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www.spnglegal.com_____________________________________________________________________________________ proposed name is not already in use. lapses after 60days.Subsequently anapplicationforre-issuance maybe made.2. Prepare the requisiteincorporationdocuments forregistering the companywith the CorporateAffairs Commission.3. Processing ofApplication at the CAC4. Register with theFederal Board of InlandRevenue Department ofthe Ministry of Financefor income tax andVAT.These include;• The Memorandum of Association;• A statement of the authorized sharecapital/shareholders of the company,with evidence of stamp duty on theshares allotted.• Stamp duty (as assessed)• A statement showing the list andparticulars of the initial directors (theremust be at least two (2) directors).• A notice of address of the proposedcompany.• Statutory fees apply for obtainingforms and processing registration.Submission of the application in the requiredformCopies of the company’s incorporationdocuments are submitted alongside;• The letter appointing a tax adviser forthe company;• Tax advisers name and address;• Date the company commencedbusiness;Time frame dependson availability ofinformation.1 – 4 Weeks24 Hrs._____________________________________________________________________________________Doing Business in NigeriaAn Investor’s Guide- 2013Page 8 of 36

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