Limited Liability Partnership or LLP is a partnership arrangement with legal personality separate from the partners. The liabilities of the partners of an LLP are limited to the amount agreed to be contributed or what is outstanding in the event of winding up. LLP is one of the two new forms of business registration announced […]
How To Form A Limited Liability Partnership In Nigeria Under CAMA 2020 Read More »
A Memorandum of Association is a legal document which can be described as the “constitution” of an incorporated company in principle which defines its objectives and powers in regard to its dealing with the outside world. Every legal entity has a set rule guiding its operation and regulations that govern the external relationship of a
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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
CAC Adds LLP and LP To Company Registration Portal (CRP) Read More »
Back in my Economics class, we’re taught types of business, the information handed down by our teacher was still very relevant, the only slight changes can be found in the regulatory laws guiding the formation of such businesses. One of the businesses is Limited Partnership (LP) and I’ll be telling you what it entails to
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The cost of registering a company in Nigeria is between N50k-N60k (for a limited liability company between N50k-N1million Share Capital). 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.
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The cost of registering an NGO in Nigeria is between NGN120,000 to NGN150K, depending on the agent that handles the registration for you. In a case where you get the time and have a perfect understanding of the process, you would spend less. If you are planning to register a Non-Governmental Organization in Nigeria, your
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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
Request A Refund From CAC: 7 Key Details To Include In Your Email (Letter) Read More »
With N25,000, you can register a Business Name (BN) in Nigeria. This cost covers charges for the Tax Identification Number (TIN) and the service charge of an accredited CAC agent handling the process for you. In case you want to bypass a CAC agent, you can also use the CAC pre-incorporation portal to reserve your
Registering A Business Name in Nigeria: Cost Implication and Requirements Read More »
Query in your CAC dashboard is a request by an official of the Corporate Affairs Commission that you need to fix an issue in your business name and company registration and re-submit the application for re-assessment. Reasons your business registration may be queried Some of the reasons your application may be rejected or queried include:
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One of the key requirements in accessing some of the ongoing CBN loans is evidence of business registration with the Corporate Affairs Commission (CAC). Unfortunately, some applicants are having a problem verifying their registration on the CAC portal. Do you know that refusal to file an annual report may lead to CAC ‘sanction’ against your
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