How To Register a Co-operative Society in Lagos State

How To Register a Co-operative Society in Lagos State

December 09, 2021

Co-operative societies in Lagos State are overseen by the State Ministry of commerce, Trade and Co-operative and its registration is based on the location of the proposed co-operative society. The registration steps have been broken down in stages below;

Zonal office: The registration of a co-operative in Lagos State depends on the Zone. The Zonal office to commence registration is usually decided by the proposed official address of the co-operative society. For Instance, there is a zonal office for Eti-osa covering everyone intending to have their proposed address within the Eti-Osa local government axis of Lagos State.

Name of the Co-operative: an availability search of the name of the co-operative would begin. If the name is available, the Members of the co-operative would be notified and if not, they may be required to change the proposed name of their co-operative.

Forms: The members would be required to pay a statutory fee for the registration of the co-operative upon which a form will be given to them for completion. This form would record all the members and the executive committee (Exco) of the co-operative. Their names, addresses, occupation and signatures will be inputed on the Form before submission. The addresses of all exco’s and members must be within Lagos and its environs. The Co-operative must have up to 3 exco members.

Inauguration: After payment and completion of required Forms, a date is usually given for inauguration. The Zonal officers would inaugurate the Co-operative society and it will be deemed to have kicked off operations.

Certification: It usually takes up to 3 months before the Certificate of the Co-operative society would be issued by Lagos State to the co-operative.

Team 618 Bees


618 Bees can help you quickly and easily help you register your co-operative society in Lagos State, Nigeria. Log on to our website or email, or give us a call on +2349017190079. 618 Bees will complete your registration with the Lagos State Ministry of Commerce, Trade and Co-operative.




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Frequently Asked

  • When are Annual Returns due for filing?

    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.

  • Must my Company Secretary be a Lawyer?

    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.

  • What are the terms of a contract?
    • an offer and an acceptance.
    • competent parties
    • Consideration
    • Legal subject matter
    • Mutual agreement/ Assent
    • Conesus ad idem
    • Obligation
  • What are the benefits of Registering with SON?
    1. Product traceability in the Nigerian market
    2. Detection of counterfeit products
    3. Barriers to the circulation of substandard goods
    4. The official SON Product Registration Logo and number are displayed on registered products.
  • What is classified as personal data?

    Name, photograph, personal health/bio information, account/financial information, phone number, Address, date of birth, place of birth, Email address, etc.

  • Does copyright protect website Domain names?

    No, copyright does not protect domain names.

  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water

  • Can my kids be shareholders in my company?

    Yes your kids can hold shares in your company but there must be a minimum of two adult shareholders before kids can be included.

  • What is a trademark?

    A trademark can be any word, sign, symbol or graphic that you apply to your company, goods or services to distinguish them from those of your competitors; for example, a brand, product or company name, or logo. The trademark serves as a badge of origin for your business and its brands and products, and can consist of words, logos, slogans, colours and shapes, or a combination of all of these.

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