Change of Company Director

Change of Company Director

NGN25,000

Appoint or Replace the Company Director with CAC

Every Nigerian company must have a minimum of two directors (or one for small companies). Any change to the board of directors, including the appointment of a new director, the removal of an existing one, or a resignation, must be officially filed with the Corporate Affairs Commission (CAC) to maintain legal compliance.

Service Fee (All inclusive):

NGN25,000

Appoint or Remove Company Director 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 appointment or removal of a Company Director.

  • Official Document: Receive an Updated CAC Status Report reflecting the change in company Director. 

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

  • Fast Processing: Your request is completed within 3–7 working days, subject to CAC approval.

  • Ongoing Support: Our Chartered Secretary and corporate services team provide continuous help for your compliance needs.

Get Started now!

Why File Change of Company Director with CAC?

Directors are individuals who have been appointed by the company and are responsible for the day-to-day management of the firm. They are appointed to administer the business for the benefit of the shareholders or guarantors. The first directors of a company are appointed during incorporation.

The appointment or removal of a Director must be properly filed with the Corporate Affairs Commission (CAC) to ensure the company’s legal structure remains accurate and compliant.

Directors must be natural persons, at least 18 years old, and capable of handling fiduciary responsibilities.

  • Some of the instances that could call for the change of a director in a Nigerian company are: Voluntary Resignation of a director, Replacement due to the resolution of the shareholders, Death of a director, Uncultured behavior of a director, Transfer of ownership, Retirement, An addition.

  • Mandatory Filing: A company is required to notify the CAC of any appointment, removal, or change in the details of a director within 14 days of passing the board resolution.

  • Avoid Fines: Failure to comply with this legal deadline can result in penalties and default fees levied against the company and its directors.

  • Public Trust: Filing a change ensures that the public record accurately reflects the current leadership of your company. This is vital for maintaining credibility with banks, investors, clients, and regulators who perform due diligence.

  • Legal Standing: An updated status report from the CAC serves as formal proof of who is legally authorized to act on behalf of the company, which is essential for signing contracts and conducting official business.

CAC Post-Incorporation Services

Requirements for Filing Change of Company Director with CAC

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

  • Company Resolution: A signed resolution appointing or removing director(s). Must be signed by a director or company secretary.

  • Reason for Change (if removing): Indicate why the director is being removed e.g., resignation, removal, or end of tenure.

  • New Director’s Details: Provide personal details (name, DOB, gender, nationality), contact details (phone, email, occupation), service address, residential address (if different), consent letter, and one form of ID (passport, ID card, driver's license, etc.).

  • Up-to-Date Annual Returns: All outstanding annual returns must be filed before the director change can be processed.

Change Company Director

RELATED SERVICES