How To Register Investment Company In Nigeria
Vetiva Capital Management Limited is a Pan-African company that had been registered by the Security and Exchange Commission SEC and the Nigerian Stock Exchange NSE to carry out business in Nigeria. Write the articles of incorporation for the investment company and submit it along with the incorporation paperwork to the secretary of state.
Before purchasing shares of an investment company you should carefully read all of a funds available information including its prospectus and most recent shareholder report.
How to register investment company in nigeria. Make a payment of a non-refundable application for the consent fee to the CAC. Statement by majority of the directors of the proposed. REGISTRATION OF FINTECH COMPANY Financial technology popularly referred to as FinTech is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.
However investors may also visit the CAC office or the One-Stop Investment Centre OSIC of the Nigerian Investment Promotion Commission NIPC to complete or submit paper applications. Nairaland Forum Nairaland General Investment 5 Main Steps To Register Your Company In Nigeria By Yourself 1227 Views HOW To REGISTER A HOLDING COMPANY In NIGERIA Register Your Company Today With CAC Via An Accredited Professional Register Your Company With CAC Within 5 Days100 Reliable. Evidence of Payment of FilingApplication Fee N50000 Fifty Thousand Naira.
This step is necessary as it helps to reserve the proposed company name for 60days until it. Pay the fee for incorporation which varies by the state but is included on the instructions the secretary of state provides to you. It is one of the leading investment companies in Nigeria and one of the place to develop ones skills.
Visit the Corporate Affairs Commission httpnewcacgovnghome website. To register a new company you need to obtain all the necessary licenses from the government. If you register a business name In the eyes of the law of Nigeria there is no difference between you and your business.
However apart from the registration status check with CAC you could also be interested in knowing the registration status of a company with the FIRS and Joint Tax Board. This is a fast-rising sector in Nigeria as there has been significant investment in technology and investments in recent years. As a matter of fact to register a limited company in Nigeria you need a minimum of 2 persons to come together as shareholders of the company.
Registration of a private company with an authorized share capital of N1m or less costs N10000. Evidence of not less than 3 different companies forming the consortium. Formal application for consent to use the word Holding.
Investment companies are regulated primarily under the Investment Company Act of 1940 and the rules and registration forms adopted under that Act. The steps for company registration in Nigeria include. Register with the SEC.
Payment of non-refundable application for consent fee. Evidence of Payment of Processing Fee N200000 Two Hundred Thousand Naira. The first major step during incorporation of a company online with CAC is by filing for a name reservation online.
The CAC is the only body with the authority to register companies in Nigeria. Requirements for Registration as FundPortfolio Manager. HOW To REGISTER A HOLDING COMPANY In NIGERIA - Investment - Nairaland 1.
Create an account on the CAC portal. Make a formal application for consent to use the word Consortium in the name of the company. Evidence of Payment of Registration Fee N500000 Five Hundred Thousand Naira.
Basic Requirements for registering a Consortium Company in Nigeria. This Investment Company Registration and Regulation Package Package contains general information about investment companies eg mutual funds closed-end funds and unit investment trusts and supersedes the Investment Company Registration Package that was previously distributed in a printed formatDue to continuous changes in the federal securities laws we. This means that you can only check for the registration status of a company with the institution.
The online registration process is laid out below. How Much Does it Cost to Register a Business Name in Nigeria. Thankfully we live in the 21st century so the majority of the registration process can be done online.
This brief write-up will. Evidence of not less than 2 subsidiary companies. Registration of a private company with a share capital of more than N1m and up to N500m costs N5000 for every 1m shares of the company.
