Change Of Proprietor/Partner(s)
NGN 16,000.0
3 days
Corporate Amendment
Description
Information about the compliance service
A business name may be a Sole Proprietorship or a Partnership. It is a sole proprietorship if it is carried on by a single individual and it is a partnership if it is carried on by two or more individuals.
There are instances in a business whereby it is necessary to change a proprietor or add another proprietor to a business maybe as a result of resignation or death.
There are instances in a business whereby it is necessary to change a proprietor or add another proprietor to a business maybe as a result of resignation or death.
Requirements
Info and documents needed for this service
1. Up to date Annual Returns filing.
2. Proprietor's means of identification.
3. Proprietor's necessary information.
3. Pay fees.
2. Proprietor's means of identification.
3. Proprietor's necessary information.
3. Pay fees.
Process
Steps involved in this compliance service
1. File your annual returns up to date.
2. Provide the proprietor's means of identification.
3. Pay fees.
2. Provide the proprietor's means of identification.
3. Pay fees.
FAQs
Frequently asked questions about this service
1. Is it mandatory for me to change the proprietor of my business?
No, it's not. Changing the proprietor is typically only necessary when there's a specific reason to do so, such as a change in ownership or management
2. Can i make a child a proprietor of a business?
Yes, you can if the child is 18years and above.
No, it's not. Changing the proprietor is typically only necessary when there's a specific reason to do so, such as a change in ownership or management
2. Can i make a child a proprietor of a business?
Yes, you can if the child is 18years and above.