Cessation of Business Name

NGN20,000.00

File Notice of Cessation of Business Name with CAC

Formally close your Business Name records with the Corporate Affairs Commission (CAC) to ensure compliance. Let SplashDict’s CAC-accredited experts handle the process seamlessly for you.

Filing of Notice of Cessation with CAC.
All CAC filing fees included—no extra charges.
Receive Cancellation Confirmation and Updated CAC Status Report reflecting "Cancelled" status.
Quick Turnaround: Processing time of 2 to 10 business days.

NGN20,000.00

Benefits of Sole Proprietorship Business Name

Key Features of Business Name Cessation

Mandatory Filing: Businesses that cease operations must notify the CAC for legal closure.
Official Status Update: The Business Name is marked as "Cancelled" in the CAC register upon approval.
Name Availability: Once canceled, the Business Name becomes available for re-registration.

Requirements for Filing a Notice of Business Name Cessation

Business Name Information: Include the Registration Number, full Business Name, and Date of Cessation.
Reason for Cessation: Reason for Cessation: Provide a valid reason, such as: Voluntary closure, Court order, CAC directive, Death of the proprietor or all partners.
Supporting Documentation: Supporting documentation includes a death certificate (if applicable, for a deceased proprietor or partner), a consent letter signed by all partners (if applicable), and a means of identification for the personal representative (if applicable).
Updated Annual Returns Filing: Before filing for any Post-registration changes, ensure that all annual returns for the business name are up to date.
Authorization: The application must be signed by a proprietor, partner, or authorized signatory.

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Benefits of Sole Proprietorship Business Name Registration

Benefits of Filing a Notice of Cessation for Business Name

Legal Compliance: Ensures your business is in line with the Corporate Affairs Commission's requirements.
Accurate Records: Ensures the CAC Register accurately reflects active and inactive businesses.
Avoids Penalties: Prevents accumulation of fines for non-compliance, such as failure to file annual returns.

Business Name Post-Registration

File Notice of Cessation of Business Name in Nigeria

Here's how SplashDict's CAC-accredited Experts Can Assist You:

Cessation Filing: We file your Business Name’s notice of cessation with the Corporate Affairs Commission (CAC) on your behalf.
Documentation: We prepare and review all required documents for accuracy.
Transparent Pricing: All CAC filing fees are included—no extra charges.
Quick Turnaround: Receive your Cancellation Confirmation and Updated CAC Status Report within 2 to 10 business days.
Continuous Support: We assist with future compliance and statutory needs.