Cac lagos office moved from yaba to lagos island, check new address here corporate affairs commission nigeria lagos, abuja, ports, etc. Powers and duties of the corporate affairs commission as a regulatory body in nigeria abstract the corporate affairs commission was established by section 1 of the companies and allied matters act, cap c. Corporate affairs commission cac, directory of parastatals in the federal ministry of industry in nigeria. Well, here is what you need to know when going for. Plot 420, tigris crescent, off aguiyi ironsi street, maitama, abuja. Corporate affairs commission news latest breaking stories. It was introduced in 1990 with the passing of the companies and allied matters act. Ithe corporate affairs commission cac is the government agency in charge of registering companies and businesses in nigeria. An individual can now register a company online with cac, with little or no help from anyone, except for section e in the registration form cac 1. Apr 10, 2020 the corporate affairs commission cac has so far registered no less than 73,000 companies within three months under its costfriendly business incentive strategy bis rolled out in october last. Establishment of the corporate affairs commission 1 there is hereby established under this act, a body to be known as the corporate affairs commission in this act referred to as the commission.
Most times, it is very easy to neglect the need for a license. Be reminded that you can register at the comfort of your home. Corporate affairs commission is an agency of the federal government of. The nigerian corporate affairs commission cac plans to strike out names of 45,000 companies from its registers for failing to file returns since their incorporation. How to know if a business is register as a business name or as a company with cac. Corporate affairs commission companies in ghana including kumasi, and more. Corporate affairs commission statutory fees and forms legit. They are the body in nigeria that regulates the formation and management of. How to register your business with corporate affairs commission of nigeria. Checklist for company registration with cac nigeria this article will show you the basic requirements for company registration in nigeria. Requirements for company registration in nigeria corporate.
Visit cac website by clicking here, type the company name in the field provided without plc, limited or ltd. Corporate affairs commission name search legalforms. O company law and practice in nigeria, lexis nexis butterworths 5th edition. The securities and exchange commission, sec is a government agency mandated to regulate and develop the nigerian capital market. Artsbooks kannywood lifestyle music nollywood travel sports football more sports news sports features.
Corporate affairs commission articles connect nigeria. This is the nigerian body certified by the law with the registration of business names in nigeria or any new company in nigeria. Cac extends 50% reduction in cost of registration fee for. Nigeria slashes business registration fees by half cac registers. Corporate affairs commission reduces business registration fee to. Aug 09, 2017 how to check online if a company is registered with corporate affairs commission of nigeria cac therefore before you sign away your life or that huge sum of money in business deal, it is advisable you find out if the company registered in nigeria or not. The corporate affairs commission, cac, yaba, lagos state office has been relocated to lagos island. You can read this article for more information, how to begin profitable small business in nigeria. Summary of coporate affairs commission forms and fees business nairaland nairaland forum nairaland general business summary of coporate affairs commission forms and fees 4930 views brief summary of all my business encounters last year i take a bow corporate affairs commission public database how much does it cost to register. Incorporate a private limited company register it with cac corporate affairs commission in abuja. The corporate affairs commission was established by section 1 of the companies and allied matters act, cap c. We are pleased to inform you that the national revenue authority and the national social security and insurance trust are partners of the corporate affairs commission a partnership geared towards enabling you do business with ease in sierra leone. The roles and duties of the corporate affairs commission in. Signing the declaration of compliance by staff of the corporate affairs commission cac business owners do not have to engage a lawyer to undertake this process or pay for services of a notary public.
Your solicitor will conduct a search at the corporate affairs commission cac registry to check if the ngo name you have chosen is available for reservation. The company secretary shall ensure that the statutory books are properly maintained and also prepare and file all requisite notices and statutory returns to the corporate affairs commission within. Corporate affairs commission state offices, address, email. Pay once recurring payment standing orderdirect debit pay einvoice please provide all your payment details here. Corporate affairs commission cac office in plot 420, plot 420, tigris crescent, p. To check if a company or business is registered, follow this simple steps. Summary of coporate affairs commission forms and fees business nairaland. Below is the list of required documents to be filled and submitted.
The commission has since moved to their new office which is located in lagos island. Cost of registering a business name in nigeria with cac. The corporate affairs commission cac of nigeria was established in 1990 vide companies and allied matters act no 1 cama 1990 as amended, now on. How to check online if a company is registered with corporate. Before the establishment of the corporate affairs commission cac the. Cac company business name search registration skillpatron. Corporate affairs commission, abeokuta, ogun, nigeria. The securities and exchange commission, nigeria official. The corporate affairs commission now has a public search.
Whether you intend to use remita for personal or business purposes, this multidevice platform lets you view all your bank balances from different banks on a single screen, easily transfer money to one or more beneficiaries, pay bills, view detailed transaction reports onthego, and much more. It is owned by link 1420 ah, a limited liability company registered with the corporate affairs commission c. How to register your business name with corporate affairs. The roles and duties of the corporate affairs commission. Corporate affairs commission briefingnotes nigeria. Our artificial intelligence central hub is currently located at 174b, muritala muhammed way, yaba, lagos. Powers and duties of the corporate affairs commission as a. Corporate affairs commission in nigeria home facebook. How to register a business name in corporate affairs. R 8, federal high court and discussed by barnes in his book barnes kiser d. Before the establishment of the corporate affairs commission cac the management, administration and regulation of companies in nigeria was under the exclusive regulation of the companies registry in the corporate affairs division of the ministry of trade.
How much does it cost to register a company in nigeria the corporate affairs commission is in charge of registering companies and businesses in nigeria. Corporate affairs commission cac office in plot 7, plot 7, otunba jobi fela way, alausa, ikeja, lagos, nigeria. Information made available by sec reveals that out of the about 19 shareholder groups in nigeria, only seven have filed with the commission their corporate affairs commission cac registration certificates. Premium house, 1st floor, jericho, opposite evans publishing company, eleyele, ibadan, oyo state.
It is an autonomous body charged with the responsibility to regulate the formation and management of companies in nigeria. Visit vconnect for corporate affairs commission cac in ikeja, lagos. The corporate affairs commission cac of nigeria was established in 1990 vide companies and allied matters act no 1 cama 1990 as amended, now on act cap c20 laws of federation of nigeria. Dec 30, 2018 the corporate affairs commission name search process. It is headed by a chairman and closely assisted by the registrar general ceo. How to file companys annual return in nigeria aziza nigeria. Most importantly, it is cost effective as it replaces the old method that required a. The role and duties of the corporate affairs commission yori ehimony jr. Cac lagos office moved from yaba to lagos island, check new. Neither ngex nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. The cost of registering a company in nigeria depends on the type of company. This is the only way of informing the commission that. It is mandatory for every registered business to file their annual returns with the corporate affairs commission not later than 30 th june every year except the calendar year in which the business name is registered does not end by december.
How to check if a company is registered in nigeria with. Below is a table showing the corporate affairs commission cac fees applicable to business name or company registration in nigeria. Corporate affairs commission, abuja, federal capital. The corporate affairs commission of nigeria was established in 1990 as part of the amendment made to the companies and allied matters cama act and in this article is how much registration costs at cac and other relevant fees. How to register your business with corporate affairs.
If you want to register your business with the organisation, you have to know all about the corporate affairs commission statutory fees and forms. The corporate affairs commission has successfully commenced recruitment intake for 2020 session applicants this page will guide you on how to apply for the ongoing positions advertised by the corporate affairs commission. Reservation simply means booking your business name so that no one uses it. Online registration of companybusiness name with corporate. How much does it cost to register a limited company in. Payment of registration fees through the online company registration portal crp cost reduction on government fee. These are the corporate affairs commission registration fees. Corporate affairs commission cac in plot 420, plot 420. Click on the submit menu button only if all necesarry documents were attached. The commission wishes to inform its esteemed customers and the general public that normal service has resumed on the company registration portal crp. Corporate affairs commission regulates the incorporation, registration, formation and management of companies in nigeria. How to register your company or business name online with the corporate affairs commission for some time now, there have been agitations from the general public in nigeria that the process of registering businesses with the nigerian corporate affairs commission is tedious, complex and not user friendly, and that the process of registration takes too long compared to other african countries. Cac registration fees in nigeria 2020 latest updates. How to register your business with the corporate affairs commission cac by david okwara 21st november 2019 nigeria has a huge population and given the enterprising nature that has come to be associated.
Procedures in registering a company in nigeria and various fees involved written by gmposts category others the corporate affairs commission cac is the sole accredited government agency with the mandate of. The onus of this post is to give the reader the step by step information on the cost of registering a business name in nigeria under the watchman ship of the corporate affairs commission. The role and duties of the corporate affairs commission yori. In an effort to deepen the benefits of its reform initiatives, the corporate affairs commission has extended the reduction of cost of registration of business names from n10,000 to n5,000 after the name reservation of n500, with effect from the 31st december, 2018 to 31st march, 2019. Tsa, all administrative fees charged for isbn henceforth should be made to. The corporate affairs commission cac was established by the companies and. The corporate affairs commission cac has extended the 50 per cent reduction in the registration fee for business names by 3 days beginning from th august to friday, 16th august, 2019. H is an association of muslim intellectuals and professionals formed in february 19991420a. All information provided as is and for informational purposes only. Addresses of corporate affairs commission in nigeria. Nigeria slashes business registration fees by half.
So, in this article, we are going to give you all new prices from the cac website. As a new wig it might be quite challenging for you in adapting to the real world of practice as you know, what we are taught at the law school, is quite different from what is obtainable in practice. The fees for company registration in nigeria varies. Step by step for legal practitioners i decided to write this post because of some young lawyers who are experiencing some difficulties in applying for the. Autonomous body responsible for regulating the formation and management of companies in nigeria. Register your business with cac corporate affairs commission in nigeria. Corporate affairs commission how is corporate affairs.
Sep 29, 2016 the corporate affairs commission, cac, yaba, lagos state office has been relocated to lagos island. Cac registration fees in nigeria 2020 current prices. General incorporation corporate affairs commission. Corporate affairs commission cac is an autonomous body charged with the responsibility to regulate the formation and management of companies in nigeria.
Cac to increase registration fee for limited liability. I will give you a breakdown of the cost of registering a business name or a company in nigeria. Notorious for its slow pace in registering business names offline and returning queries, this new feature is a time efficient tool from the corporate affairs commission. The old cac office or corporate affairs commission office location was at yaba in lagos.
The corporate affairs commission is a regulatory body, established to regulate the incorporation, running and winding up of companies, business names and incorporated trustees, in. Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about corporate affairs commission from nigeria and the world on today. Corporate affairs commission recruitment 20202021 application updates portal. Use your rrr to complete your payment process via any of the channels below. The system will generate a remita retrival reference rrr for you.
Do you wish to register a business name or a company in nigeria but you dont know the cost. Cac lagos office moved from yaba to lagos island, check. Nov 30, 2015 corporate affairs commission state offices, address, email, telephone number and how to register new business name or incorporate, company registration state offices click here to view details on how to register your business name from your room without a lawyer or going in person to corporate affairs commission offices. The essence was for the proper identification of the various leaderships of the associations, their membership and to be able to register. If you have been confused as the exact cost of registering your business name in nigeria, now i got it all covered for u. Before the establishment of the corporate affairs commission cac the management, administration and regulation of companies in nigeria was under the exclusive regulation of the companies registry in the corporate affairs division. How to register your business or company with the corporate affairs. The corporate affairs commission cac has announced the reduction of business registration fee by 50 per cent. Corporate affairs commission is the full acronym for cac, was established by the companies and allied matters act, which was promulgated in 1990. The corporate affairs commission is a regulatory body, established to regulate the.
Corporate affairs commission in nigeria, lagos, nigeria. The new cac office on lagos island address is now located at 1820, catholic mission street, opposite city hall, lagos island, nigeria. The corporate affairs commission name search allows you to reserve your desired company name for 60 days. Corporate affairs commission is a body of the nigerian government responsible for the regulation and management of companies in nigeria.
International staff member will come to you if you can pay for house to house extra fees. The corporate affairs commission name search process. The corporate affairs commission, cac, has extended by three days, the 50% reduction in the registration fee for business names window, with effect from th august, 2019. During this 60day period you must complete the remainder of the registration process, or else the name will be made available to the public. General incorporation corporate affairs commission sierra leone. Cac ng services, registration form fees, accredited agents in lagos, cac. Aug 26, 2018 ithe corporate affairs commission cac is the government agency in charge of registering companies and businesses in nigeria. Please note that you will need an accredited consultant registered under corporate affairs commission cac to be able to successfully register your company. In the name of allah, the most beneficent, the most merciful.
How foreign national can register their company in nigeria in nigeria. Data science nigeria is a nonprofit promoted by data scientists network foundation registered as nongovernment organisation with corporate affairs commission, nigeria. Corporate affairs commission cac in plot 7, plot 7, otunba. Only a name that is not identical to an existing registered organization in nigeria can be reserved for you. How to know if a company is a registered company in nigeria with c. They also regulate the activities of the companies and businesses by their constitution. Where your name is available, same will be approved for registration. Summary of coporate affairs commission forms and fees nigeria. International is a recognized and registered business name with corporate affairs commission of nigeria. Find out the step by step process for registration of company. How much does it cost to register a limited company in nigeria. The corporate affairs commission cac supervises the incorporation of companies and maintains records of all registered companies in nigeria. Procedures in registering a company in nigeria and various fees involved written by gmposts category others the corporate affairs commission cac is the sole accredited government agency with the mandate of registering all companies in the country. Summary of coporate affairs commission forms and fees.
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