What is a restricted name?

What is a restricted name?

July 23, 2019

A restricted name is a name that requires the consent of the Corporate Affairs Commission before it can be used.

According to Section 30(2) CAMA restricted names include the following;

  • “Federal”, “National”, “Regional”, “State”, “Government”: These names suggest that the entity to be registered enjoys government patronage and as such the entity must seek and obtain the consent of the commission before they proceed to register.
  • “Municipal”: This name suggests connection with a local authority and as such consent must be sought and obtained before such entity is registered.
  • “Co-operative”, “Building society”, “Group” or “holding”: These names suggest connection with already existing entities and such must be proven and the consent of the commission obtained.

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Frequently Asked

  • When are Annual Returns due for filing?

    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.

  • What is the first thing I must do to register a business in Nigeria?

    To register a business in Nigeria; you would need to conduct a name search of the business. You can achieve this using your CAC-CRP account.

  • If I have NAFDAC Registration number, do I still need SON registration number?

    SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.

    This is irrespective of the registration done by NAFDAC

  • Is my copyright registration in Nigeria protected globally?

    The nature of copyright is territorial, so the copyright work is only protected in the country of registration

  • When can I start renewal of the registration of my product(s) with NAFDAC?

    You can start renewal 6 months to the date of expiry.

  • Can a minor be a company director?

    No, a minor cannot be a director. A minor under Nigerian Law is anyone who is below 18 years of age.

  • Can I trademark my logo and name separately? Why is this a good idea?

    Yes you can. The advantage is that it gives you the opportunity to have more than one logo or the opportunity to change your logo easily as opposed to registering the name and the logo as one trademark.

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