - Public - Unlimited Company

Company formation is the term for the process of incorporation of a business in Nigeria. It is also sometimes referred to as Company Registration.
The legal responsibilities of a business for Company formation, registration or restructuring will depend on the type of business entity chosen. The Corporate Affairs Commission (CAC) of Nigeria is an autonomous body charged with the responsibility to regulate the formation and management of business activities, charitable work, or other activities allowable. companies in Nigeria. The principal law that regulate the incorporation of business is the Companies and Allied Matters Act, 2004 - 'The Companies Act'

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FIRM & COMPANY

REGISTRATION

  

Business Entities for Company Formation in Nigeria

A business entity is an entity that is formed and administered as per commercial law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service.
 
Registration of:-
Private Company Limited by Shares (Ltd)
Private Unlimited Company
Public Company Limited by shares (Plc)
Public Unlimited Company
Company Limited by Guarantee (Gte)
Private Companies with Foreign Shareholding an Overseas Company, Subsidiary or Representative Office
 
Restricted Names

Any name that: 

  • is identical with or similar to the name of a registered company unless the registered company is in the course of dissolution and consents in writing 
  • contains the words Chamber of Commerce unless it is a company limited by guarantee 
  • would violate any existing trade mark or business name unless with the consent of the trade mark or business name owner 
  • would violate any incorporated trustee unless with consent of the trustees 

Names Requiring Consent of the  Corporate Affairs Commission

Names that contain any of the following words:

  • Federal, National, Regional or State Government or suggest patronage of Federal or State Government, Ministry or Department 
  • Municipal or Chartered or suggest connection with any municipality or other local authority 
  • Co-operative or Building Society
  • Group or Holding
  • any word suggesting temporary business arrangement, e.g. consortium

Note: Application for Consent for restricted name will be addressed to the Registrar-General and submitted at the Head office or through any of the State offices . 

Contact us for requirements for consent and to make an application or click here

Membership of Companies

  • Minimum of two persons for all types of Companies
  • Maximum of 50 persons for private Companies
  • No upper limit for public Companies
Minimum Share Capital for Companies
Subscription 25% of authorised share capital
  • Private Companies - N10,000.00
  • Public Companies - N500,000.00
Note: Minimum share capital for certain businesses are as prescribed by the industry regulators from time to time
A foreigner can also be a director provided that one or more directors reside in Nigeria. But to avoid unnecessary query, it’s advisable that all directors adopt Nigeria addresses.

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Post Formation / Incorporation Services

  1. Filing Tax Returns with Federal Inland Revenue Service - F.I.R.S. Click Here
  2. Filing of Annual Returns with Corporate Affairs Commission - C.A.C. Click here
  3. Filing of Value Added Tax (VAT) Return Click here
  4. Certified true copy of certificate of registration and incorporation Click here
  5. Certified true copy of memorandum and articles of association Click here
  6. Certified true copy of business name certificate of registration Click here
  7. Certified true copy of certificate of incorporation for Incorporated Trustees Click here
  8. Certified true copy of constitution for Incorporated Trustees Click here
  9. Certified true copy of incorporation form for Incorporated Trustees Click here
  10. Alteration of Memorandum and Articles of Association Click here
  11. Change of Company Name
  12. Change of Registered Company Address
  13. Change of Directors, Secretary & Shareholders Appointment, Click here
  14. Change of Partners
  15. Change in Share Capital - Increase or Decrease, Click here
  16. Allotment of Shares and Return on Allotment of Share Capital
  17. Transfer and Transmission of Shares
  18. Filing of Dissolution of Trustees
  19. Letter of Good Standing
  20. Conversion of Business Name to Private Company Click here
  21. Conversion and Re-registration of Private Company as Public, Click here
  22. Re-registration of Company Limited by Shares as Unlimited, Click here
  23. Re-registration of Unlimited Company as Limited by Shares Click here
  24. Application for Consent to use the name - GROUP, HOLDING, CONSORTIUM, Click here
  25. Filing of Statement of Affairs for CAC and FIRS Application and as required by Bank, Insurance Companies and other Financial Institutions, Click here
  26. Appointment of Receiver or Manager
  27. Pay As You Earn (P.A.Y.E.) Registration and Administration Click here
  28. Company Resolution - Click here
Contact us for detail information if you need any pre or post incorporation service(s).
 
PROCESSING PERIOD

Registration of business name, 10 working days
Incorporation of private company, 14 working days
Incorporation of public company, 20 working days
Incorporation of trustees (non-profits) 35 working days

APPLY NOW

To make an application for Company Incorporation / Formation using our service

Complete the online Application Request Form.

If you would like to use this service please CONTACT US.

For Pricing and packages click here

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