Incorporated Trustees
REGISTRATIONS WITH THE CORPORATE AFFAIRS COMMISION
this is a company having the liability of its members limited by the memorandum to such amount as the members may respectively thereby undertake to contribute to the assets of the company in the event of its being wound up. Used where the company is being formed for the purpose pof promoting commerce, sport, religion, charity etc and the income of the property is to be transferred for the promotion of its object only. Registration Fees = N1,000,000.00
Small Company (companies with less than up to N1000,000 share Capital) = N70,000.00
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Companies Limited by Guarantee
BUSINESS NAMES
COMPANIES
Business names are sole proprietorships and Partnerships with no legal personality i.e they are not distinct from the owners.
Registration of Sole Proprietorships N30,000.00
Registration of Partnerships N35,000.00
Incorporation of Non Business Organizations
(may defer depending on the type and complexity)
i. Non-Governmental Organisations
ii. Churches
iii. Charitable Organisations
Legal Compliance
Limited Liability Companies
Private Limited Liability Company
Public Limited Liability Company
Large Company (companies with N1,000,000 and above share capital) = N70,000 + N15,000 on every additional N1,000,000 share capital. (E.g a company with a N2,000,000 share capital will pay N70,000 + N15,000 = N85,000.