How to change your business address – Limited Liability Company or Business Name

How to change your business address – Limited Liability Company or Business Name

December 15, 2021

To change the address of your business name or limited liability company, your business should have filed up to date Annual Returns with the corporate Affairs Commission (CAC).

A company would during a meeting pass a resolution for the Address of the company to be changed. After the resolution is passed, an application for change of Address would be made on the CAC post-incorporation portal by an accredited agent by completed the required form. The resolution would be uploaded and the completed application Form must be authenticated by a director of the company. As soon as the change of Address application is approved, a status report f the company would be provided by the CAC showing the new address of the company.

A business name does not need a resolution before the change of Address can be effected. In an application for change of business name a completed Form is the requirement from the CAC. However, the name of the proprietor authenticating the change of Address application must be stated.

An authentication is the authority a director/proprietor gives for the change of Address to be effected and it is done by simply writing the name and designation of the person that gave the instruction for the changes in the Company.

Team 618 Bees

 

618 Bees can help you quickly and easily help you change the address of your company or Business Name in Nigeria. Log on to our website www.618bees.com or email hello@618bees.com, or give us a call on +2349017190079. 618 Bees will complete your registration with the Coporate Affairs Commision.

 

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached.

 

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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.
  • What’s the difference between a business name and an LLC?

    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 
  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.
  • Is there a penalty for late renewal of registration of products with NAFDAC?

    Yes, there is a late renewal fee, which is dependent on the category of the product.
  • Can I use the data collected legally for one purpose for another purpose?

    No, you can’t use the data collected for one purpose for a different purpose.
  • What do I need for a trademark search in Nigeria?

    To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.
  • Can I process/register multiple products at NAFDAC at the same time?

    Yes, you can process/register multiple products at the same time
  • What is share capital?

    The share capital in a private limited company is the amount of money invested by its owners in exchange for shares of ownership.
  • How long does a trademark registration in Nigeria Last?

    Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.
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