CAC BN 01 is a document issued by the Corporate Affairs Commission alongside a Business Name certificate. Simply put, Form 1 accompanies a certificate of business name. The form is now known as an E-status report. What does the form entail? As for Business Name (BN), the e-status report or Form BN 01 has two … Read more
If you are planning to or you already have an existing business in Nigeria, you may need to download a copy of CAMA 2020 (the amended CAMA 1990 (CAP C20, LFN 2004). What is CAMA? CAMA is Company and Allied Matters Act. It is a law that outlines the guidelines for the formation of small … Read more
Tripple D is a manufacturing company registered 10 years ago. The company had not filed any annual returns since it was registered by the Corporate Affairs Commission (CAC). Recently, Tripple D wants to submit a bid for a government contract. The founder of the company knows that an updated annual filing for their company is … Read more
Are you thinking of registering your religious organisation and don’t know how to go about it? Or you don’t know the financial implication? This guide describes the cost and required documents and the financial implication for registering a church in Nigeria since they are classified as religious associations under the Incorporated Trustees. We urge you … Read more
Change of company director falls under several reasons according to the Corporate Affairs Commission (CAC), Nigeria’s sole agency that is responsible for the registration of business and company in Nigeria. Reasons for change of a director Some of the instances that could call for the change of a director in a Nigerian company are: Voluntary … Read more
The Corporate Affairs Commission (CAC) has laid down rules on the management of the details of company or business data. As a company, you’re expected to file a notification of any change whatsoever with the commission. And the Company and Allied Matters (CAMA 2020) specifically spells out what a company should do at the end … Read more
The Corporate Affairs Commission (CAC) has officially added Limited Liability Partnerships (LLPs) And Limited Partnerships (LPs) And Deployment Of The Registration Solutions On Company Registration Portal (CRP) This is a follow-up to the announcement of the commission on August 19 that it would be adding registrations of two new forms of business in Nigeria provided by … Read more
Part B, sections 18 to 54 of the Company and Allied Matters Act 2020 extensively outlines the key requirements for the formation and registration of companies in Nigeria and the roles of parties involved play. It’s imperative to note that before starting off, you must have read or consulted a certified agent of the Corporate … Read more
You landed on this page because you’re wrongly debited by the Corporate Affairs Commission (CAC) via its payment platform remita, don’t be disturbed because you’re not alone there and this post will guide you on how to request a refund from CAC. Who can request a refund from CAC? Requesting a refund from the commission … Read more
In the 90s, only a few small business owners knew the importance of business registration. In fact, some people ignorantly believed that they would be heavily taxed when their business is registered. It’s a myth after all. The awareness by the government and the self-consciousness of entrepreneurs regarding accessing government and banking loans has made … Read more