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

Here's how SplashDict's CAC-accredited Chartered Secretaries can assist you:

  • 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.