How to amend/alter the MEMART of your Company in Nigeria

How to amend/alter the MEMART of your Company in Nigeria

November 30, 2021

MEMART is the abbreviation for the company incorporation document known as Memorandum and Articles of Association, which is the part of your incorporation documents that reflects the structures, governance, objectives, shareholding, rights and obligations of the company and its members.

A company’s MEMART can be amended from time to time to include or remove a particular objective(s) or terms. To do this, there must be a special resolution passed by the board of the company stating and accepting the changes to be reflected on the MEMART. A new MEMART would be drafted to include the part which was amended or added to it. The company is required to pay the Statutory stamp duty fees online for each copy of the new MEMART after an assessment has been done by an officer of the Federal Inland Revenue Service (FIRS). After which the documents are to be stamped at the nearest stamp duty office (Federal Inland Revenue).

After stamping the documents with the FIRS, a statutory fee for the alteration of the MEMART is made to the Corporate Affairs Commission (CAC). The stamped documents would then be sent to the CAC office for verification and filing.

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618 Bees can quickly and easily help you file amend/alter your Company’s MEMART in Nigeria. Log on to our website or email, or give us a call on +2349017190079. 618 Bees will complete your application with the Corporate Affairs Commission (CAC).


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