Incorporated Trustees Registration

NGN60,000.00

Register Incorporated Trustee (Association, NGO, Church, Society, etc.) with CAC

Get your organization legally registered as an Incorporated Trustee with the Corporate Affairs Commission (CAC) in Nigeria. Let SplashDict's CAC-accredited experts handle the entire process seamlessly for you.

We’ll register Incorporated Trustees with CAC on your behalf.
CAC registration fees, newspaper publication costs, and other associated costs included.
Publication of the organization’s details in two national newspapers as required by law.
Tax Identification Number (TIN) issued upon incorporation.
Receive Certificate of Incorporation.
Receive CAC Status Report.
Receive Approved Constitution.
Processing Time: 30 to 40 business days turnaround.

NGN60,000.00

Features of Incorporated Trustees Registration

Legal Recognition: Registration with the Corporate Affairs Commission (CAC) grants an association, NGO, religious body, or foundation a distinct legal identity separate from its members.
Non-Profit Nature: Established for Religious, Educational, Literary, Social, Developmental, Cultural, Sporting, Charitable, or other purposes without the intention of making profits.
Separate Legal Entity: Functions independently from its members (Trustees), allowing it to own property, sue, and be sued.
Limited Liability: The trustees are protected from personal liability for the organization’s debts or obligations, except in cases of misconduct or fraud.
Governance and Management Structure: Organizations must have a board of trustees responsible for governance, decision-making, and legal compliance.
Compliance with Regulatory Requirements: Registered bodies must comply with annual returns filing, proper financial records, and other legal obligations to maintain good standing with CAC.
Perpetual Succession: The incorporated body continues to exist indefinitely, regardless of changes in membership or leadership, ensuring continuity.
Constitution: The organization operates under a registered constitution, outlining its objectives, rules, and procedures for decision-making and leadership succession.
Public Notice Requirement: Notices must be published in national newspapers to notify the public of its incorporation.

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Requirements for Incorporated Trustees Registration with CAC

Name Reservation: Provide two options for the name (1st choice and an alternative).
Classification of the Association: Category of the association (e.g., Religious, Educational, Literary, Scientific, Social, Developmental, Cultural, Sporting, Charitable).
Description of classification: Provide a brief description of the association's classification.
Aims and Objectives: Clearly state the purpose, mission, and goals of the organization. Ensure the objectives align with non-profit or community-driven initiatives.
Registered Office Address: Include the full address details - Street name, House number/building name, Postcode, City/Town/Village, Local Government Area (LGA), State.
Trustees and Principal Officers Details: Must have at least two trustees and a secretary. Personal details required - Surname, First Name, Other Names, Date of Birth, Gender, Nationality, Former Name (if any), Former Nationality (if any), Residential Address, Means of Identification (Type & ID Number), Appointed as Chairman (if applicable).
Constitution: Outline governance rules and structure, including - Minimum and maximum number of trustees, Trustee tenure, Custodian of the common seal, Governing body structure, Application of funds, Financial record-keeping and accountability, etc.
Meeting Guidelines: Define meeting types (Annual General Meeting (AGM), Executive Council Meeting, Board of Trustees Meeting, etc.) Set the quorum for each meeting type to ensure proper decision-making.
Sources of Income: Specify revenue sources such as - Membership fees, Donations & Grants, Fundraising activities, Sponsorships, Investment Income.
Newspaper Publications: Publish a Notice of Registration in two national newspapers. Details required - Date of publication, Newspaper name, Page number of the announcement.
Documents Required for Upload: Means of Identification (PDF format), Signatures of Trustees & Secretary, Passport Photographs, Newspaper Publications (PDF), Minutes of Meeting (PDF) – Appointing trustees and adopting key clauses, Statutory Declaration Form (PDF).
Common Seal: The organization must have an official Common Seal for documentation and authentication.

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Benefits of Incorporated Trustees Registration

Distinct Legal Identity: Once registered, the organization becomes a separate legal entity, independent of its founders and trustees. This ensures that the organization can own assets, sign contracts, and enter agreements in its own name.
Reduced Personal Risk for Trustees: Trustees are not personally liable for the debts or liabilities of the organization, except in cases of fraud or financial mismanagement.
Eligibility for Grants & Donations: Many local and international donors require organizations to be legally registered before providing funding.
Operate a Corporate Bank Account: A registered Incorporated Trustee can open a corporate bank account in the organization's name.
Legal Protection & Dispute Resolution: The organization is protected from identity theft and unauthorized use of its name. It can sue or be sued in its corporate name, providing a legal framework for resolving disputes.

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Register Incorporated Trustees (Association, NGO, Church, Society, Community, Bodies, etc.) in Nigeria

Here's how SplashDict's team of CAC-accredited consultants can help:

Application Submission: We handle the entire Incorporated Trustee registration process with the Corporate Affairs Commission (CAC).
Documentation: We handle all required registration documents including: Minutes of meetings approving trustees and registration, Trustee details and constitution of the organization, Newspaper publication notices as required by law, etc.
Transparent Pricing: Our pricing covers CAC filing fees, newspaper publication costs, and other statutory charges with no hidden fees.
TIN: Tax Identification Number issued upon registration.
Quick Turnaround: Receive CAC Certificate of Registration, approved Constitution, and Status Report within 30-40 business days.
Continuous Support: We provide ongoing assistance for compliance, annual returns, and other statutory requirements.