What You need to know about Company Search

Carrying out a company search is one of the ways to discover whether or not a company exists and also run a due diligence on the company. In Nigeria, company search is done at the Corporate Affairs Commission (CAC) which incorporates and maintains records of all registered companies in Nigeria. In this regard, any search to be carried out on a company must be done at the CAC.

Essentially, there are two methods a search is done. Usually this is determined by the purpose of the search. For a quick search to determine the existence or non existence of the company, a public search done at CAC public portal will suffice.

The other kind of search which reveals more information about the company is manual search. Now let’s look at the searches again.

Public Search

This kind of search reveals whether or not the company exists, and where the company is displayed, it shows the name of the company, date of registration and registered number. It’s a quickie search.

Manual Search

The manual search involves pulling out the file of the company off the shelve at CAC and allow the applicant for the search to conduct a thorough physical search on the company file. Manual search is only done at CAC office and it’s the best kind of search due to details of the results that are pulled out. The search could detect whether or not the company was registered, the address of the company, shares, the names of shareholders and directors and more. It gives the applicant access to the entire documents of the company to inspect.

So when is company search required?

Numerous reasons abound for company search but we shall list a few.

✓ where you are dealing or contracting with a company, you conduct search to know if the company is truly an existing entity,

✓ to discover if those you sign any agreement with are officers of the company as recognised by CAMA,

✓ to know whether or not the company has capacity to go into the kind of contract you wish to enter with it

✓ to discover if the company has any registered charge, debentures, mortgage and whether or not it’s defaulting in any way,

Before you buy any land or enter into any contract wherein the vendor or party to the transaction is a company, please ensure you verify that such company truly exists and has no issue. It will help you void simple but very costly mistakes.

Business Legal is available for you always, we run company searches at very affordable rates.

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Procedure for Copyright Registration

Copyright registration can be made online or offline.

For the online process, you will complete an online Form.

In the form you are expected to put in the applicant status, whether it’s the author or copyright owner. We have stated this in the earlier post. The application process also requires date of creation of the work, detail information of the applicant such as address, email, phone number etc.

Note also that the application, whether online or offline is accompanied by a copy of the work sought to be registered. The work forms part of the database of the Copyright Commission, as mandated under the Copyright Act, and upon request anytime, the certified true copy of it as evidence in proof of authorship, may be issued upon request by the copyright ownership and others as may be required from time to time.

During the application the applicant is required to make a declaration that the information submitted is true and correct. Where applicant submits false or incorrect information, or engages in any form of misrepresentation whatsoever, this may lead to cancellation of registration and revocation of certificate issued, in addition to any other legal proceedings, which might include trial in court. So you must submit accurate and correct information during the application.

Costs and payments.

The copyright registration attracts some fees.

This includes, copyright Registration Fee, Issuance of Certificate True Copy of Certificate, Issuance of Certificate True Copy of Form, Issuance of Certificate True Copy of Work and more. Processing Fee for Attorney services in case you engage an attorney and more. In total the cost should be in the range of N90,000 to N150,000 including the attorney fees. With us the price is definitely cheaper. Check our price to confirm.

What is the Processing Time

Note that applications for Copyright registration are processed within sixty (60) days of submission, subject to any delay that may arise.

Business Legal engages in Copyright Registration for our Clients. We can help you register your creative work.

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