To edit or update information registered with the Corporate Affairs Commission (CAC) after the initial registration, it is important to note that this is considered a post-incorporation service, requiring a formal application process.
What You Can Change
- Business Name: You can change the name of your business or company.
- Registered Address: You can update your company’s registered address.
- Proprietor/Director Details: You can change the details of the proprietor or directors.
- Business Activities: You can change the business activities of your company.
- Other Particulars: You can update other registered particulars, such as email or phone number.
How to Make Changes
1. Post-Incorporation Service
Understand that updating your CAC information is a post-incorporation service, meaning it’s done after the initial registration.
2. Accredited Agent
You’ll likely need to work with a CAC-accredited agent or professional to assist with the process.
3. Follow the Correct Steps
Ensure you follow the specific procedures outlined by the CAC for the type of change you need to make.
4. Pay Filing Fees
There are filing fees associated with updating your CAC registration.
5. Special Resolution (for Name Changes)
For changing the company name, a special resolution passed by the company’s members is required.
6. Submit Required Documents
You’ll need to submit the necessary documents, including the application form, special resolution (if applicable), and proof of payment.
7. CAC Approval
The CAC will review your application and, upon approval, issue an updated form, such as CAC 1.1 (E-Status Report).
Specific Examples
Changing Business Name
You’ll need to ensure the new name is available and reserved, submit an application with reasons for the change, a special resolution, and the original certificate of incorporation for cancellation.
Changing Registered Address
You’ll need to submit an application for the change of address, and the CAC will review and approve it, issuing an updated form with the new address.
Changing Proprietor
You’ll need to log into the company’s post-incorporation portal, select “change of proprietor,” fill in the details, and make the necessary payment.
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