Happy Sunday

How is Private Schools registered with CAC

Why Private Schools (Nursery, Primary & Secondary) cannot be Registered as a Business Name but as Private limited company

This is because an institution is essentially a body corporate with perpetual succession, capable of contracting and (subject to such restrictions as may be imposed by other laws) issuing certificates in its own name, which attributes are absent in a business name.

How long does it take to register a business name in Nigeria?

Business name registration is faster. If the applicant provides all the required information, it takes just within 72 to register a business name in Nigeria.


If you would like us to undertake the whole process of registering your business in Nigeria and get your approved Certificate of registration or Incorporation to you,reach us by Call/WhatsApp on 07033097160.

Let's register your business today.

Let's file Your Post Incorporation Changes

Filing of Change of Directors.

We will require the following information

A. Copies of your Incorporation documents

B. Name of Outgoing Director

C. Name, Phone number, address, email and ID card(NIN) of incoming director


*Note that increase in shares and change of directors are separate service requests*

Let's file your annual returns today.

You are sure of timely delivery

>>> The CAC is at it again and this time they are enforcing the full penalty for non-compliance with filing of CAC Annual Returns for all registered entities with the CAC.

Please press play to read our expert opinion on the implications of this notice

“But what is this CAC Annual Returns?” you might ask. It’s a crucial obligation all registered business owners are meant to provide the CAC with updated information about the company’s operations, financial position, and ownership structure. This filing is required yearly, at the time prescribed by the law. Failure to file consecutively for 10 years can result in your company name being removed from the CAC’s list of businesses and recovery of of undischarged penalties against the entities directors and officers.


File your annual returns today.

Happy Sunday

We are Chartered CAC Accredited Agents. We are into registration of your Business Name, Company (Private Limited Company and Public Limited Company), Limited Partnership and Limited Liability Partnership, Incorporated Trustee as Foundation, NGO, CLUB, Association, Churches, Mosque etc, with CAC.

We also undertake the rigorous process of your CAC post registration services such:

As Annual returns, change or correction of name, name substitution, change of address, change of directors, change of nature of business, registration of business name as a limited company etc.


If you would like us to undertake the whole process of registering your business in Nigeria and get your approved Certificate of registration or Incorporation to you,reach us by Call/WhatsApp on 07033097160

Open for business.

A Business Name means the name and style under which a business is carried on. A Business Name may be a Sole Proprietorship or a Partnership. It is a Sole Proprietorship if it is carried on by an Individual or a Corporate Body solely.

It is a Partnership if it is carried on by two or more Individuals or Corporate Bodies or a combination of Individuals and Corporate Bodies. A Business Name does not enjoy legal personality. It is not separate from the proprietor or partners for the purpose of liability. The liability of the proprietor or partners in a Business Name is not limited.

File your annual returns.

“But what is this CAC Annual Returns?” you might ask. It’s a crucial obligation all registered business owners are meant to provide the CAC with updated information about the company’s operations, financial position, and ownership structure. This filing is required yearly, at the time prescribed by the law. Failure to file consecutively for 10 years can result in your company name being removed from the CAC’s list of businesses and recovery of of undischarged penalties against the entities directors and officers.

Don’t wait for the rush hour to hit! The earlier, the better, and more cost-effective it is for you and your business.

Filing with us at Cpraxis Consult is hassle-free and our filing fees re affordable!


So, why take chances? Act now! For any inquiries or to get started, simply send us a Dm or Call/WhatsApp 07033097160.

happiness440:
Every business, private limited company, and trustee organisation in Nigeria is required to file annual returns on a yearly basis. To do so, they must complete the prescribed form, submit it to the Corporate Affairs Commission (CAC), and include the specified information about their organization as required by the Companies and Allied Matters Act (CAMA). Chapter 16 of the CAMA (2020) makes it a statutory prerequisite for every company in Nigeria to file annual returns every year.

Each calendar year, returns must be filed (i.e. annually). On the other hand, newly incorporated companies need not file returns for the first 18 months post-incorporation, whereas older companies must submit their annual returns no later than 42 days following their annual general meetings.


For more information, Call/WhatsApp 07033097160

Cac as disappointed us dey can register any thing alot of scam and platforms have defrauded is things it's real because Dr register under CAC

Do you run an agricultural related business? We are CAC Accredited registration agent in Nigeria.We register Agro business & exporters with business name & limited company certificate from CAC & process Export license certificate from NEPC.

Happy Sunday

Why you will need a Scuml Certificate if your venture is categorized as Designated Non-financial Institution (DNFI)


What is a SCUML Certificate and how do I get one?

Special Control Unit Against Money Laundering (SCUML) is a governmental agency that was established in line with the Money Laundering (Prohibition) Act 2004 now Money Laundering(Prohibition) Act 2011 . This agency is charged with the responsibility of solely monitoring, supervising, and regulating the activities of Designated Non-Financial Institutions (DNFIs).

The SCUML certificate is issued by the EFCC and serves as proof that the organisation’s bank account is not used for money laundering activities and certifies the organisation as legitimate. Any organisation who falls under the DNFI but has not registered with SCUML may not be allowed to have a bank account with any financial institution.


To be continued........

Let's file your annual returns

Who are under DNFIs?

Section 25 of the ML § Act defines DNFIs as dealers in;

Jewellery
Cars and luxurious goods dealers
Precious stones and metals dealers
Real Estate agents
Estate Developers
Estate Surveyors and Valuers
Estate Agents
Chartered Accountants
Audit Firms
Tax Consultants

Clearing and Settlement Companies
Hotels
Casinos
Supermarkets
Dealers in mechanised farming equipment and machineries
Practitioners of Mechanised Farming
Non Governmental Organisations (NGOs)
How do I register?
Registration can be done on the SCUML website at no cost.

What do I need to register?
Business Name

Certificate of Incorporation,
BN FORM 01, (Proprietor’s Particulars)
Evidence of tax registration (TIN letter) and
Professional certificate where applicable.
BVN, Bank Name, and Account Number
Companies

Certificate of Incorporation
Memorandum and Articles of Association
Form CAC 1.1 (CAC 2 and CAC 7 FOR OLD REGISTRATION)
Evidence of tax registration (Tax Identification Number (TIN)
BVN, Bank Name, and Account Number
Trust/NGO

Certificate of Incorporation/Registration
Incorporation of Trustees or CAC7 and CAC 2
Identification of Trustees with a valid means of identification
Constitution/Memorandum & Articles of Association
Tax Identification Number (TIN) or Tax Exemption
Particulars of Settlors
Particulars of Protector (if any)
Copy of Cooperation Agreement (For international NGOs)
Trust Deed Agreement
BVN, Bank Name, and Account Number
Religious Organisation

Certificate of Incorporation/Registration
Incorporation of Trustees
Identification of Trustees with a valid means of identification
Constitution
Association /Clubs/Societies

Certificate of Incorporation/Registration
Copy of Constitution/Bye-Laws etc
Particulars of the trustees
Reliable means of Identification of at least two of the trustees
Tax Identification Number (TIN) or Tax Exemption
BVN, Bank Name, and Account Number
What happens next?
Once your application is successful, your organisation will receive its own unique SCUML registration number and a SCUML registration certificate.

We are Chartered CAC Accredited Agents. We are into registration of your Business Name, Company (Private Limited Company and Public Limited Company), Limited Partnership and Limited Liability Partnership, Incorporated Trustee as Foundation, NGO, CLUB, Association, Churches, Mosque etc, with CAC.

We also undertake the rigorous process of your CAC post registration services such:

As Annual returns, change or correction of name, name substitution, change of address, change of directors, change of nature of business, registration of business name as a limited company etc.



If you would like us to undertake the whole process of registering your business in Nigeria and get your approved Certificate of registration or Incorporation to you,reach us by Call/WhatsApp on 07033097160.

Happy Sunday

Let's register your business today. We register all categories of business in the different sectors of the economy.

To register an NGO, one need to follow laid down process. It's registration is peculiar in that it can only be done under Part A of the Companies and Allied Matters Act as a company limited by guarantee or by Part C of the Company and Allied Matters Act as Incorporated Trustees.

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Happy new month. May the blessing and grace of the new month bear forth in your families and business.

Business registration is still ongoing. Your business name or private limited company should be registered and gain credibility and enhanced success.

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Happy Sunday