Introduction to Corporate Compliance in Nigeria Corporate compliance in Nigeria refers to adhering to laws, regulations, and guidelines established by government agencies in Nigeria. This includes fulfilling tax obligations, registering with the Corporate Affairs Commission (CAC), obtaining relevant licenses, and…
Registering a Group of Companies, Holding Company, or Consortium in Nigeria involves obtaining consent from the Corporate Affairs Commission (CAC), fulfilling statutory requirements, and ensuring compliance with the Companies and Allied Matters Act (CAMA). For groups, you need at least three
subsidiaries, a shareholding structure, and annual return filings. A holding company must own over 50% shares in subsidiaries, while forming a consortium requires three companies working towards a common goal. Special consents are needed for using terms like "Group," "Holding," or "Consortium" in the company name.