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PUBLIC NOTICE!

WHAT YOU NEED TO KNOW WHEN CHOOSING BETWEEN REGISTERING A BUSINESS AND INCORPORATING A COMPANY

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business typically exists as soon as the person engaging in the activity says it does. The label business is simply a statement about intent: if you intend an activity to make money by providing goods or services to customers, congratulations, that activity is a business. A company, on the other hand, is a particular operating structure registered in some jurisdiction. They come with substantial rights and responsibilities. Many entrepreneurs wonder whether their businesses should become companies (via a process called “incorporation”) and, if so, when, and what form of company? We’ve written a quick guide to explain this.
What is the alternative to incorporation? By default, a business has no existence apart from its owners. This is called a sole proprietorship. if it has only one owner or a partnership if it has multiple owners. In the U.S. for instance, Sole proprietorships are extremely common; the Internal Revenue Service (the U.S. taxation agency) is aware of approximately 27…

KEY THINGS TO KNOW WHEN INCORPORATING A COMPANY

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Incorporation of a company is governed by the provisions laid out in the Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria2004, which defines a company as an association of persons formed for the purpose of doing business.



A company has a separate legal entity distinct from its members who constitute it. In other words, It has its own rights and duties and is endowed with the potential of perpetual succession, that is, once formed, a company will continue until such time as it is wound up. There are several types of companies categorized on the basis of business activity undertaken such as manufacturing company, service company, Non-Banking Financial Company (NBFC), charitable company, government company, one person company (sole-proprietorship), private limited company and public limited company.

A company offers several advantages over other forms of business organizations, such as :
A company is a legal entity, distinct and independent of its membersLiab…

UPDATE ON NEW CAC CERTIFICATE

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The QR code in the new CAC certificate replaces the kinegram in the old CAC certificate.
This innovation makes it no longer necessary to collect your certificate of registration from the pick-up location (CAC office) as your certificate of registration/incorporation is now downloadable and can be printed on the common A4 paper. The QR code (which can be scannedusinga smartphone) authenticates the document.
We will henceforth no longer deliver hard copy certificates to our clients but thenew soft copy which will be sent to our clients via email.
Contact us now to get your business registered with CAC.

UPDATE: CAC DISCOUNT ON BUSINESS NAME REGISTRATION COMES TO AN END

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CAC has since August 13 ended their discount on registration of Business Name also known as Enterprise, and Sole Proprietorship.

The cost of Business Name registration has now reverted to our standard rate. Click hereto see our standard rate for Business Name registration.

If you have any questions or need our assistance, please click hereto contact us.

HOW TO CHECK FOR FIRST GRADE FOREIGN USED CARS ON OUR WEBSITE

Here's how to check our listing for first grade foreign used vehicles from Canada.

Babel Consult Used Car Unit procures, assesses, valuates and sells only Approved Used Cars.

All our used vehicles undergo a 21-point check, done by competent car experts to ascertain their condition before they are displayed for sale.
We offer a limited warranty on our used vehicles except otherwise stated. This warranty covers engine, gearbox and differentials.

ILEYA DISCOUNT ON BUSINESS NAME REGISTRATION

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Click here to register your business name now.

PRICE DISCOUNT - RAMADAN SPECIAL!

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Discounted rates are as follows:

Business Name/Enterprise - N11,000
Company - N70,000
NGO - N135,000

ELIGIBILITY: Everyone
DURATION: Ramadan fasting period

Are you yet to register your organization with CAC? Grab this opportunity with both hands.

Contact us to register your business now!

SERVICE UPDATE! TO INCLUDE CUTTING EDGE IT SERVICES

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We evolving everyday to offer services that totally capture the basic needs of an SME.

The importance of IT integration in business operations in this age cannot be over emphasized. We have therefore positoned ourselves to fill that space.

Need any of these services? Contact us for details on cost and delivery.

SERVICE UPDATE! TO INCLUDE BUSINESS DOCUMENT DRAFTING

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We evolving everyday to offer services that totally capture the basic needs of a CEO. You can call us your corporate assistant.

Need any of these services? Contact us for details on cost and delivery.