₦airaland Forum

It’s a new year and GCCL (Gomez Corporate Consult LTD) is back, revived, and active with assisting all interested company promoters with their relevant corporate demands.
We will also like to announce that we will be continuing our discount promo this new year, accept fast while offering last!!!

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable consideration:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Partnership/ LP: N35,000 (Certificate will be out within 10 Working days)
Limited Liability Company/ LLC: (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Limited Liability Partnership/ LLP: N60,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 40 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us at info@gomezconsult.com.

Some registrations concluded this past week.....GCCL.....the help that counts.

It’s a new year and GCCL (Gomez Corporate Consult LTD) is back, revived, and active with assisting all interested company promoters with their relevant corporate demands.
We will also like to announce that we will be continuing our discount promo this new year, accept fast while offering last!!!

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable consideration:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Partnership/ LP N35,000 (Certificate will be out within 10 Working days)
Limited Liability Company/ LLC (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Limited Liability Partnership/ LLP: N60,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 40 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us at info@gomezconsult.com.

Some registrations concluded this past week.....GCCL.....the help that counts.

It’s a new year and GCCL (Gomez Corporate Consult LTD) is back, revived, and active with assisting all interested company promoters with their relevant corporate demands.
We will also like to announce that we will be continuing our discount promo this new year, accept fast while offering last!!!

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable consideration:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Partnership/ LP N35,000 (Certificate will be out within 10 Working days)
Limited Liability Company/ LLC (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Limited Liability Partnership/ LLP: N60,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 40 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

Some registrations concluded this past week.....GCCL.....the help that counts.

It’s a new year and GCCL (Gomez Corporate Consult LTD) is back, revived, and active with assisting all interested company promoters with their relevant corporate demands.
We will also like to announce that we will be continuing our discount promo this new year, accept fast while offering last!!!

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable consideration:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Partnership/ LP N35,000 (Certificate will be out within 10 Working days)
Limited Liability Company/ LLC (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Limited Liability Partnership/ LLP: N60,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 40 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

Some registrations concluded this past week.....GCCL.....the help that counts.

It’s a new year and GCCL (Gomez Corporate Consult LTD) is back, revived, and active with assisting all interested company promoters with their relevant corporate demands.
We will also like to announce that we will be continuing our discount promo this new year, accept fast while offering last!!!

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable consideration:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Partnership/ LP N35,000 (Certificate will be out within 10 Working days)
Limited Liability Company/ LLC (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Limited Liability Partnership/ LLP: N60,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 40 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

Some registrations concluded this past week.....GCCL.....the help that counts.

oamuyi:
Good day sir,
please kindly advise me on the kind of business i can register under the code name activities of membership organization. i intend to register as business name. Thanks

A membership organization is registrable under Part F of the CAMA 2020. The Part F is called Incorporated Trustees, a membership organization cannot be register as a business name because it is a not-for-profit organization and not a profit maximization entity (business name).




Price Slash! Price Slash!! Price Slash!!!
Gomez Corporate Consult LTD is at it again, it’s our usual beginning of the year price slash on all corporate registration and services. With over 1000 companies and corporate entities registered, our expertise and professional services range across a variety of corporate registrations and consultancy in Nigeria.
Our pursuit is to offer on-spot corporate assistance and meet the needs of relevant SMEs, clients & company promoters in Nigeria & the Diaspora.

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable cost:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 45 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract a penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

SOME CORPORATE CAVEATS FOR YOUR BUSINESS IN 2022.
1. BUSINESS NAME
Yes, you registered your business name in 2021, even if it was in the month of December, the company will be due for ANNUAL RETURNS in 2022. Do not wait until the CAC search engine tag it INACTIVE before you do the needful and default will also attract penalty.

2. LIMITED COMPANIES
I incorporated my company in 2021 too. Yes, depending on the month, especially when it was incorporated before July, this means you will be filing annual returns in 2022. The law is 18 months after incorporation. Always know you have a fiduciary duty to do this and avoid penalty and INACTIVE status.

3. INCORPORATED TRUSTEES
Incorporated Trustees or NGOs? Yes, Church, Mosque, Club, Foundation, Initiative, Association etc. are also not left out on filing ANNUAL RETURNS. If, it was registered in 2021, then they are also liable to file, default will attract PENALTY and INACTIVE status on the CAC search web.

4. INACTIVE STATUS
What about I that registered before or prior 2021 and my company is showing INACTIVE on the CAC search web? Every company promoter must know that they owe the corporate entity a fiduciary duty to be free from liabilities and be in the good books of relevant industry regulators. As you may know, your company status is public knowledge. File your company’s ANNUAL RETURNS up to date.

5. UPGRADE MY BUSINESS NAME
I have a registered business name, but I desire and want to upgrade that same business name as a LIMITED COMPANY. Yes, it is achievable and stress-free, if you have the copy of the CAC Certificate of the existing Business Name. Do this to keep trading with the goodwill you have built on the existing business name.

6. CHANGE IN REGISTERED COMPANY ADDRESS
My company recently relocated its office address from where we initially used in the CAC documents. Yes, that is a welcome development, but you must act in good faith by duly notifying and filing to effect this change in the company document with the CAC. You will be penalize if you default after 14 days.

7. I WANT A GROUP
I want to expand, or I have expanded my business interests, but I have only 1 registered limited company and will like to have a GROUP. Having a GROUP is possible and it is not cumbersome. You must have at least 3 registered companies, this companies will be the subsidiaries and shareholders of the intended GROUP. Then, getting the GROUP is achievable.
8. CHANGE IN THE COMPANY STRUCTURE
My company made some changes in the structure of the company whether recently or before now and we would like to effect the changes in the bank. Do you know that you owe a fiduciary duty to firstly notify and file the changes within 14 days with the CAC? Default will attract fines and penalties. Always keep your company safe from liabilities.

9. VALUED ADDED TAX (VAT)
My registered business name has commenced operation on or before 6 months ago and I don’t know I am meant to be filing VAT (Value Added Tax) monthly. Ignorantia Juris Non Excusat (Ignorance of the law is not an excuse). It is meant to be filed on or before 21st of every month. Do this and avoid any penalty or liability from the FIRS.

10. USING NGO TO DO BUSINESS
I registered a Limited by Guarantee or an Incorporated Trustees (Club, Church, Mosque, Association, Initiative, Foundation etc.) and I have running business services or goods with it, and I have been making profit from it, though I have been using majority of the proceeds to further the objectives of the NGO. Desist from such acts, it is called ultra-vires. You are not meant to run a business with an NGO, unless you want it to be taxable and an IT isn’t a profit-making machine. Continuity will attract penalties, fines and soil the integrity of the entity.

The year 2021 have it’s uniqueness, a year preceding a period of uncertainties and lockdowns, however, at its dawn we paddled our ways through it in times of good, concerning and best days.
In 2022, the best is yet to come in our own perfect ways, in the ways we are beautiful, in the ways we are humans, we are here!
Happy New Year, Let make it ours, as we assert our MORE THAN CONQUEROR RIGHTS…..

*GCCL…..the help that counts.*



Price Slash! Price Slash!! Price Slash!!!
Gomez Corporate Consult LTD is at it again, it’s our usual beginning of the year price slash on all corporate registration and services. With over 1000 companies and corporate entities registered, our expertise and professional services range across a variety of corporate registrations and consultancy in Nigeria.
Our pursuit is to offer on-spot corporate assistance and meet the needs of relevant SMEs, clients & company promoters in Nigeria & the Diaspora.

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable cost:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 45 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

The year 2021 have it’s uniqueness, a year preceding a period of uncertainties and lockdowns, however, at its dawn we paddled our ways through it in times of good, concerning and best days.
In 2022, the best is yet to come in our own perfect ways, in the ways we are beautiful, in the ways we are humans, we are here!
Happy New Year, Let make it ours, as we assert our MORE THAN CONQUEROR RIGHTS…..

*GCCL…..the help that counts.*



Price Slash! Price Slash!! Price Slash!!!
Gomez Corporate Consult LTD is at it again, it’s our usual beginning of the year price slash on all corporate registration and services. With over 1000 companies and corporate entities registered, our expertise and professional services range across a variety of corporate registrations and consultancy in Nigeria.
Our pursuit is to offer on-spot corporate assistance and meet the needs of relevant SMEs, clients & company promoters in Nigeria & the Diaspora.

We assisted clients/ promoters in the following areas:
1. Company Registration (Business Name & Partnership)
2. Limited by Shares Companies (Private Limited Company, Public Limited Company, Unlimited Company, Limited by Guarantee)
3. Incorporated Trustees (Foundation, NGO, Club, Church, Initiative, etc)
4. Intellectual Properties (Trademark, Patents, Specialized Designs)
5. Taxation (TIN Application, TCC Application, CIT Filings, VAT Filings, etc)
6. EFCC SCUML Application
7. NAFDAC Registration
8. Post Incorporation Services (Annual Returns, Removal or Appointment of Directors, Alteration to the Memart etc)
9. Corporate Services (Consent Code Application, Company Search etc)
10. Consulting Services (Assisting clients/promoters who have ongoing/pending registrations).

Some of our services at affordable cost:

Business Name Registration: N20,000 (Certificate will be out within 10 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 10 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 35 days (inclusive of the mandatory 28 days for a public opinion after the newspaper publications).

Contact us by visiting our website: www.gomezconsult.com call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.