What is a certificate of incorporation?

What is a certificate of incorporation?

July 23, 2019

A certificate of incorporation is certificate given by the corporate affairs commission and signed by the Registrar of the commission, signifying the recognition of a particular business entity or organization as a legal business operating within Nigeria.

 WHEN CAN A CERTIFICATE OF INCORPORATION BE GIVEN?

A certificate of incorporation is given by the commission under the following circumstances;

  • After incorporation of a business name, company or incorporated trustee
  • Where an already registered company alters/ changes its name
  • When an already registered company undergoes a restructures that changes its type. E.g a change from a private company to a public company.

A certificate of incorporation needs no renewal its life span is the life span of the company. If the company is not removed from the list of registered company in Nigeria by the Commission for any reason such as long default in filing of annual returns, permanent cessation of business, winding up or any reason at all ,then the certificate of incorporation remains valid /and has no expiry date.

Contents of the certificate of incorporation

  • RC No: which means the registration number of the company
  • The name of the company
  • The date of incorporation
  • The stamp of the commission
  • The signature of the Registrar General

618bees offers a document safe keeping service. We have insured onsite and offsite fire resistant storage facility to ensure a proper and safe document keeping. Documents will be released to clients on request.

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For Further inquiries;

www.618bees.com

info.618bees.com

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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

  • Why must I file Annual Returns?

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

  • Must my Company Secretary be a Lawyer?

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

  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.

  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water

  • What is classified as personal data?

    Name, photograph, personal health/bio information, account/financial information, phone number, Address, date of birth, place of birth, Email address, etc.

  • Do I need permission to copy or use any copyright material in Nigeria?

    You do not require permission under the Nigeria Law to use or copy a copyright material when it is for research purpose, educational, non-commercial purpose, reviews and criticism etc

    However, when the copies are large, you must seek permission from the copyright owner.

  • Can I process/register multiple products at NAFDAC at the same time?

    Yes, you can process/register multiple products at the same time

  • How many directors do I need to start a company?

    A minimum number of one (1) adult director is required to form a company.

  • 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.

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