How do I remove or add a Proprietor to my Business Name?

How do I remove or add a Proprietor to my Business Name?

March 26, 2019

Whenever a change is made or occurs in the particulars in respect of any individual registered by the commission as a proprietor of a business , the firm or individual shall within 28 days after such change notify the change to the Registrar of the Commission at office at which the firm, company or individual is registered.

The said notice shall be in writing and signed by the proprietor giving the notice.

Reference- S.577 (2) CAMA

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Frequently Asked

  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 

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

  • What are the benefits of Registering with SON?
    1. Product traceability in the Nigerian market
    2. Detection of counterfeit products
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    4. The official SON Product Registration Logo and number are displayed on registered products.
  • What’s the difference between a business name and an LLC?
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    • 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. 

  • Why do I need a trademark?

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