Change Of Nature Of Business Name

Change of Nature of Business Name

NGN25,000

Update Your Business Name Activity with CAC

As your business evolves, you may diversify your services, introduce new products, or shift industries entirely. When this happens, it’s mandatory to formally update the nature of your business with the Corporate Affairs Commission (CAC).

This ensures your business remains legally recognized, compliant, and accurately reflected in official government records.

Service Fee (All inclusive):

NGN25,000

Update the Nature of your Business Name in Nigeria

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

  • Filing & Documentation: We manage and file all documents for your business nature change with CAC.

  • Official Update: Receive an updated CAC Status Report reflecting your new business nature.

  • Transparent Pricing: No hidden charges; includes CAC and professional handling fees.

  • Fast Processing: Completed within 2 to 10 business days, subject to CAC approval.

  • Ongoing Support: Our Chartered Secretary and corporate services team provide ongoing expert help for regulatory and statutory needs.

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Why Change the Objective/Nature of a Business Name?

As your business evolves, your registered activities must stay aligned with your current operations. Updating the nature of your Business Name with CAC ensures compliance, unlocks new opportunities, and reinforces your professional standing.

With SplashDict’s CAC-accredited experts, you get a swift, hassle-free process tailored to your needs.

  • Business Evolution: If your business has expanded beyond the original scope (e.g., from tailoring to fashion retail), your CAC records must reflect your current operations.

  • Legal Compliance: The Companies and Allied Matters Act (CAMA) 2020 mandates that any alteration in business nature must be formally filed and approved.

  • Seamless Expansion: Perfect for businesses looking to diversify or pivot without going through a full re-registration process.

  • Operational Flexibility: Explore new industries, expand service offerings, or adjust your business focus, while retaining your existing Business Name.

CAC Post-Registration Services

Requirements for Filing Change in Business Nature of Business Name with CAC

  • Business Name Details: Provide your Business Name Registration Number, current Business Name, and Date of Application.

  • Updated Business Activities: Outline the new nature of your business, including its primary and secondary activity classifications and a detailed description of operations.

  • Annual Returns Compliance: Ensure all annual returns are up to date before filing for change.​

  • Authorization: The application must be signed by a proprietor, partner, or authorized signatory.

Update Nature of Business Name

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