Fresh guidelines
Table of Contents
Where do you start from?
Look at this diagram.
Fresh Guidelines on CAC On-line Company Name Availability Search
Step One: Make a name search. You are to search for two names. So you must have these two names handy for this. Type in the names in the search tab, and you will be informed if the name is in use by another company or is reserved by other directors who intend using it. If your name is free this is the one you will then proceed to reserve.
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Fresh Guidelines on CAC On-line Company Name Availability Search
Name Reservation Procedure:
If you are an accredited agent of the CAC, that is, you are a registered consultant with it, you have to fill in the details as shown on the platform above.
But if you are a member of the public who want to take the trouble of doing it by yourself, you also need to create an account for yourself as you can see above on the CAC log-in platform to be able to make your name reservations.
The third step comes up when you want to incorporate the company. I will discuss that with you in my next article.
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What type of companies can you search for on this portal?
The type of companies you can search for must be one of the following;
- Private Company Limited by Shares
- Company Limited by Guarantee
- Public Limited Company
- Unlimited Company
- Names that are identical or closely similar to names already registered or reserved.
- Names that are capable of misleading as to nature or extent of the activities of the company.
- And names that are undesirable, offensive or otherwise contrary to public policy.
- Names that would violate any existing trade mark or business name except with the written consent of the owner of the trade mark or business name addressed to the Commission together with a copy of its certificate.
Fresh Guidelines on CAC On-line Company Name Availability Search
- Names that require prior consent of the Commission before application for name reservation is submitted.
- Names that contain the words ‘Chamber of Commerce’ which must only be registered as a Company Limited by Guarantee.
- All proposed names to be registered as Companies Limited by Guarantee.
- Names that contain any of the following words: National, Federal, State, Government, Municipal, Chartered, Corporate Society, Building Society.
- Any other word that suggests that the company enjoys the patronage of Government or any of its Ministries, Departments or Agencies.
- Names that contains the word ‘Group’, ‘Holding’ or ‘Consortium’
How do I get consent to use the restricted names?
Fresh Guidelines on CAC On-line Company Name Availability Search
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Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.