Registration of all companies is handled by the Corporate Affairs Commission (CAC).
We incorporate limited liability companies in more than 40 countries, our experience and relationship with the companies registry means, we can incorporate your Nigeria Private Limited Company, according to your specifications.
To incorporate a Nigeria company the following is required for the Corporate Affairs Commission:
The minimum share capital for a Private Limited Liability company in Nigeria is NGN 10,000 (€100).
A minimum of two shareholders are required for a company in Nigeria, with not restrictions placed upon residency or nationality. The maximum number of shareholders for Private Limited Company is 50.
Both individuals and corporate bodies are permitted to be shareholders.
A minimum of two directors are required, of any nationality or residency, and may also be shareholders in the company.
A company secretary, resident in Nigeria is required.
Two business names must be submitted to the Corporate Affairs Commission an certain regulations apply regarding a company name:
We check that your Nigeria company name is acceptable and is not already incorporated with the Corporate Affairs Commission.
Once incorporated we provide a set of corporate documents for your Nigeria company which, includes the Certificate of Incorporation, Memorandum of Association the Articles of Association and share certificates. Copies of the company incorporation documents are sent via email and the originals from the companies registry are sent to you in a corporate folder.
A company in Nigeria must have a registered office, which must be a physical address in Nigeria where documents may be legally served - we can provide a registered office in Nigeria.
An Annual General Meeting of shareholders is mandatory.
Foreign companies intending to do business in Nigeria may apply for exemption from registration especially those undertaking special projects. Companies seeking exemption are to forward their applications to the Secretary to the Federal Government of Nigeria.