Here's how SplashDict's team of CAC-accredited consultants can help:
Registration of Incorporated Trustees
₦150,000.00
Incorporation of Trustees of Certain communities, Bodies, and Associations in Nigeria
The Incorporated Trustee is the most common structure for non-profit organizations, providing a legal framework for entities formed by individuals with shared goals or purposes. These organizations include trade unions, community-based groups, social clubs, religious bodies, cultural associations, professional associations, political parties, cooperative societies, NGOs, and more.
Incorporated Trustees are distinct from business entities as they are established not for profit, but to pursue charitable, religious, cultural, educational, scientific, or social objectives. Registering with the CAC enhances public trust, enabling organizations to attract donations, foreign aid, and grants.
Our service covers the entire process; this includes drafting all the relevant documentation, official filing fees, newspaper advertisements, official seal, etc.
Upon completing your order, you’ll be redirected to submit your information to process your registration.
Register your Incorporated Trustee in Nigeria
Trustee Registration: Nigerian Incorporated Trustees Registration with the CAC.
Documentation Preparation: Our experts handle all necessary registration documents.
Trustee Name Search and Reservation: We check availability and secure your desired Entity name.
CAC Filing Fee Included: No hidden costs, everything is included in the package price.
Minutes of Meeting: We'll provide meeting minutes appointing the first trustees.
The constitution: We'll assist in working on the Association's constitution.
Newspaper Publication: We handle the mandatory public notice publication in two national dailies, including details of the association and trustees.
Submission and Processing: We ensure all requirements are met and manage the submission process for efficient approval by the CAC.
Tax Identification Number (TIN) Assistance: Issued upon incorporation.
Essential Documents Delivery: Receive your Certificate of Incorporation, Approved Constitution, and Status Report.
Company Secretarial Support: Ongoing assistance with statutory requirements and filings.
Our Process
Experience a hassle-free registration process with SPlashDict:
Choose a Package
Select a package, add to cart, and complete secure online payment.
Provide Information
Fill out our simple online form with your business details.
We Process Your Application
We'll prepare and file the necessary documents with the CAC.
Receive Documents
Get your completed business entity package.
Features of Incorporated Trustees
How Does a Trust Work?
Non-Profit Nature: Established for charitable, religious, educational, or social purposes without the intention of making profits.
Separate Legal Entity: Functions independently from its members (Trustees), allowing it to own property, sue, and be sued.
Limited Liability: Trustees are not personally liable for the organization’s debts; liability is limited to the organization's assets.
Trusteeship: Managed by a Board of Trustees responsible for governance and decision-making.
Perpetual Succession: Continues indefinitely, even if trustees change, ensuring continuity of the organization.
Constitution: Governed by a constitution outlining the organization’s objectives, governance structure, and rules.
Public Notice Requirement: Notices must be published in national newspapers to notify the public of its incorporation.
Requirements for Registration of Incorporated Trustees in Nigeria
Here are the requirements for Incorporated Trustees registration with the Corporate Affairs Commission:
Proposed Trust Names: 2 options (1st choice and alternative)
Aims and Objectives: A clear description of the purpose and goals of the organization.
Classification of the Association: Category of the association (e.g., Religious, Educational, Literary, Scientific, Social, Developmental, Cultural, Sporting, Charitable).
Registered Office Address: Physical address within Nigeria.
Trustee Details: Names, nationality, addresses, occupations, IDs, and passport photos.
Details of Principal Officers: Information on key officers like the Chairman and Secretary.
Constitution: Rules governing internal affairs, including governance structure and Board of Trustees.
Minutes of Meeting: Documented meeting where trustees were appointed and special clauses adopted.
Publication of Notices: Notices in 2 national newspapers, announcing the intention to register the organization.
Common Seal: A physical seal for your organization.
Incorporated Trustees Registration Package
Find the best package to start your Trust:
Incorporated Trustee (Standard)
₦150,000
Nigerian Incorporation of Trustees with the CAC
CAC Filing Fee Included: All registration costs are covered, with no additional charges.
Public Advertisement: Notice published in two national newspapers.
Documentation: Minutes of the meeting appointing the first trustees.
Digital Delivery of Incorporation Documents: Includes the Certificate of Registration, Constitution, and Status Report.
Tax Identification Number (TIN): Issued upon incorporation.
Delivery Time: 20-40 business days.
Support: 24/7 access to online customer support.
Incorporated Trustee (Pro)
₦200,000
Includes Everything in the Standard Plan, Plus:
- 1-Year Company Secretarial Support: Ongoing assistance with statutory requirements and filings.
- Business Seal: A physical seal for authenticating official documents.
- Printed Documents: Hard copies of all registration documents.
- VAT Registration: Our experts will register your company for VAT if required.
- Bank Account Setup Assistance: Support with opening Nigerian business bank accounts.
- Priority Customer Support: Faster response times and personalized assistance.
Benefits of Incorporation of Trustees of Certain communities, Bodies and Associations
Trusteeship offers several advantages including:
Legal Recognition: As a corporate body, you gain legitimacy and the ability to sue or be sued, enhancing interactions with the public and society.
Enhanced Credibility: Incorporation enhances the organization’s credibility, making it easier to attract donors, partners, and volunteers.
Access to Funding: Enhance eligibility for grants, donations, and funding opportunities from governmental bodies, donor agencies, and philanthropic organizations.
Brand Protection: Protects the organization's name and identity.
Why Choose SplashDict for CAC Incorporated Trustees Registration?
We streamline your Trusteeship setup process with efficient service.
Expert Team
Our team of Chartered Secretaries ensures seamless business setup.
CAC-Accredited Agents
Our team of CAC-accredited agents ensures seamless and compliant registration.
Transparent Pricing
Clear and upfront pricing with no hidden fees.
Fast & Efficient
Experience fast and easy registration with our streamlined online platform.
Secure & Reliable
Robust security measures protecting your data and documents.
Dedicated Support
Receive continuous support from our team throughout and beyond the registration process.
FAQs
Frequently asked questions about Incorporation of Trustees of Certain communities, Bodies, and Associations in Nigeria:
An Incorporated Trustee refers to a group of individuals appointed to manage the affairs of a non-profit organization, foundation, or trust. Once registered, they operate as a single legal entity under Nigerian law.
Any group of people with a common goal or purpose, such as religious organizations, community groups, professional associations, and non-governmental organizations, can register as an Incorporated Trustee. The registration is suitable for non-profits that do not distribute profits to members.
The following classifications shall apply to incorporated trustees;
1) Religious
2) Educational
3) Literary
4) Scientific
5) Social
6) Developmental
7) Cultural
8) Sporting
9) Charitable
10) Others.
Registering as an Incorporated Trustee provides legal recognition, enhances public trust, and enables the organization to hold property, enter into contracts, and receive donations, grants, and foreign aid. It also ensures the organization operates within the legal framework set by Nigerian law.
- Proposed Names (2) of the Trust, Society, Religious or charitable establishments
Proposed Address. - Documentation of Trustees – Name, Sex, DoB, Telephone number, Nationality, Address, Occupation, Email, Proof of ID.
- Details of Principal Officers – Chairman, Secretary, Treasurer, etc.
- Aims and Objectives of Organisation.
- Publication of Notices in three national dailies - To notify the public of the intention to register the NGO, the name of the NGO, Trustees, aims and objectives, and calls for objections to its registration within 28 days of publication.
- Constitution of the Organization - which will contain the rules that will guide the NGO’s internal affairs and operations. It is expected to include the aims and objectives, statement of purpose, governance structure, a list of the members of the Board of Trustees, and so on.
- Extract the minutes of the general meeting appointing trustees and adopting the special clause rules into the constitution.
- Extract of Minutes of Meeting for the adoption of the special clause into the constitution.
- The common seal - The impression of the common seal will be needed on the minutes, the application form, and some other documents.
Three major steps appear on the timeline of registration of an NGO.
- The first step is the name search which takes approximately 24 hours or less.
- The second step is newspaper publication. After the newspaper publication, trustees must wait for 28 days before taking any further steps.
- At the expiration of the 28 days, we file all documents, and the application if not queried would be approved within a week or two.
The total period to register an NGO in Nigeria is approximately two months.
Anyone can be appointed a trustee in so far as the person is not an infant or a person of unsound mind.
Also, an undischarged bankrupt can neither be a trustee nor a person who has been convicted of fraud or dishonesty within the last five years before his proposed appointment.
Anyone who is appointed a trustee must give his consent otherwise his appointment would be invalid.
The key difference between an incorporated trustee and a company limited by guarantee lies in their legal structure and operational focus.
An incorporated trustee is a legal entity established for non-profit purposes, managed by appointed trustees and governed by a constitution. It primarily engages in charitable, religious, educational, or social activities and relies on donations and grants for financing.
On the other hand, a company limited by guarantee operates similarly to a traditional company but with members acting as guarantors committing to pay a nominal amount in the event of winding up.
While both serve non-profit objectives, the incorporated trustee is specifically designed for trustee governance of non-profit organizations, whereas the company limited by guarantee operates under a more commercial structure with member guarantors.