10/07/2024
The commission in charge of the regulation and supervision of the registration and companies, the Corporate Affairs Commission (CAC) established under the provisions of CAMA.
Has made it clear in line with the provisions of CAMA, that only one person is required to register a company in Nigeria.
And to register a company in Nigeria.
1) The first step required by the applicant is to choose two suitable proposed names for the company.
2) Where this is done, an availability check will be conducted on the CAC online portal to find out if the name is available and not already in use by another company.
3) The objectives and business of the company must be provided.
4) The registered principal address of the company.
The share capital and shareholding formula among shareholders will be required.
5) The particulars of a minimum of one director will be required. A copy of their means of identification such as voterโs card, national ID, driversโ license or international passport and signatures on plain paper.
6) Particulars of the company secretary.
7) The applicant will be required to furnish details of the shareholders of the company. Details such as names, occupation, residential address, email address, mobile phone number and means of identification.
8) The Memorandum and Articles of Association of the company to be registered, which is advisable to be drafted by a Legal Practitioner.
9) The applicant will thereafter be required to pay an official filing fee to the CAC and stamp duty paid to the Federal Inland Revenue Service (FIRS). Where a lawyer or CAC accredited agent has been hired for such a process.
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