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

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What are the duties of a director of a Company

(1) A director of a company stands in a fiduciary relationship towards the company and shall observe utmost good faith towards the company in any transaction with it or on its behalf.

(2) A director owes fiduciary relationship with the company where—
(a) a director is acting as agent of a particular shareholder ; or
(b) though, he is not an agent of any shareholder, such a shareholder or
other person is dealing with the company’s securities.

(3) A director shall act at all times in what he believes to be the best interests of the company as a whole so as to preserve its assets, further its business, and promote the purposes for which it was formed, and in such manner as a faithful, diligent, careful and ordinarily skilful director would act in the circumstances and, in doing so, shall have regard to the impact of the company’s operations on the environment in the community where it carries
on business operations.

(4) The matters to which a director of a company is to have regard in the performance of his functions include the interests of the company’s employees.
in general, as well as the interests of its members.

(5) A director shall exercise his powers for the purpose for which he is specified and shall not do so for a collateral purpose, and the power, if exercised
for the right purpose, does not constitute a breach of duty, if it, incidentally, affects a member adversely.

(6) A director shall not fetter his discretion to vote in a particular way.

(7) Where a director is allowed to delegate his powers under any provision of this Act, such a director shall not delegate the power in such a way and manner as may amount to an abdication of duty.

All the best of the weekend vibes. Let's think production.

Blessed Sunday

Contact us for CAC Company/Business Name registration, EFCC SCUML certificate, Change of Directors/Shareholders, Upgrade of Business Name to Company, Filing of Annual Returns, Activation of Company/Business (from Inactive to Active), Copyright & Trademark registration, NGO/Foundation/Club, Church, School registration, FIRS Tax Identification Number, Change of Trustees etc.

If default is made in holding a meeting of a company in accordance with subsection (1) -

The Commission, may, on its own or on the application of any member of the company call, or direct the calling of a general meeting of the company and give such ancillary or consequential directions as the Commission considers expedient, including directions modifying or supplementing -

In relation to the calling, holding, conducting of the meeting, the operation of the company’s articles, and that the directions that may be given under this subsection shall include a direction that one member of the company present in person or by proxy may apply to the court for an order to take a decision which binds all the members.

NAME OF COMPANY

28. Subject to the provisions of section 27 of this Act, the form of memorandum of association of—

(a) a company limited by shares,
(b) a company limited by guarantee, and
(c) an unlimited company,
shall be in such form as may be prescribed by regulations issued by the Commission.

The name of a private company limited by shares shall endbwith the word, “Limited”.

(2) The name of a public company limited by shares shall end with the words, “Public Limited Company”.
(3) The name of a company limited by guarantee shall end with the words, “Limited by Guarantee”.
(4) The name of an unlimited company shall end with the word, “Unlimited”.
(5) A company may use the abbreviations, “Ltd”, “PLC” “Ltd/Gte” and “Ulta” for the words, “Limited”, “Public Limited Company”, “Limited by Guarantee” and “Unlimited” respectively in the name of the company.

Let's register your business today

All businesses transacted at annual general meetings are deemed special business, except declaring a dividend, presentation of the financial statements and the reports of the directors and auditors, election of directors in the place of those retiring, the appointment, fixing of the remuneration of the auditors, appointment of members of the audit committee and disclosure of remuneration of managers of a company, which are ordinary business.

An error or omission in a notice with respect to the place, date, time or general nature of the business of a meeting shall not invalidate the meeting, unless the officer of the company responsible for the error or omission acted in bad faith or failed to exercise care and diligence provided that in the case of accidental error or omission, the officer responsible shall effect the necessary correction either before or during the meeting.

It is however important for individuals registering a business name to be aware that registration of a business name does not entail a separate legal personality like a limited liability company, and any liability incurred in the cause of doing such business maybe personally extended to the owner or the proprietor of the business.

Finally, it worthy of note that a foreigner intending to participate in Nigeria business cannot do so through a registration of an enterprise, as foreign participation in Nigeria’s business entails different legal requirements, which does not give a room for a foreigner to use a business name as a mode of business set up in Nigeria.

Business Registration (Cpraxis Consult)

Business Names:
1. Name Reservation
2. Name Reservation for Restricted words
3. Business Name Registration and Certified True Copy of Registration
4. Change of Name
5. Annual Returns and other Post registration and miscellaneous filings
6. Status Report/Letter of Good Standing


To be continued.......

The certificate of incorporation shall be prima facie evidence that all the requirements of this Act in respect of registration and matters precedent and incidental to it have been complied with and that the association is a company authorised to be registered and duly registered under this Act.

The Commission may withdraw, cancel or revoke a certificate of incorporation issued under this Act where it is discovered that the certificate was fraudulently, unlawfully or improperly procured.

The Commission may cause the publication of the withdrawal, cancellation or revocation of certificates of incorporation periodically in the Federal Government Gazette.

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.

Why You should Register your business quickly in Nigeria

There are several benefits of having your Business and NGO registered

Legal Recognition and Status
Enhanced Credibility and Trust
Protection from Liability
Access to Loans and Grants
Ability to Bid for Government Contracts
Increased Business Opportunities
Ability to Open a Corporate Bank Account
Ability to Hire Employees
Ability to Conduct Business with Other Countries
Increased Brand Awareness
Ease of Transferring Ownership
Increased Compliance with the Law
Peace of Mind
Access to Government Services
Increased Professionalism
Protection of Intellectual Property Rights
Getting on Record.

Let's get you on board quickly.

All businesses transacted at annual general meetings are deemed special business, except declaring a dividend, presentation of the financial statements and the reports of the directors and auditors, election of directors in the place of those retiring, the appointment, fixing of the remuneration of the auditors, appointment of members of the audit committee and disclosure of remuneration of managers of a company, which are ordinary business.

Blessed Sunday

We also register NGOs such as the Nigerian Heart Foundation.

Let's register your NGO today.


Nigerian Heart Foundation

This NGO promotes heart health, scientific research in cardiovascular health, healthy lifestyles and advocacy on heart issues.


Their Activities:

Awareness

Advocacy

Prevention

Heart Health Promotion

Research

Fund Raising

Etc

We are known for timely delivery. Register your business today.

Open for business

Let's register your business today

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.

Blessed Sunday

Let's register your business today

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All businesses transacted at annual general meetings are deemed special business, except declaring a dividend, presentation of the financial statements and the reports of the directors and auditors, election of directors in the place of those retiring, the appointment, fixing of the remuneration of the auditors, appointment of members of the audit committee and disclosure of remuneration of managers of a company, which are ordinary business.

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

The Corporate Affairs Commission (CAC) says it has begun the process of removing companies from its register.

The commission said the striking off is due to the noncompliance with the provisions of the Companies and Allied Matters Act of 2020.

CAC urged companies to check its website for affected companies.

About 94,581 firms are being prepared for removal, according to a public notice on the list of affected organisations obtained from the commission’s website.

We Register Trademarks and Patents

The Trademarks, Patents and Designs Registry under the Commercial Law Department of the Federal Ministry of Trade and Investment, is the relevant trademark authority. Application for the registration of a trademark may be made by the proprietor or by an agent except in the case of a foreign proprietor where a local agent must be used. Barring all bureaucratic delays at the Registry, the entire process of registering a trademark usually takes about 12 to 18 months. Where the owner of a foreign product intends to import it to the Nigerian market or a foreign business intends to carry on business in Nigeria, it is necessary for the trademark of the product or business to be registered in Nigeria to enable the owner benefit from the exclusive right over the trademark in Nigeria.

Register a business today. Our business support service is here to support you. Have a beautiful Sunday.