Still showing processing since Tuesday after uploading . Does it take that long?

gentyholar:
Still showing processing since Tuesday after uploading . Does it take that long?

1. The truth is that CAC online service was a bit slow and not optimal last week, that could be the cause of the delay.
2. Your pickup State could also be the reason behind the delay, as they are the ones who get to respond to your application, if they are not so fast then that could cause a delay.
This is a new week ahead of us, they (CAC) will definitely respond, be hopeful.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

In Gomez Corporate Consult LTD, our expertise and professional services range across 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 & 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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

Hello House,
Please how do I upload my ID's on the //docupload.cac.gov.ng/. I have 3 ID's to upload (2 Directors and 1 secretary) and I can only see 1 at a time. Please assist.

Please can someone explain what this query is all about. I uploaded all the receipt in a single pdf gòkè

akpumpy:
Hello House,
Please how do I upload my ID's on the //docupload.cac.gov.ng/. I have 3 ID's to upload (2 Directors and 1 secretary) and I can only see 1 at a time. Please assist.

You will have to get a PDF software that can merge multiply images together as one file, you can as well download it online and merge all the three ID cards into one single PDF document.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

gentyholar:
Please can someone explain what this query is all about. I uploaded all the receipt in a single pdf gòkè

You do not need to upload all the receipts, the only receipt needed is the filing fees receipt, no even the name availability receipt, simple just the filing fees receipt.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

my name reservation was approved 3 months ago, but when i enter d code to proceed, nothing happens

CHARLOE:
my name reservation was approved 3 months ago, but when i enter d code to proceed, nothing happens

According to Section 32 (CAMA, LFN 2004)
(1) The Commission may, on written application and on payment of the prescribed fee, reserve a name pending registration of a company or a change of name by a company.
(2) Such reservation as is mentioned in subsection (1) of this section shall be for such period as the Commission shall think fit not exceeding sixty days and during the period of reservation no other company shall be registered under the reserved name or under any other name which in the opinion of the Commission bears too close a resemblance to the reserved name.

Therefore, 3 Month is 90 days as against 60 days which the law stipulate.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

Professionals in The House..
I've given my biz name to be registered by a fellow around CaC Office over two.. and yet to collect the Cert..
He has been been given silly excuses, saying hed done it and remain to collect the Certificate.. And C.A.C is the one delaying it..
.
But a name Seach on CAC site shows
RC Number: Not Yet Assigned
Date of Reg: Undergoing Registration
.
Please what could be the problem,, could it have come from CAC or it's the guy's fault..
Please help it over 2months already

timijoseph01:
Professionals in The House..
I've given my biz name to be registered by a fellow around CaC Office over two.. and yet to collect the Cert..
He has been been given silly excuses, saying hed done it and remain to collect the Certificate.. And C.A.C is the one delaying it..
.
But a name Seach on CAC site shows
RC Number: Not Yet Assigned
Date of Reg: Undergoing Registration
.
Please what could be the problem,, could it have come from CAC or it's the guy's fault..
Please help it over 2months already

He just submitted your documents for verification and still undergoing processing. Perhaps queried.

gentyholar:


He just submitted your documents for verification and still undergoing processing. Perhaps queried.

Thanks.. but is this normal,, after over 2months..??
Been to his place countless of times in Alausa.. I'm really furious,, normal to take this long. .?

Please house,

I recently registered a Ltd company,
Got its account from the bank which involved Tin number,ScumL and stamp.

How will I apply for tax clearing and is there a way I can reduce the tax to minimum like 1k to 5k monthly?

Thanks for your response

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If interested, WhatsApp 0.8.0.2.9.4.0.2.6.9.2

timijoseph01:
Professionals in The House..
I've given my biz name to be registered by a fellow around CaC Office over two.. and yet to collect the Cert..
He has been been given silly excuses, saying hed done it and remain to collect the Certificate.. And C.A.C is the one delaying it..
.
But a name Seach on CAC site shows
RC Number: Not Yet Assigned
Date of Reg: Undergoing Registration
.
Please what could be the problem,, could it have come from CAC or it's the guy's fault..
Please help it over 2months already

Inasmuch as i do not like to delve into third party transactions as i wasn't a witness to the said transaction. In this case, some scenario could be the cause. Which is:
1. If the registration is within two month, then it is either the person is yet to commence official filing of the registration/incorporation of the proposed company, that is move beyond the name reservation stage. As every proposed company name by law is reserved for 60 days, after which the CAC reservation expires and the name blotted out of the CAC database.
NB: Under this scenario, you will need to look out whether your address is showing when you insert the proposed company name on CAC public search. If address shows, it means he has commenced but he may or not have made payment to conclude the filing process.

2. It could also mean that the person in question have started the registration process proper but chooses to halt the process halfway without making payment to conclude the filing process.
NB: In this case, the proposed company address will definitely show.

3. Thirdly, it could mean that the person in question have officially conclude the filing process, you acting in the capacity as the company promoter have gotten the company documents and have officially signed the proposed company documents, delivered it back to him and the person in question submitted the application, it was queried and he is still battling with the CAC query.

Normally, the filing process of a company registration (Business Name or Limited Company) should not take more than 1-2 hours and the whole process to RC/BN Number should not be more than 3-5 working days for a professional CAC accredited agent. In this case, i will advise you mount pressure on the said person or visit the CAC office to know the status of the application. I wish you best of luck.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

uchman:
Please house,

I recently registered a Ltd company,
Got its account from the bank which involved Tin number,ScumL and stamp.

How will I apply for tax clearing and is there a way I can reduce the tax to minimum like 1k to 5k monthly?

Thanks for your response

For a newly registered limited company, there are three officially responsibility it is to undertake as regards FIRS tax filings and CAC annual returns. It is as following:
1. VAT: Also known as Value Added Tax (it is taxed at 5%), it is an indirect tax on the company and a consumption tax, as it is leveled/taxed on the customers or consumers, that is, if you buy groceries at Shoprite, Justrite or you take your family out for dinner at Tantalizer, the law (VAT Act) says that you must pay extra 5% of the total cost of your purchases. Let say you bought goods worth 200,000, that means you will be paying the sum of N210,000 in total as against the purchase fee of N200,000 as a customer or a client. The duty of the registered company is to collect the 5% of all goods or services rendered to their customers or client in a month and remit the accumulated 5% collected from their customers and clients to the FIRS every month. And it must be filed before the 21st of the preceding month. This means, the VAT returns of January must be filed before the 21st of February and subsequently like that every month.
NB: The VAT Act says, all registered company (either a business name or a limited company) are to commence official filing of this tax returns after 6 months of incorporating or registration.

2. CIT: Also known as Company Income Tax (It is taxed at 30%), it is a direct tax as it is leveled on the company net profit for 12 month accounting period. It is expected that that every registered limited company must start filing this returns 18 months after incorporation. Normally companies in Nigeria, uses January till December as their accounting period for the year.
For instance, lets say a company invested a capital of 10 million in a year as a normal way of doing business, at the end of the period, that is December, the accounting books shows a total turnover of 40 million. Firstly, the capital invested at the given period will first be deducted (40M-10M= 30M), so the gross profit will be 30M, afterwards all expenses and interested (salary, fittings, general expenses) will be deducted from the 30M (lets say that is totaled to 15M, that will be 30M-15M= 15M). So you are left with a net profit of 15M for the given period. The company is to file 30% of this 15M, which is 4.5M as it tax for the period, so you are now left with 10.5M as your profit for the period being accounted for. Therefore, the company income tax in this illustrated company is 4.5M, the tax is void or free from the capital invested by the company for the particular period.
NB: There are exception as regards agricultural related companies (as they are given tax-holidays for a given period), also small companies are empowered by law to file 20% to 25% depending on the financial status of the company.

ED: Educational Tax (2% of the net profit of a company), this also go along with the Company Income Tax, as companies are filing their 30% for company income tax, they are to file the educational tax as well.
NB: Therefore, the total direct tax filing for a company is said to be 32% of its net profit for a particular accounting period.

Annual Returns: This is filed with the CAC, according to CAMA (Companies Allied Matters Act), every company so registered by the Commission (CAC), for a business name/NGO/Incorporated Trustees must start filing its annual returns the next preceding year after incorporation. That is, if the business name or Incorporated Trustees was registered in 2018, it must start filing its annual returns from on or before June 2019.

While a Limited Company must file its annual returns 18 months after incorporation, lets say the company was registered in January, 2017, it must file it annual returns on or before 31st of December 2018, will lead to penalty.

In conclusion, all this responsibilities of a registered company are backed by law and cannot be played or maneuvered. There are consequences for failure to adhere.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

Hello house. I need help. I uploaded all the required documents for business name registration and they replied with a query saying "reduce format of page layout and re-upload". Please what does this mean and how do I go about it?

@ Deconsultant, thanks for your help on this thread, I followed ur advice and I got of done....if I'd gotten more money or busy I would have employed ur service. kudos bro
I got a mail this afternoon after submitting all documents this morning. "Your company registration application has been approved. Please collect certificate of incorporation at selected pick up location." when can I go and pick it up ? Thanks

Please how long does it take for certificate to be ready after receiving approval mail @ Lagos Alausa?

yishnur:
Hello house. I need help. I uploaded all the required documents for business name registration and they replied with a query saying "reduce format of page layout and re-upload". Please what does this mean and how do I go about it?

This should be the positioning of the application form.
1. It is expected that the uploaded form should be scan in an A4 size format with a printer.
2. A page layout is in two form, either as a portrait or a landscape, you are expected to scan the application form as a portrait.
3. In a clear and visible PDF format not more than 5MB.
You can follow this steps and you are good to go.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

dollarathe:
@ Deconsultant, thanks for your help on this thread, I followed ur advice and I got of done....if I'd gotten more money or busy I would have employed ur service. kudos bro
I got a mail this afternoon after submitting all documents this morning. "Your company registration application has been approved. Please collect certificate of incorporation at selected pick up location." when can I go and pick it up ? Thanks

It is a pleasure, we learn by exchange of information and knowledge. I understand that as the point of uploading of information, you choose a State for pickup, the same State is your pickup location. You just have to locate the CAC office in that State. If it is in Lagos, you must have chosen Alausa or Lagos Island and if it is Abuja (that will be Head Office in Maitama or Zone 5). Therefore, your pickup location is the CAC office in your pickup State.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

gentyholar:
Please how long does it take for certificate to be ready after receiving approval mail @ Lagos Alausa?

For CAC Alausa Lagos, i was there yesterday for despatch, the certificates i was able to collect for at the business name class was 28th, 29th and 1st of March. Normally, since the electioneering started they have been delaying despatch. I will advise a week from the date of notice that the company have been duly approved.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

DeConsultant:


For CAC Alausa Lagos, i was there yesterday for despatch, the certificates i was able to collect for at the business name class was 28th, 29th and 1st of March. Normally, since the electioneering started they have been delaying despatch. I will advise a week from the date of notice that the company have been duly approved.

Thanks bro, tried reaching you on the phone but none of your numbers are connecting.

Please can any of the proprietors go for the submission of the original documents and do the pickup same day or it has to be the main person that own the business name?

[quote author=DeConsultant post=76482534]

It is a pleasure, we learn by exchange of information and knowledge. I understand that as the point of uploading of information, you choose a State for pickup, the same State is your pickup location. You just have to locate the CAC office in that State. If it is in Lagos, you must have chosen Alausa or Lagos Island and if it is Abuja (that will be Head Office in Maitama or Zone 5). Therefore, your pickup location is the CAC office in your pickup State.


I mean when can I go ...like how many days interval to the day I received the approval message. I picked alausa already.

DeConsultant:


For a newly registered limited company, there are three officially responsibility it is to undertake as regards FIRS tax filings and CAC annual returns. It is as following:
1. VAT: Also known as Value Added Tax (it is taxed at 5%), it is an indirect tax on the company and a consumption tax, as it is leveled/taxed on the customers or consumers, that is, if you buy groceries at Shoprite, Justrite or you take your family out for dinner at Tantalizer, the law (VAT Act) says that you must pay extra 5% of the total cost of your purchases. Let say you bought goods worth 200,000, that means you will be paying the sum of N210,000 in total as against the purchase fee of N200,000 as a customer or a client. The duty of the registered company is to collect the 5% of all goods or services rendered to their customers or client in a month and remit the accumulated 5% collected from their customers and clients to the FIRS every month. And it must be filed before the 21st of the preceding month. This means, the VAT returns of January must be filed before the 21st of February and subsequently like that every month.
NB: The VAT Act says, all registered company (either a business name or a limited company) are to commence official filing of this tax returns after 6 months of incorporating or registration.

2. CIT: Also known as Company Income Tax (It is taxed at 30%), it is a direct tax as it is leveled on the company net profit for 12 month accounting period. It is expected that that every registered limited company must start filing this returns 18 months after incorporation. Normally companies in Nigeria, uses January till December as their accounting period for the year.
For instance, lets say a company invested a capital of 10 million in a year as a normal way of doing business, at the end of the period, that is December, the accounting books shows a total turnover of 40 million. Firstly, the capital invested at the given period will first be deducted (40M-10M= 30M), so the gross profit will be 30M, afterwards all expenses and interested (salary, fittings, general expenses) will be deducted from the 30M (lets say that is totaled to 15M, that will be 30M-15M= 15M). So you are left with a net profit of 15M for the given period. The company is to file 30% of this 15M, which is 4.5M as it tax for the period, so you are now left with 10.5M as your profit for the period being accounted for. Therefore, the company income tax in this illustrated company is 4.5M, the tax is void or free from the capital invested by the company for the particular period.
NB: There are exception as regards agricultural related companies (as they are given tax-holidays for a given period), also small companies are empowered by law to file 20% to 25% depending on the financial status of the company.

ED: Educational Tax (4% of the net profit of a company), this also go along with the Company Income Tax, as companies are filing their 30% for company income tax, they are to file the educational tax as well.
NB: Therefore, the total direct tax filing for a company is said to be 34% of its net profit for a particular accounting period.

Annual Returns: This is filed with the CAC, according to CAMA (Companies Allied Matters Act), every company so registered by the Commission (CAC), for a business name/NGO/Incorporated Trustees must start filing its annual returns the next preceding year after incorporation. That is, if the business name or Incorporated Trustees was registered in 2018, it must start filing its annual returns from on or before June 2019.

While a Limited Company must file its annual returns 18 months after incorporation, lets say the company was registered in January, 2017, it must file it annual returns on or before 31st of December 2018, will lead to penalty.

In conclusion, all this responsibilities of a registered company are backed by law and cannot be played or maneuvered. There are consequences for failure to adhere.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

Education tax is 2% of assessable profit and not 4% of net profit. Thanks.

phemmy26:


Education tax is 2% of assessable profit and not 4% of net profit. Thanks.

That is an error in thought, thanks for pointing that out. Education Tax is actually 2%.


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: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

Do you have an existing company that you want to reconstruct? Do you know that there are legal requirements for removing or appointing or replacing a director in a registered company?
Do you know Gomez Corporate Consult LTD is a registered accredited agent with the CAC? Do you also know that we can help you facilitate any post incorporation or reconstruction within 5-7 working days?

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 at a subsidized fees).

Some of our services at affordable cost:
Business Name Registration: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 30 days (inclusive of the mandatory 28 days for public opinion).

Contact Gomez Corporate Consult LTD by visiting our website: www.gomezconsult.com; call/Whatsapp us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

SAJIDAS LTD is a newly registered company, inline with the objectives of the company promoter to apply or get a corporate bank account. Gomez Corporate Consult LTD not only assisted in registering the company, we move further in applying for the TIN (Tax Identification Number) for the newly registered company and got the VAT letter as an acknowledgement.
Are you thinking of owning or operating a corporate or company account, why not give us a call today on 08107804290 or info@gomezconsult.com or visitwww.gomezconsult.com for questions or inquiries now.


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 at a subsidized fees).

Some of our services at affordable cost:
Business Name Registration: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).
Contact us by visiting our website: www.gomezconsult.com; call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.

Some applications commence this week

DeConsultant:


For collection of certificate:
1. Business name form (duly signed by all proprietors if they are more than one)
2. The payment receipt
3. Notice of approval of name
4. ID cards.

Gomez Corporate Consult LTD (a registered legal consulting firm with CAC Accreditation, IPON Accreditation e.t.c), we are thankful to God that we have assisted over 200 clients in Nigeria and Diaspora with their registration processes, ranging from Business Names, Limited Companies, NGOs (IT), Trademarks, Patents, Tax papers & filings.

At an affordable cost:

Business Name Registration: N25,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N70,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N120,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).

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

hello, nice post. I need clarification on this , in other to carry on my BN Registration, i created my page with my particulars.. Now,i want to find out if it is proper to register BN for someone other than my self? Will this not conflict on the final registration? I mean, can I stand as the Presenter?though the BN not for me? I will be glad if you can throw more light on this. I also want to find out if the commissioner of oats stamp and signature can be skipped entirely for BN registration. Thanks .

jefy:

hello, nice post. I need clarification on this , in other to carry on my BN Registration, i created my page with my particulars.. Now,i want to find out if it is proper to register BN for someone other than my self? Will this not conflict on the final registration? I mean, can I stand as the Presenter?though the BN not for me? I will be glad if you can throw more light on this. I also want to find out if the commissioner of oats stamp and signature can be skipped entirely for BN registration. Thanks .

You can't register for someone under your account. You need to create a new account for the person and as for the commissioner of oath, you don't it need in business name registration.

gentyholar:


You can't register for someone under your account. You need to create a new account for the person and as for the commissioner of oath, you don't it need in business name registration.

thanks timely...you just saved me alot. Gracias

jefy:

hello, nice post. I need clarification on this , in other to carry on my BN Registration, i created my page with my particulars.. Now,i want to find out if it is proper to register BN for someone other than my self? Will this not conflict on the final registration? I mean, can I stand as the Presenter?though the BN not for me? I will be glad if you can throw more light on this. I also want to find out if the commissioner of oats stamp and signature can be skipped entirely for BN registration. Thanks .

In addition to your question, kindly understand that in assisting someone with a public user account, the person whose details & information is use will be the one to pickup the certificate in person at the end of the day at any CAC pickup location to be use or already used.



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 at a subsidized fees).

Some of our services at affordable cost:
Business Name Registration: N15,000 (Certificate will be out within 5 working days)
Limited Liability Company (1 million share capital): N50,000 (Certificate will be out within 5 Working days)
Incorporated Trustees (NGO, Church, Mosque, Foundation, Club, Initiatives): N100,000 (Certificate will be out within 32 days (inclusive of the mandatory 28 days for public opinion).
Contact us by visiting our website: www.gomezconsult.com; call us on 08107804290 or 08102794272; mail us on info@gomezconsult.com.