Here's how SplashDict's CAC-accredited Chartered Secretaries can assist you:
Change in Business Nature (Business Name)
₦20,000.00
Filing Notice of Change of Nature of Business Name updates your business’s activities scope and ensures compliance with CAC regulations.
- CAC Fees Included: All necessary application fees are covered.
- Acknowledgment of Change issued upon approval.
- Updated CAC Status Report reflecting the new nature of the business.
- Processing Time: 3 to 5 business days turnaround.
Features of Changing the Nature of a Business Name
Legal Update of Business Scope: The change reflects a modification in the business's operations or industry, updating the nature of the business as per the new activities the company intends to pursue.
Compliance with CAC Regulations: Filing the notice ensures that the business name is compliant with the CAC requirements and accurately represents the business’s current activities.
Requirements for Filing Change in Nature of Business Name
Business Name Details: Provide details, including the Registration Number, Business name in full, and Date of Application.
New Nature of Business: Provide the new nature of business, including its primary and secondary business activity classifications, along with a detailed description of the main activities or services.
Updated Annual Returns Filing: Before filing for any Post-registration changes, ensure that all annual returns for the business name are up to date.
Authorization: The application must be signed by a proprietor, partner, or authorized signatory.
Benefits of Updating the Nature of Your Business Name
Legal Compliance: Ensures your business is in line with the Corporate Affairs Commission's requirements.
Legal Protection: Maintains the legal standing of your business under the correct classification, preventing potential legal issues.
Updated Business Identity: Reflects the accurate nature of your business activities, helping maintain clarity with customers and stakeholders.
Accurate Records: Ensures the business records with the CAC remain current and aligned with the company's operations.
Access to New Opportunities: Adjusting your business’s nature can open up new markets, partnerships, or funding options.
Change the Nature of Business Name in Nigeria
Change of Nature Filing: We file your business name’s notice of change of nature with the CAC on your behalf.
Documentation Preparation: All necessary documents are carefully prepared and reviewed for accuracy.
Transparent Pricing: Filing fees are included with no hidden charges.
Quick Turnaround: Receive official acknowledgment of the change in nature of business name and updated CAC status report within 3 to 7 business days.
Continuous Support: We assist with future compliance and statutory needs.