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Incorporate Your Business In The UK / Register And Incorporate Your Business Entities. / Incorporate Your Company With Corporate Affairs Commission. (2) (3) (4)
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 8:48am On Apr 24, 2018 |
What does CAC-CRP mean? This stands for the Corporate Affairs Commission - Company Registration Portal. How can I get a CAC-CRP Portal Account Access? It is easy as visiting services.cac.gov.ng and clicking 'Create Account' button; fill in the form, submit and your account details would be sent to the email address you entered. What can I do with my CAC-CRP Portal Account? With your CAC-CRP portal account you can submit pre-incorporation and post-incorporation filings with the Corporate Affairs Commission online in real time. You can also conveniently make payment for these filings from the comfort of your home; 24/7 a year. What is the first thing I must do to register a business in Nigeria? To register a business in Nigeria; you would need to conduct a name search of the business. You can achieve this using your CAC-CRP account What do I need to submit a successful Name Availability Request? To submit a name availability request successfully; you would need the following: The name(s) to search; a maximum of two options Your CAC-CRP account access (username and password) N500 only Other required information about the type of business (Please use an accredited agent if in doubt) |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 11:09am On Apr 26, 2018 |
But I don't have an e-payment credit/debit card; how can I pay online? If you do not have a debit/credit card to use for payment online; you can still use your internet banking to pay for fees in the CAC-CRP. If you don't have internet banking either; just generate the bill from the CAC-CRP; walk into any bank branch in Nigeria and make the payment. But I am outside Nigeria how am I affected? This service is available for anybody to use from anywhere in the world at any point in time. Payment options available though are debit/credit cards as well as internet banking with any of the Nigerian banks. How will I know if My Name Availability Was Approved or Declined? Once your name search request has been processed; you would receive an email notification in your officially registered email address. Then on logging in to your CAC-CRP account; you would be able to see the status of your application as well as generate the availability approval/disapproval form. What do I do if My Name Availability request is declined? You can seek advice from an accredited agent; or make another name search application. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 9:06am On Apr 30, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 9:37am On May 02, 2018 |
How does one resolve a query Online a. Click on “correct data” b. Click action button beside the place you use to edit/correct and effect changes accordingly. c. After a successful correction you click on ‘save’. d. Click on ‘resolve query’. e. Download documents, sign and upload on the document upload portal. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:07am On May 04, 2018 |
THE CONSTITUTION OF AN NGO PREAMBLE We, the members of _______________________________________________________________ a not for-profit and non-political organisation do firmly and solemnly resolve to provide for ourselves a constitution and to be governed by the provisions therein contained. ARTICLE 1: NAME The name of the Association is ‘INCORPORATED TRUSTEES OF _________________________________________________________________ _________________ ARTICLE 2: ADDRESS The Address of the Association shall be: _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________ ARTICLE 3: AIMS AND OBJECTIVES The aims and objectives of the association are: 1. ____________________________________________________________ ____________________________________________________________ _______________________________ 2. ____________________________________________________________ ____________________________________________________________ _______________________________ 3. ____________________________________________________________ ____________________________________________________________ _______________________________ 4. ____________________________________________________________ ____________________________________________________________ ________________________________ 5. ____________________________________________________________ ____________________________________________________________ _______________________________ ARTICLE 4: TRUSTEES (A) The Trustees of _____________________________________________________ for the purpose of the Companies and Allied Matters Act no. 1 of 1990, shall be elected at a General Meeting charged with responsibility of selecting the Trustees with 2/3 majority votes of members present. (B) Such Trustees (Hereinafter referred to as, “The Trustees’’) shall not be less than ______________ and more than ______________ in number. (C) A Trustee may hold office for _____________ but shall cease to hold office if he: a. Resigns his office b. Ceases to be a member of the registered Trustees of the body. c. Becomes insane d. Is officially declared bankrupt e. Is convicted of a criminal offence involving dishonesty by a Court of competent jurisdiction f. Is recommended for removal from office by a board of Governors and Trustees majority vote of members present at any General Meeting of the body g. Ceases to reside in Nigeria (D) Upon a vacancy occurring in the number of Trustees a General Meeting will be held to appoint another eligible member of the Association. ARTICLE 5: COMMON SEAL (A) The Trustees shall have a Common seal. (B) Such Common seal will be kept in the custody of the ______________________ who shall produce it when required for use by the Trustees. (C) All documents to be executed by the Trustees shall be signed by such number of them and sealed with the Common seal. ARTICLE 6: MEETINGS 6.1. For effective administration of the Association there shall be the following meetings: 1. ____________________________________________________________ ______________ 2. ____________________________________________________________ ______________ 3. ____________________________________________________________ ______________ 4. ____________________________________________________________ ______________ 6.2. The quorum for the meetings shall respectively be: 1. ____________________________________________________________ 2. ____________________________________________________________ 3. ____________________________________________________________ 4. ____________________________________________________________ ARTICLE 7: GOVERNING BODY ________________________________________________________ ________________________________________________________ ________________________________________________________ ________________________________________________________ ______________ ARTICLE 8: SOURCES OF INCOME The sources of income for the Association shall include: 1. ____________________________________________________________ 2. ____________________________________________________________ 3. ____________________________________________________________ 4. ____________________________________________________________ ARTICLE 9: DISBURSEMENT AND APPLICATION OF FUNDS ________________________________________________________ ________________________________________________________ ________________________________________________________ ________________________________________________________ ________________________________________________________ ARTICLE 10: KEEPING OF ACCOUNT ________________________________________________________ ________________________________________________________ ________________________________________________________ ________________________________________________________ ________________________________________________________ The Association shall ensure the accurate keeping of record of all income and expenditure ARTICLE 11: APPOINTMENT OF AUDITOR(S) 1. Independent qualified and licenced Auditors shall be appointed by the general meeting to audit the financial records of the Association annually and submit an audited report to the Annual General Meeting of the Association. 2. The audited financial statements (balance sheet and income and expenditure account) duly certified by independent auditors shall be annexed to the annual returns and file with the Corporate Affairs Commission. ARTICLE 12: AMENDMENT OF CONSTITUTION The Association may alter the provision of its Constitution at a General meeting by a resolution passed by a simple majority of its members and approved by the Commission. ARTICLE 13: SPECIAL CLAUSE (1) THE INCOME AND PROPERTY OF ______________________________________________________ shall be applied solely towards the promotion of the objective of the body as set forth in this RULES AND REGULATION/CONSTITUTION: and no portion thereof shall be paid or transferred directly or indirectly, by way of dividend, bonus or otherwise howsoever by way of profit, to the members of the Association. (2) PROVIDED that nothing herein shall prevent the payment in good faith, or reasonable and proper remuneration to any officer or servant of the Association in return for any service actually rendered to the Association: a. With the exception of ex-officio members of the Governing Council, no member of the Council of Management or Governing Body shall be appointed to any salaried office of the Association or any office of the Association paid by fees; and b. No remuneration or other benefit in money or money’s worth shall be given by the body to any member of such Council or Governing Body except repayment of out of pocket expenses or reasonable and proper rent for premises demised, or let to the Association or reasonable fees for services rendered. (3) If in the event of a winding up or dissolution of the corporate body if there remains after the satisfaction of all its debts and liabilities, any property whatsoever, the same shall not be paid to or distributed among the members of the Association but shall be given or transferred to some other institutions, having objects similar to the object of Association, such institutions to be determined by the members of the Association at or before the time of dissolution. (4) If effect cannot be given to the aforesaid provisions, then the remaining property shall be transferred to some charitable object. Dated this ___________ day of __________________________ 20______ _____________________ __________________________ Signature of Chairman Signature of Secretary & Date _____________________ __________________________ Name of Chairman & Tel. No. Name of Secretary & Tel. No. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 12:05pm On May 05, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:34am On May 09, 2018 |
10 ADVANTAGES AND BENEFITS OF ESTABLISHING AN NGO If you are currently running an organization that is unregistered with the Corporate Affairs Commission, or you are an individual or group with interest in the advancement of a political, educational, religious, literary, scientific, social/cultural development, sporting or charitable causes, or you may be looking to establish a Non-Governmental Organization (NGO). Here are the advantages and benefits you or your group will derive from registering your organization under Part “C” of the Companies and Allied Matter Act, Cap C20 Laws of the Federation 2010. The NGO becomes a Corporate Body. As a corporate body, the NGO dealings and engagement with the members of the public and the society will improve. The NGO can sue or be sued through its incorporated trustees to enforce its legal rights. Structured Financial Plan. Having an NGO can afford you a tax-free mechanism for the businesses you are transacting under the NGO. NGOs are deemed not-for-profit and therefore their activities are tax exempted. You can develop a structured financial plan using your NGO and doing business devoid of tax liabilities. This is called “tax avoidance”. Tax avoidance is a legitimate way of reducing or eliminating your tax obligation. It is NOT “tax evasion” which is criminal! Having an Enhanced Corporate Image. The public will perceive your NGO as being stable than an unregistered NGO. Political parties, government, donor agencies, financial institutions, charity organizations and other NGOs will only want to partner with your NGO to further common objectives if your NGO is registered. The NGO becomes entitled to buy land, own fixed assets and incur liabilities under its common seal. It is illegal for an unregistered organization including an unregistered NGO to buy, hold or sell land anywhere in Nigeria. Protection from Personal Liability. You can buy, acquire and register your financial stakes and assets in the name of your NGO. This is a very smart way of protecting yourself from unlimited liability for bankruptcy, foreclosure, judgement debt, or divorce proceedings in future. Your assets and property registered in the name of your NGO can never be targeted or attached for the satisfaction of any debts you have incurred or be used for the settlement of your estranged wife or husband after a bitter divorce proceeding. You are better off outsmarting an ugly occurrence in future than be sorry! Perpetual Succession. This means your NGO has an unlimited life span and will continue to exist even if the founder or trustees die or leave the NGO. An NGO’s existence will only cease if it is formally wound up by the Order of Court. Amongst other benefits, this allows your organization to outlive you and even generations to come. Registering your NGO can afford you access to credit from official lenders and financial institutions. You can use a loan facility to finance a mortgage, purchase land or fixed assets, promote the activities of your NGO, or fund the NGO operations. Banks will want to see proof that your NGO is registered with the CAC as condition precedent to giving loan. Once your NGO is registered, the name is protected. Nobody can use the same name or even a name that is similar to that of your NGO throughout Nigeria. This has the benefit of legally protecting your image and NGO name from unauthorized use. Responsible Leadership. The registration of your NGO can suggest that your NGO has an effective and responsible leadership in place. Ability to open and operate a bank account in the NGO name. Operating an NGO bank account is an important asset to your NGO because it is one of the clearest signs that you are transparent. Some private persons, government, donor agencies and other NGOs will not be comfortable writing you a cheque for your NGO in your own personal name. But the NGO bank account shows everyone that your NGO is official and you are ready to begin to obtain financial support and receive monetary donations. You need to provide proof that your NGO is registered with the Corporate Affairs Commission to open a corporate bank account. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 7:17pm On May 14, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:34am On May 17, 2018 |
PUBLIC NOTICE – REMOVAL OF THE REQUIREMENT FOR PROFICIENCY CERTIFICATE In furtherance to its reform initiatives, the Corporate Affairs Commission has reviewed its Checklist and Guidelines. The Commission has also removed the requirement for Proficiency Certificate. Under the new arrangement, members of the public do not have to submit Proficiency Certificate to the Commission for registration of Companies, Business Names and Incorporated Trustee. This notice supercedes the earlier notice. The Commission remains committed to reviewing its processes to enhance service delivery. CAC… Committed to prompt and efficient service Signed Management 19/4/2018 |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 1:06pm On May 19, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 2:22pm On May 25, 2018 |
NEWS!! NEWS!! The Corporate Affairs Commission (CAC) wishes to inform its esteemed customers and the general public of the significant improvement in the cycle of pre-registration applications especially with respect to Name Reservation/Availability. Consequently, results of name reservation applications now come out within six (6) hours upon submission. As a result, our valued customers and the general public are advised to check their mails and portals promptly for result of their Name Reservation applications six (6) hours after submission. Signed: MANAGEMENT |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 3:40pm On May 28, 2018 |
Happy Children day, Nigeria |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 12:06pm On May 31, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 9:29am On Jun 05, 2018 |
Distance, no longer a barrier to business registration. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 7:44pm On Jun 10, 2018 |
24 HOURS PRE-REGISTRATION SERVICES The Corporate Affairs Commission (CAC) wishes to remind its esteemed customers and the general public of the significant improvement in the cycle time for processing new applications for registration. Accordingly, all new applications for registration are concluded within 24 Hours except applications that have been queried for non-compliance with laid down requirements. To eliminate incidence of queries, our valued customers and the general public are advised to carefully go through the Registration Guidelines/Check Lists available on the Commission’s website: www.cac.gov.ng Furthermore, our valued customers and the general public are advised to check their mails and Status Page on the Commission`s Portal for result of all their applications. Signed: MANAGEMENT |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 9:41am On Jun 11, 2018 |
Incorporated Trustees Timelines S/N SERVICE TIMELINE 1 Reservation of Name Same day for all requests submitted before 5.05pm 2 Incorporation of trustees Twenty four (24) Hours 3 Filing of notice of change of name Twenty Four (24) Hours 4 Filing of notice of change in trustees Twenty Four (24) Hours 5 Filing of notice of amendment of constitution Twenty Four (24) Hours 6 Filing of annual return Twenty Four (24) Hours 7 Filing of notice of court order for dissolution of incorporated trustees Twenty Four (24) Hours 8 Filing of other documents (miscellaneous) Twenty Four (24) Hours 9 Search on incorporated trustees file Twenty four (24) Hours 10 Certified true copy of certificate of incorporation Twenty four (24) Hours 11 Certified true copy of constitution Twenty four (24) Hours 12 Certified true copy of incorporation form Twenty four (24) Hours 13 Certified true copies of other documents Twenty four (24) Hours NOTE:Please note that 24 hour service delivery period for post incorporation activities applies to filings made in the Head Office only. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 6:59pm On Jun 27, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 9:32am On Jun 28, 2018 |
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 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. MINIMUM SHARE SUBSCRIPTION 25% of authorized share capital RESERVATION OF NAME 60 days reservation period PROHIBITED NAMES Any name the Commission considers: Capable of misleading as to the nature and extent of its activities Undesirable, offensive or contrary to public policy. 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. CONSENT OF THE 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 |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 9:25am On Jul 02, 2018 |
CHECKLIST FOR POST REGISTRATION OF BUSINESS NAMES 1. CHANGE OF PROPRIETOR’S NAME PURSUANT TO S.577 CAMA a. Application letter for change, correction or inclusion of proprietor’s name. b. Duly Completed form reflecting the altered name. c. Form CAC BN/1 to be generated and photocopied by the Applicant. d. Submission of original form issued at the point of registration for cancellation. e. Evidence of change of name e.g. Marriage certificate, newspaper publication. f. Affidavit in support of the correction stating the reasons for the change thereon. g. Photocopy of means of valid identification of the applicant/ proprietor. h. Payment of up to date annual returns (if due) with effect from 1993 as the case may be. i. Payment of filing fee. 2. REMOVAL OR ADDITION OF PARTNER PURSUANT TO S.577 CAMA a. Application letter for addition or removal of partner. b. Duly completed application form reflecting the altered changes i.e. the added proprietor (s) in case of addition & existing proprietor(s) in the case of removal. c. Generate fill and photocopy form CAC/BN/1. d. Letter of resignation from the partner resigning. e. Submission of valid means of identification by the applicant. f. Death Certificate in respect of a partner sought to be removed in the event of death. g. Submission of original form for cancellation. h. Payment of up to date annual returns. i. Filing fees. 3. APPLICATION FOR CERTIFIED TRUE COPY OF CERTIFICATE AND FORM CAC/BN/1 PURSUANT TO S.581 OF THE CAMA a. Application letter for certified true copy of Certificate of registration and form as the case may be. b. Affidavit of loss (where applicable) deposed to by a proprietor. c. Photocopy of means of valid identification of the Applicant/Proprietor. d. Submission of photocopy form CAC/BN/1 from the applicant record or generation of another form CAC/BN/1. The information on the newly generated form CAC/BN/1 must however tally with the Commission’s record. e. File up to date annual returns. f. Payment of filing fees for certified true copies of the certificate and CAC/BN/1. |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 2:36pm On Jul 02, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by IamShiningStar(f): 12:50am On Jul 03, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:38am On Jul 04, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:45am On Jul 04, 2018 |
INCREASE IN SHARE CAPITAL Requirements for filing of notice of increase in authorized share capital include the following: Resolution for increase in share capital signed by a director and secretary or 2 directors Duly stamped form for notice of increase in authorized share capital Updated annual returns filing Updated section 553, CAMA filing where applicable Payment of fees NOTE: i. Notice of increase in share capital shall be filed with the Commission within 15 days of passing the resolution ii. Increase in authorized share capital shall not take effect unless the directors deliver to the Commission within 6 months of filing the notice of increase, a statutory declaration that not less than 25% of the share capital (including the increase) has been issued. iii. Where ii above is not complied with, the increase shall have no effect and the company shall be required to file a new notice of increase in share capital. REDUCTION IN SHARE CAPITAL Requirements for filing of notice of reduction of authorized share capital include the following: Special resolution for reduction in share capital signed by a director and secretary or 2 directors and stating the mode of reduction Certified true copy of Court order sanctioning the reduction of share capital Applicant must fully comply with sections 106 & 107 of the CAMA and the following. i. amount of share capital ii. number of shares into which share capital is divided iii. amount of each share iv. amount (if any) deemed paid on each share at date of registration v. duly stamped Memorandum and Articles of Association reflecting reduced share capital vi. updated annual returns filing vii. updated section 553, CAMA filing where applicable (in case of Microfinance Banks, compliance with section 553 became payable from 2004) viii. payment of fees NOTE: Notice of reduction in share capital shall be filed with the Commission within 15 days of the court order confirming the reduction. ALTERATION OF MEMORANDUM AND ARTICLES OF ASSOCIATION Requirements for filing notice of alteration of Memorandum and Articles of Association include the following: Special resolution for alteration of Memorandum and Articles of Association signed by a director and secretary or 2 directors and stating the altered clauses and or articles Duly stamped Memorandum and Articles of Association marked “as Altered” and reflecting the altered clauses and or articles Updated annual returns filing Updated section 553, CAMA filing where applicable (in case of Microfinance Banks, compliance with section 553 became payable from 2004) Payment of fees NOTES: i. Notice of alteration in the provisions of memorandum of association must be filed with the Commission within 15 days except notice of alteration in the business or object of the company which must be filed with the Commission within 15 days after the 28 days limited for application to court for cancellation of the alteration ii. Subscribers’ column in the Memorandum and Articles of Association must not be altered MEMORANDUM OF PLEDGE OR HYPOTHECATION Requirements for filing of notice of pledge or hypothecation include the following: Duly stamped memorandum of pledge or hypothecation Payment of fees NOTE: Notice of hypothecation or pledge shall be filed with the Commission within 14 days of the memorandum of pledge or hypothecation. CHARGES Requirements for filing of notice of charge on a company’s property or undertaking include the following: Duly stamped and sealed deed with counterpart copy Duly completed form for notice of charge Court order where applicable (section 205 of the CAMA for late filing of mortgage) Photocopy of previous registered deed in case of deed of upstamping Payment of fees NOTES: i. Notice of a charge shall be filed with the Commission within 90 days of the creation of the charge ii. In the case of mortgage , evidence of application for Governor’s consent duly submitted to the appropriate authority must be disclosed. DEED OF RELEASE OR SATISFACTION OF CHARGE Requirements for filing notice of deed of release or satisfaction of charge include the following: Duly stamped deed of release Duly completed form for satisfaction of charge Payment of fees NOTE: Notice of release or satisfaction of a charge shall be filed with the Commission within 14 days of the release or satisfaction. APPOINTMENT OF RECEIVER/MANAGER Requirement for filing of notice of appointment of Receiver/Manager include the following: 1. In the case of an appointment by the court – Certified true copy of court order appointing Receiver/Manager delivered to the Commission within 7 days of the order Copy of summary of statement received from the company and or comment thereon where Receiver/Manager is appointed on behalf of holders of debenture secured by floating charge 2. In the case of appointment under power contained in any instrument – Duly stamped deed of appointment Notice of appointment Payment of fees DISCHARGE OF RECEIVER/MANAGER Requirements for filing notice of discharge of Receiver/Manager include the following: Duly stamped deed of discharge Notice of discharge as Receiver/Manager Payment of fees CESSATION TO ACT AS RECEIVER/MANAGER Requirements for filing of cessation to act as Receiver/Manager include the following: Notice of cessation to act by Receiver/Manager Abstract of the aggregate amount of Receiver/Manager’s receipts and payments during all the relevant periods between the date of his appointment and the date of his cessation to act Payment of fees RE-REGISTRATION OF PRIVATE COMPANY LIMITED BY SHARES AS PUBLIC COMPANY Requirements for re-registration of private company limited by shares as public company include the following: Evidence of name reservation Special resolution for re-registration signed by a director and secretary or 2 directors Application for re-registration Duly stamped copy of Memorandum and Articles of Association as altered in pursuance of the resolution Written statement certified on oath by the directors and secretary that the paid up capital of the company at date of the resolution is not less than 25% of the authorized share capital of the company Copy of balance sheet of the company as at date of resolution or the preceding six months, whichever is later Statutory declaration by a director and the secretary that the required special resolution has been passed and that the company’s net assets are not less than the aggregate of the paid up share capital and undistributable reserves Copy of prospectus or statement in lieu of prospectus delivered to Securities and Exchange Commission within the 12 months preceding the date of the resolution Updated annual returns filing Updated section 553, CAMA filing where applicable (in case of Microfinance Banks, compliance with section 553 became payable from 2004) Payment of fees NOTES: i. The special resolution must state that the company be re-registered as a public company and that such alterations be made in the Memorandum and Articles of Association as are necessary to bring it in conformity with the requirements of CAMA with respect to a public company ii. A company shall not be re-registered as a public company if it has previously been reregistered as an unlimited company iii. Notice of the special resolution must be filed with the Commission within 15 days after the passing of the special resolution. RE-REGISRATION OF PRIVATE COMPANY LIMITED BY SHARES AS UNLIMITED COMPANY Requirements for re-registration of a company limited by shares as unlimited company shall include the following: Evidence of name reservation Application for re-registration signed by a director and secretary Form of assent duly signed by or on behalf of all the members of the company Statutory declaration by the directors of the company that – I. Persons by whom or on whose behalf the form of assent is subscribed constitute the whole membership of the company, and II. The directors have taken all reasonable steps to satisfy themselves that each person who subscribed to it on behalf of a member was lawfully empowered to do so Duly stamped copy of Memorandum and Articles of Association incorporating the alterations set out in the application Updated annual returns filing Updated section 553, CAMA filing where applicable Payment of fees NOTES: I. The application for re-registration must set out such alterations in the Memorandum and Articles of Association required to conform with the Memorandum and Articles of Association for an unlimited company II. A company shall not be re-registered as unlimited if it had previously been reregistered ads limited by shares from unlimited III. Notice of the assent for re-registration must be filed with the Commission within 15 days after the making of the assent. UNLIMITED COMPANY AS COMPANY LIMITED BY SHARES Requirements for re-registration of an unlimited company as company limited by shares include the following: Evidence of name reservation Special resolution for re-registration signed by a director and secretary or 2 directors Duly stamped copy of Memorandum and Articles of Association as altered in pursuance of the resolution Application for re-registration signed by a director and secretary Updated annual returns filing Updated section 553, CAMA filing where applicable (in case of Microfinance Banks, compliance with section 553 became payable from 2004) Payment of fees NOTES: I. The special resolution must state that the company be re-registered as a private company and that such alterations be made in the Memorandum and Articles of Association as are necessary to bring it in conformity with the requirements of CAMA with respect to a private company II. The application for re-registration shall not be made earlier than 28 days after the passing of the resolution provided no application has been made to Court for cancellation of the resolution III. Where an application has been made to Court for cancellation of the resolution, an application for re-registration shall not be made unless the application to Court has been withdrawn or an order has been made confirming the resolution and copy of such order delivered to the Commission |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 11:57am On Jul 05, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:20am On Jul 06, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 12:03pm On Jul 16, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 3:10pm On Jul 17, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 2:57pm On Jul 18, 2018 |
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Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 11:51am On Jul 23, 2018 |
CAPACITY TO REGISTER INCORPORATED TRUSTEES Application for incorporation of trustees may be made by trustees of any community of persons bound together by custom, religion, kinship or nationality, or association established for the promotion of any religious educational, literary, scientific, social development, cultural, sporting or charitable purpose if so authorized by the community or association PRE-INCORPORATION SERVICES AND REQUIREMENTS RESERVATION OF NAME 60 days reservation period PROHIBITED NAMES The following names cannot be registered as incorporated trustees: Names similar to an existing or reserved name Names that are similar to any registered trade mark or business name except with the consent of the owner of the trade mark or business name Names that are offensive, undesirable or misleading Names that are contrary to public policy INCORPORATION OF TRUSTEES Requirements for incorporation of trustees include the following: Evidence of approval of name Duly completed set of incorporation forms Formal application for registration signed by the Chairman or Secretary or the Solicitor Extracts of minutes of general meeting signed by the Chairman and Secretary appointing trustees and adopting Special Clause in Constitution two printed copies of the constitution Trustees declaration form duly deposed to in the High Court by each trustee Cuttings (or National Library certified copy) of publication page of 3 x 2 notice of application for registration in two newspapers (1 local and 1 national newspaper) Photocopy of information page of international passport or national identity card for each trustee Impression of common seal of the association on the application form Address of the association Payment of fees NOTE: i. The extracts of meeting should list members’ present and voting pattern. ii. The notice of application published in the newspapers should state the name and principal objectives of the association, the full names of the proposed trustees and invite objections to the application within 28 days of the publication iii. Illiterate jurat should accompany thumb prints by an illiterate trustee or officer iv. Fees payable for registration of incorporated trustees should include payment for certified true copies of the association’s constitution and application form POST – INCORPORATION SERVICES AND REQUIREMENTS CHANGE AND/OR APPOINTMENT OF ADDITIONAL TRUSTEES Requirements for change or appointment of trustees include the following: Duly completed change of trustees form Formal application for change and/or appointment of additional trustees signed by the chairman or secretary or the solicitor Cuttings (or National Library certified copy) of publication page 3” x 2 notice of application for change and/or appointment of additional trustees in two newspapers (1 local and 1 newspaper) Extracts of minutes of general meeting where change or appointment of additional trustees was adopted signed by the chairman and secretary Trustees declaration form duly deposed to in the High Court by each new trustee Photocopy of information page of international passport or national identity card of each new trustee Original certificate of incorporation (or CTC of certificate where applicable) for cancellation Updated annual returns Payment of fees NOTE: i The extracts of meeting should list members present, state reasons for change or removal of trustees and show voting pattern ii The notice of application published in the newspapers should state names of old trustees including those to be removed, names of the proposed new trustees and invite objections to the application within 28 days of the publication |
Re: We Help You Register/incorporate Your Business(private Or Public) In Real Time by Six11(m): 10:10am On Jul 25, 2018 |
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