How to upgrade your business name to a limited liability company in Nigeria
To upgrade your business Name to a Limited liability company, you must first apply for the consent to upgrade your business Name from the Registrar of the Corporate Affairs Commission (CAC). If it is denied, you won’t be able to proceed.
It can be denied on the basis that a company already exist with a similar name or for whatever reason the registrar deems fit. However, upon approval of a request for consent, you can proceed with the application online.
The application for consent is done on the CAC portal. After approval, you can then input the required details for the registration of a limited liability company. The details required here includes details of the company’s shareholders, directors and company secretary where applicable.
This new application process is totally different from the old process where a business name owner was required to apply for cessation of business before proceeding with upgrade.
Team 618 Bees
618 Bees can help you quickly and easily help you upgrade your Business Name to a Limited Liability Company in Nigeria. Log on to our website www.618bees.com or email email@example.com, or give us a call on +2349017190079. 618 Bees will complete your registration with the Corporate Affairs Commission (CAC).
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