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Converting Your Business Name to a Limited Liability Company

Dear ,

If you had previously registered a business name and then tried to change it to a limited liability company, you may have been faced with the very uncomfortable process that involved the risk that during the cessation period of a Business Name to a company, there is a chance you may lose your existing name, but that is no longer the case. 

Converting your business name to a limited liability company just got easier! The Companies and Allied Matters Act (Repeal and Re-enactment) Bill which was passed in 2018 in summary, removes all unnecessary regulatory provisions for small companies.The whole process of having to apply for a cessation of the business name and returning the business name certificate is no more.This article highlights what you need to do to get this conversion done.

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Do have a great week!Stay Safe!Sincerely,Oluchi Johnson-AchibiriCommunity Manager, msmehub.orgFATE Foundation1st Floor, Water Corporation BuildingIjora, Lagos

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