Change in Particulars of Guarantor

30,000

File Notice of Change in Guarantor’s Particulars with CAC

For companies limited by guarantee (NGOs, Foundations, and Associations), maintaining accurate records of those who legally back the entity is a requirement. Whenever there is a Change in Particulars of a Guarantor, such as a change of name, residential address, service address, or nationality, the organization must officially notify the Corporate Affairs Commission (CAC).

SplashDict helps organizations file the Notice of Change in Particulars of Guarantor quickly, ensuring your internal records match the legal data held on the CAC registry.

Service Fee (All inclusive):

30,000

Update Company Guarantor Information in Nigeria

Here's how SplashDict's CAC-accredited experts assist you:

  • Filing & Documentation: We prepare and file the required CAC forms, board resolution, and all necessary documents for the change in particulars of a guarantor.

  • Official Document: Receive an Updated CAC Status Report reflecting the corrected or updated guarantor details.

  • Transparent Pricing: Covers all statutory CAC filing fees and our professional service fee with no hidden charges.

  • Fast Processing: Your request is typically completed within 2–10 working days, subject to CAC approval.

Why File a Change in Particulars of Guarantors with CAC?

In a Nigerian company limited by guarantee, guarantors serve as the legal members. Because they carry a specific financial guarantee (liability) for the organization, the CAC requires their contact and identification details to be current and accessible to the public.

You must file a Change in Particulars of Guarantor with the Corporate Affairs Commission (CAC) if any guarantor changes from the following: Full Name (e.g., due to marriage or a legal name change), Residential or Service Address, Contact Details (email, phone number), Occupation or Nationality, or Identification Documents (e.g., new passport, NIN).

  • Statutory Requirement: It is mandatory to notify the CAC of any structural changes within the company, including alterations to the guarantors' details.

  • Maintain Accurate Public Records: Donor agencies, banks, and regulators rely on CAC records to verify the identity of an organization’s guarantors.

  • Prevent Verification Issues: Incorrect or outdated guarantor information may create delays during grant applications, regulatory reviews, or institutional due diligence.

Requirements for Filing Change in Particulars of Guarantor with CAC

  • Up-to-Date Annual Returns: The CAC usually requires all outstanding annual returns to be filed before approving any post-incorporation updates.

  • Company Details: Provide the company’s full registered name and RC (Registration) Number as recorded with the CAC.

  • Company Resolution: A signed resolution from the company’s board of directors approving the change of guarantor details.

  • Nature of Change: Specify what is being updated (e.g., Name, Residential Address, Service Address, Nationality, or Identification details).

  • Updated Guarantor Information: You will need to provide the following updated information for each guarantor - Title, full name, former name (if applicable), Nationality, gender, date of birth, Phone number, email address, Identification type and number (e.g., passport, NIN), TIN (Tax Identification Number), and Residential and service address.

  • Evidence of Change of Information: Valid supporting documents, e.g., marriage certificate or affidavit for name changes, utility bill or government document for address updates, passport or ID for nationality or personal info updates.

  • Authorization: The application must be signed by the company’s directors, secretary, or an authorized representative.