Change Of Company's Secretary
NGN 20,000.0
3 days
Corporate Amendment
Description
Information about the compliance service
In Nigeria, all companies [both private and public] are required to appoint a secretary, with the exception of small companies.
Requirements
Info and documents needed for this service
For private companies the requirements are;
- Means of identification of the [new] secretary.
- Details of the new secretary which include; name of new secretary, email, phone number, nationality, gender and residence address.
- Company Details.
- Particulars/proof of registration of the company.
- The appointment letter of the secretary and date of appointment of new secretary.
- Date of removal of old secretary.
- Detail of authorized signatories of the company authorizing the change.
For public companies;
- All the aforementioned will be supplied.
- Together with a resolution of the General Meeting where such secretary was removed.
- or the board resolution removing the secretary where the removal was effected by the Board of Directors rather than the General Meeting.
Process
Steps involved in this compliance service
- Submit extracts of meeting where secretary was removed or appointed.
- Prepare a special Resolution signed by at least two directors.
- File the form.
- Pay fees.
FAQs
Frequently asked questions about this service
- Is it compulsory for all companies to have a secretary?
In Nigeria, all companies with the exception of small companies, are mandated to appoint a company secretary for their operations.
2. Can you change your company secretary?
Yes, you can change your company secretary at any time through a proper resolution.
3. Is there a penalty for not updating the change of your company's secretary?
Where a company changes its secretary, or appoints a new one, that company is required to file a Notice of Removal or Appointment of Secretary with the CAC within fourteen days after the resolution. Failure to file within the stipulated time frame will attract monetary penalties.
Yes, you can change your company secretary at any time through a proper resolution.
3. Is there a penalty for not updating the change of your company's secretary?
Where a company changes its secretary, or appoints a new one, that company is required to file a Notice of Removal or Appointment of Secretary with the CAC within fourteen days after the resolution. Failure to file within the stipulated time frame will attract monetary penalties.