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How to Convert an LTD Company to Unlimited Company in Nigeria

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This is How to Convert an LTD Company to Unlimited Company in Nigeria – The Google researchable keys words associated with this includes; how to register a business name in Nigeria, How to convert business name to company in  Nigeria,  how to register an enterprise in Nigeria and  change of business name in Nigeria. Ohers are how to convert business name to private limited  company in  Nigeria, How to Re-register an LTD Company to Unlimited Company in Nigeria and how to check if a company is registered in Nigeria.
As a matter of fact, this post, How to Convert an LTD Company to Unlimited Company in Nigeria, will give highlights on the procedure and requirement for registration of a business name, corporate affairs commission list of registered companies and minimum share capital for private limited company in Nigeria.
Therefore, if you are interested in converting your private limited liability company to an Unlimited Company, this post is for you. There will be full list of CAC requirements for this conversion, procedures and helps on how to carry out the exercise. It will be right if you contact us for further information.

How to Convert an LTD Company to Unlimited Company in Nigeria

CAC REQUIREMENTS FOR CONVERSION: LTD TO UNLIMITED COMPANY

CAC requires that the following conditions be met before this change is effected. Please, let us know those you can get easily and those we will get for you, In fact, our approach is that you get your personal data and let us generate the other information for you.
  1. Evidenve of name availability and  reservation
  2. Form of assent duly singed by or on behalf of all the members of the company
  3. Application for the re-registration
  4. Duly stamped memorandum and article of assoocation marked altered for this purpose
  5. Updated annual return filing
  6. Updated section 553 of CAMA where applicable
  7. Payment of statutory fees.
  8. Statutory declaration by the director of the company that:
  • the prsons on wgose behalf the form of assent is signed are members of the company
  • That all who assented on behalf othe others were empowered to do so.

Othe Conditions:

  • The application  for  the r-rgistration must state the  alterations   made in the memorandum and Article of Association.
  • A company prviously re-registered as limited company can not be re-registerd again as unlimited company
  • The notice of resolution for this must be filed within 15 days after the making of the assent.
How to Convert an LTD Company to Unlimited Company in Nigeria

LTD Company to Unlimited Company in Nigeria

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How to Convert an LTD Company to Unlimited Company in Nigeria

Ane

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.

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