Incorporated Trustee Registration
Overview
At Taria Hub, we specialize in facilitating the registration of Incorporated Trustees, catering specifically to non-profit organizations, religious groups, club society, charitable foundations and more in Nigeria.
As a CAC-accredited service provider, we ensure that your organization meets all regulatory requirements for legal recognition and operation within Nigeria. Our services are designed to streamline the complex registration process, making it straightforward and hassle-free.
Why Choose Taria Hub for Your Trustee Registration?
- Expert Guidance: Leverage our expertise in navigating the intricacies of non-profit registration with the Corporate Affairs Commission (CAC).
- Customized Support: We understand that each organization is unique. Our services are tailored to meet the specific needs of your entity.
- Transparent Process: From application to approval, we ensure clarity and transparency at every step, keeping you informed and engaged.
- Efficient Service: We commit to processing all applications promptly, aiming to complete registrations within the stipulated timeframe of 6 to 10 weeks.
- End-to-End Assistance: From drafting your constitution to publishing required notices and submitting final documentation, we handle everything.
How to Register an Incorporated Trustee in Nigeria
Here’s a detailed breakdown of our registration process:
Consultation: Begin your registration journey with an initial consultation where we discuss your organization’s specific needs and requirements.
Payment for Services: Once the consultation is complete and you have decided to proceed, payment of NGN 140,000 is required to cover the entire registration process.
Name Reservation: We will assist in reserving a suitable name for your organization. At least two proposed names should be provided to increase the chances of approval.
Document Preparation: Our team will prepare all required documents, including the constitution of the Incorporated Trustee and other necessary legal documents.
Publication of Notice: As part of the process, a notice will be published in two national newspapers. This is a mandatory step to inform the public about the registration and allow for any objections.
Submission and Confirmation: After the publication period, the complete dossier will be submitted to the Corporate Affairs Commission (CAC) for verification and approval.
Delivery of Documents: Once approved, we will send the Incorporation Certificate, the constitution of the Incorporated Trustee, and the status report directly to your WhatsApp or email address.
Requirements for Registering an Incorporated Trustee
To ensure a smooth registration process, the following are required:
- Proposed Names: At least two proposed names for the organization to ensure availability.
- Trustee Details: Identification details of all trustees participating in the organization.
- Objective of the Organization: A clear statement of the organization’s objectives.
- Identification Card: A valid ID card for each trustee to verify identity.
The entire process from start to finish is expected to take between 6 to 10 weeks, depending on the promptness of submissions and CAC processing times.
Showcase of Our Previous Registration
We are proud of our track record in successfully registering a diverse range of non-profit organizations.
FAQs About Incorporated Trustee Registration
An incorporated trustee refers to a legal entity established by the trustees of certain organizations such as religious groups, charities, associations, or communities for the purpose of managing and administering the organization’s affairs.
In Nigeria, any association of persons, such as religious groups, NGOs, social clubs, and cultural organizations, can register as an incorporated trustee. This legal status helps in managing donations, assets, and resources under a recognized corporate umbrella, making it easier to handle legal and transactional activities.
Registering as an Incorporated Trustee provides legal identity and liability protection to members, enhances credibility, and enables easier access to funding and public grants. It also facilitates better management and succession planning.
No, the law requires a minimum of two people to act as trustees when setting up an incorporated trustee entity.
Incorporated Trustees must file annual returns with the CAC, detailing their financial activities and ensuring that they remain compliant with the regulatory requirements. Failure to file these returns can result in penalties or revocation of the incorporated status.
Yes, an incorporated trustee in Nigeria needs to obtain a Tax Identification Number (TIN). This is essential for managing the organization’s tax affairs, such as filing tax returns and accessing certain financial services. The TIN is used to identify the entity in all transactions with the Federal Inland Revenue Service (FIRS) and other relevant government bodies, ensuring compliance with tax obligations.
For more detailed inquiries or if you need personalized assistance regarding the registration of an Incorporated Trustee, please contact us directly. Our team at Taria Hub is ready to provide you with all the support and information you need to successfully register and manage your nonprofit entity.