18/06/2018
Requirements For Incorporating A Private Limited Liability Company with CAC
For more details / information Please find below the basic
requirements for incorporating a new Private Limited Company @ CAC This requirement is not for foreign nationals/shareholders (although, just a few difference apply).
1. A Proposed Company Names to be submitted at the CAC for approval. Usually, it's advisable to present two name options (option 1 and 2).
2. Full Names, Residential Address, Signature and Designation of Subscribers and Directors of the company. Minimum of 2 subscribers and directors. Any of the subscribers/directors must not be less than 18 years of age.
3. Name, Address and Signature of the Company Secretary.
4. Address of the Proposed Company.
5. Core areas of the company's business activities (Nature of business). If you engage in specialist services (Hospital, Consultancy, Schools, Media, etc), you'll need to provide a photocopy of your professional proficiency document. E.g. Certificate of Proficiency of a professional body/trade association, Academic Certificate, or both. We'll advice you if necessary.
6. A photocopy of Nigerian Identification (e.g. National ID card, Data Page of your National Passport, Voter's Card or Driver's License) for all the Nigerian subscribers/directors in the formation document.
7. The amount of the company's capitalization and how it will be shared among the subscribers. (E.g. N1,000,000 share capital). If there are 2 persons that formed the company, they could share it 50% each.
8. A copy of Memorandum of Understanding and Articles of Association (usually drafted by the consultant handling the process)for further details Please call 08028499664, 08095034380