Change of Principal Business Activity of Limited Liability Partnership (LLP)

NGN25,000

Register Change of Principal Business Activity of LLP with CAC

A Change of Principal Business Activity of a Limited Liability Partnership (LLP) involves updating the core operations or service areas initially registered with the Corporate Affairs Commission (CAC). Whether your LLP is diversifying, repositioning, or adapting to market demands, it is mandatory to formally update your business activity with CAC.

Service Fee (All inclusive):

NGN25,000

Change Business Nature of LLP in Nigeria

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

Filing & Documentation: We prepare and file the necessary forms and documents for the change of business activity with CAC.
Official Update: Receive an updated CAC Status Report that reflects your revised business classification.
Transparent Pricing: Includes CAC filing and professional handling fees; no hidden charges.
Fast Processing: Completed within 1 to 7 working day(s), subject to CAC approval.
Ongoing Support: Our Chartered Secretary and corporate services team provide ongoing expert help for regulatory and statutory needs.

Get Started now!

Why Update the Business Activity of a Limited Liability Partnership?

A change in principal business activity of a Limited Liability Partnership (LLP) refers to altering the primary nature of the LLP’s operations. This change can be driven by various factors, such as a shift in market demands, new business opportunities, or a strategic decision to diversify or expand.

To reflect this change, the LLP must formally update its registration with the Corporate Affairs Commission (CAC).

Accurate Representation: Your registered business activity must reflect your LLP’s current operations to avoid non-compliance.
Eligibility for Services: Banks, regulators, grant agencies, and procurement bodies often require up-to-date CAC records to process applications.
Business Growth: Entering new sectors or shifting focus? Update your LLP’s activity to reflect this change officially.
Strategic Alignment: Evolving business goals or operations demand updated legal documentation to stay compliant and credible.

Requirements for Filing Change of Principal Business Activity for LLP with CAC

LLP Details: Full business name and CAC registration number.
Updated Principal Business Activity: Provide the updated Principal Business Activity, along with a brief, accurate description of your LLP’s revised business focus.
Classification: Select the appropriate CAC-approved Classification categories that align with the new activity.
Resolution: A signed resolution by the Designated Partner(s) authorizing the change in principal business activity.
Updated Annual Returns: All LLP Annual Returns must be up to date before post-registration changes can be filed.
Authorization: Application must be signed by a Designated Partner or an authorized signatory of the LLP.