HOW TO UPGRADE BUSINESS NAME TO LIMITED LIABILITY COMPANY BY SHARES

Is your company still carrying Business Name instead of Limited Liability Company by Shares?

Don’t disturb yourself; this article will guide you through.

Firstly, we would recommend that you read about CAC LIMITED LIABILITY COMPANY REGISTRATION

There is one particular thing you need to consider before thinking of upgrading your business Name to Limited Liability Company by Shares.

CAC Status!

Is it active or inactive?

If it is active then you won’t have extra payments to make but if it’s inactive, you will have to pay your annual returns till date.

Details and Documents Required to Register

Office Address, Type of Service, Email, Phone Number, Witness Information, Director’s Information, Secretary’s Information, Share- holder’s Information, Documents such as: ID card & signature.

Accredited/ Reliable Agency to Register:

Nt-Plus is the most reliable agency in Nigeria.

Very quick and affordable.

How to Upgrade from Business Name to CAC Limited Liability Company by Shares.

STEP 1

Sign in, click on “New Name Reservation”, select company, select Private Company Limited by Shares, provide two names and continue.

STEP 2

Choose “Registration of Business Name as Limited (Ltd), provide availability code or Name, apply for Reservation code, make

STEP 3

Add Director, Add Witness, add Secretary, Upload consent letter and upload Certificate

STEP 4

After name approval, proceed with the registration and make payment- see Limited Liability Registration guide here.