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How To Register A Business Name With CAC | Step By Step Guide - Business - Nairaland

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How To Register A Business Name With CAC | Step By Step Guide by gasufri: 8:03am On Jan 22, 2019
The Corporate Affairs Commission (CAC) of Nigeria was established in 1990 vide Companies and Allied Matters Act no 1 (CAMA) 1990 as amended, now on Act cap C20 Laws of federation of Nigeria.

It is an autonomous body charged with the responsibility to regulate the formation and management of companies in Nigeria. It carry out its functions through accredited members of Association of National Accountants of Nigeria, Institute of Chartered Accountants of Nigeria, Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) and the Nigerian Bar Association (NBA).

It is headed by a Registrar-General. Prior to the enactment of CAMA, these activities were carried on under the Companies Act 1968.(CA 1948)

Due to some reasons, a great number of people have made plans to register and run their companies but do not know the steps to take in doing this. This article is going to guide you through the process of successfully registering a company with the Coperate Affairs Commission (CAC).

This article will shade light on;

Step by Step on how to Register a Company (Private or Public)
Step by Step on how to Register a Limited by Guarantee
Conversion and Re-registration of Private Company as Public
Re-registration of company Limited by Shares as unlimited Company
Re-registration of Unlimited Company as Limited by Shares
Registration of Mortgages, Debentures and Charges
Increase in Share Capital
Change of Name
Company Searches
Obtaining Certified True Copies (CTC) of filed Documents
CTC OF Certificates
Other Statutory Filings

How to Register a Company (Private or Public)
To successfully register a company name, follow the steps below;

Check for the availability of proposed company name. To check for the availability of a business name, click Here

Complete pre-registration form – CAC1.1. To complete and upload the form, click Here

Pay filing and Stamp duty fees.  To check the Fees for our Services, click Here

Prepare the signed scan copy of your pre-registration documents for upload as follows:

Form CAC1.1

Memorandum and Article of Association (MEMART)

Recognized form of identification for Director(s)/Subscriber(s) and Secretary

Evidence of payment to CAC

Upload the scanned documents for processing. (click here)

Submit the original copies of the documents uploaded at step 6 (Form CAC1.1, MEMART, etc) to the CAC office you had selected in exchange for your certificate and the Certified True copies of the documents.

Step by Step on how to Register a Limited by Guarantee

Check for Name Availability. To check for the availability of a business name, click Here

Reserve a Name.

Fill CAC1.1 Form. To complete and upload the form, click Here

Pay appropriate Stamp duty fee to Federal Board of Inland Revenue Service

Pay filing fee to Corporate Affairs Commission

Scan and save as PDF format the dully completed Form CAC1.1 together with Memorandum and Articles of Association (MEMART), recognized form of identification for Director(s)/Subscriber(s) and Secretary. Upload the scanned documents for processing.

The Commission is oblidged to obtain approval of the Attorney General of the Federation before registration of the Company Limited by Guarantee.

Conversion and Re-registration of Private Company as Public

Application should be accompanied by the following:

Special resolution signed by at least two directors to conver and register the company

Memorandum and Articles of Association as required under CAMA for public companies

Written statement by the Directors in respect of share capital

Balance shet as at the date of the resolution or the preceding six months, whicevre is later

Statement must show that the paid-up capital of the company as at the date of the application is not less than 25 percent of the authorized share capital

Copy of any prospectus or statement in lieu of prospectus delivered within 12 months to Commission

Payment of filing fees

Annual Returns to be filed up to date

Evidence of S.636 (in case of banks etc)

Re-registration of company Limited by Shares as unlimited Company

An application in the prescribed form signed by two directors and the Secretary and accompanied by:

A prescribed form of assent to the company being registered as unlimited

A statutory declaration made by directors of the company

Stamped Memorandum and Articles of Association incorporating the alterations set out in the application
Payment of filing fees


See details>>>https://www.infomaza.com/register-company-cac

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