Yemsam Travels, Abeokuta (2024)

21/07/2024

Go and file your Annual Returns now
Don't wait till CAC delist you from their registry
It has a lot of implications
Chat Us on 09168907003 Today to get your Company again!

17/07/2024

CAC REGISTRATION IS VERY IMPORTANT

Types of Registrations:
1. Business Name Registration:
Suitable for sole proprietorships and partnerships.
Simpler and less costly.

2. Company Registration:

For Limited Liability Companies (LLCs), Public Limited Companies (PLCs), etc.
More complex and requires more documentation.
Incorporated Trustees:

For NGOs, churches, mosques, and other not-for-profit organizations.

Benefits of CAC Registration:
Legal Recognition: Gives your business a legal identity.
Bank Account: Allows you to open a corporate bank account.
Contracts and Agreements: Enables you to enter into contracts and agreements with clients and other businesses.
Credibility: Increases your business credibility with customers and investors.
For detailed information and to start the registration process, you can Dm on 09168907003

02/07/2024

24 YEARS ANNUAL RETURNS FILED.
Get in touch with us on 09168907003

27/06/2024

Don't make the mistake of giving your CAC registration jobs to another. We remain your trusted brand 🥂. Have a great week!

Send us a DM now! 09168907003

26/06/2024

What is the requirement for registering a company?

✅️Director/shareholders' details like your name, phone number, email, home & office address, and gender.
✅️What does your business entails/ activities-- I mean what product or services do you render.
✅️Identity card, passport photograph, and signature
✅️A witness: He/she bears will provide personal details and ID. This could be a family member bearing witness that your company is registered.
✅️Number of share capital and how you intend to divide it among shareholders.
✅️Article of association (optional): if you don't have one, It will be done for you
✅️ Payment of 🤝 for me to do your company registration.

So you see, all the requirement is within your reach, send a dm or Whatsapp on 09168907003 to get started

25/06/2024

In need of a certified and legitimate business registration agent?

Let me handle your CAC business registration

Business name
Limited company
NGO

Call or WhatsApp 09168907003

24/06/2024

In few years to come, many business owners with no proper business documents may have to face the consequences

If you keep exposing your business name without properly registering at first, you might wake up one day to find that your business name has been legally registered by someone else, forcing you to relinquish it.

If this happens, all your branded products will carry a name that legally belongs to someone else, rendering all your investment in branding worthless.

There are many reasons why a Business must be legally structure

DM on 09168907003 to get started

21/06/2024

Dear business owner,
When will you learn that running an unregistered business can do you more harm than good?
I understand that you're thinking about saving some extra cash by not registering your business now, but the truth is that registering your company significantly enhances its credibility and reputation.

In today’s competitive market, clients, suppliers, and potential partners are more likely to trust and engage with a registered business. This trust can lead to better business relationships, more lucrative contracts, and access to new markets.

A registered company also presents itself as professional and reliable, which can be a deciding factor for many stakeholders when choosing between your business and an unregistered competitor.
Contact us to register your business today and start enjoying the benefits.

DM on 09168907003 to get started today

20/06/2024

GOOD NEWS, NO MORE INTERSTATE TRAVEL TO PICK UP SCUML CERTIFICATE ✅✅

✅ SCUML Certificate now comes in soft copy so that you receive your SCUML Certificate Call or send WhatsApp message for further details 09168907003

18/06/2024

✅There are five categories of CAC registration: Business Name, Limited Liability Company, Limited Partnership, Limited Liability Partnership and Incorporated Trustees.

✅ First to fourth categories above are business entities while Incorporated Trustees is for non-profit organizations such as Association, NGO, Religious bodies, Club, Village Meeting, etc.

✅ Each category of registration with the Corporate Affairs Commission exists independent of the other. You need not register a Business Name before you can register a Limited Liability Company. You can however own completely, or be a co-owner to more than one Business Name, Company or Incorporated Trustees.

DM on 09168907003 to get started

17/06/2024

Catch up with trends, privileges, and business opportunities as you get registered with CAC through our various services for certification, authorization and approval.

We are open for;
* NGO (Church/Mosque, club, foundation, organizations...)

* Company registration

* Business name registration

* Upgrade from a BN to a LTD

* Name change

* Change of incorporated trustees

* Annual return filing

* SCUML registration.

Make contact with us on 09168907003

15/06/2024

Today comes with another lifetime opportunity for you to get your Business Name registered with CAC and start enjoying the benefits.

Discard all the negative information and thoughts you might have heard about this CAC registration that could be causing you any discouragement to register your Business.

I tell you the truth, with this right information you can register your business, enjoy these great benefits and have greater advantage in your Business over others.

Don’t allow anyone to deceive you, registering your business is a win-win for you. It is also one of the best things you can do for your Business as a business owner if indeed you want your Business to thrive massively.

It will give your business structure, help you manage your business finances by giving you access to a standard and limitless Corporate Bank Account and still secure your Business Name for life.

There are so many benefits that come with registering your Business and it is never a wrong choice but the first and right choice.

It’s a beautiful Friday morning and I’m right available to answer all your questions and help you get your BUSINESS REGISTERED TODAY!

Just Call|Text|WhatsApp|
09168907003

14/06/2024

Dear CEO,
Did you know that your business name is never truly yours until you've legally secured it?

Business owners, I see you printing banners and flyers. I see you paying for ads, and I think that's great. But none of these efforts can secure your business name for you.

When it comes to the Corporate Affairs Commission, it's first come, first serve. The first person to register the name is the legal owner of that business name.

Now, imagine spending a significant amount of money on printing banners and running ads, only to find out that the business name on them has been registered by someone else. That’s not a nice situation to imagine, right?

The best way to secure your business name isn't by printing banners or flyers. It's by registering it first.

Build a Future for your Business
Get registered. DM on 09168907003 to get started

13/06/2024

DISTANCE IS NO LONGER A BARRIER TO YOUR CAC REGISTRATION ✅✅

✅ There is only one Corporate Affairs Commission (CAC) of Nigeria, with a branch in each State of the Federation.

✅ CAC Certificate and other registration documents is valid/applies all over Nigeria, and may be used outside Nigeria to prove the existence of a business in Nigeria.

✅ Registration with the Corporate Affairs Commission is done on the internet so distance is not a barrier in carrying out your registration. We need not have physical contact before you can get registered.

✅ We are fast, reliable and deliver excellently, our clients have a lot of positive things to say about our services. Send a message now on 09168907003 to get registered.

09/06/2024

HAVING A CORPORATE BANK ACCOUNT IS VERY NECESSARY FOR YOUR BUSINESS ✅✅

✅ Did you know that registering your business with the Corporate Affairs Commission (CAC) besides other benefits, enables your business to have a Corporate Bank Account? Below are some of the benefits of Corporate Bank Account to your business 👇👇👇

🟢 Corporate Bank Account gives your business access to business grants and loans from both the Government and private investors.

🟢 Corporate Bank Account makes your business eligible for government contracts.

🟢 Corporate Bank Account imbues trust and confidence in clients hence, clients most times prefer to pay into a corporate bank account for security of funds.

🟢 Corporate Bank Account gives your business a facelift and increases your daily transaction limits.

🟢 Corporate Bank Account aligns your business with modern practices and instills formal ambience to your business.

✅ There is no gainsaying, it is time to level up your business with a Corporate Bank Account. Running your business with your personal bank account does it a huge disservice, it takes your business from the sublime to the ridiculous.

✅ Will are experts who have helped over a thousand Business Owners register their business with the Corporate Affairs Commission, and process other legal documents. Reach us today for all CAC registrations and other business services.
Please kindly call or Whatsapp using this number:09168907003
✅✅✅

07/06/2024

BEFORE YOU CHOOSE A LEGAL STRUCTURE FOR BUSINESS READ THIS

In Nigeria, there are significant differences between a Limited Liability Company (LLC) and a Business Name, primarily in terms of legal structure, liability, registration, and operations. Here are the key distinctions:

Limited Liability Company (LLC)

📌 Legal Entity: An LLC is a separate legal entity distinct from its owners (known as shareholders). This means it can own property, sue, and be sued in its own name.

📌 Liability: Shareholders have limited liability, meaning their personal assets are protected. They are only liable up to the amount they invested in the company.

📌 Registration: Registering an LLC involves a more complex and formal process with the Corporate Affairs Commission (CAC). It requires a minimum of two directors before now,but it has been reduced to one

📌 Capital Requirements: There is a minimum share capital requirement that must be fulfilled during registration. The amount varies based on the type and scale of business.

📌 Governance: An LLC must adhere to corporate governance practices, including holding annual general meetings, filing annual returns, and maintaining statutory records.

📌 Taxation: LLCs are subject to corporate tax on their profits. They must file tax returns and comply with other tax obligations.

📌 Perpetuity: An LLC has perpetual succession, meaning its existence is not affected by changes in ownership or the death of shareholders.

BUSINESS NAME

📌 Legal Entity: A Business Name is not a separate legal entity. It refers to the registration of the name under which a person or entity conducts business. The business and the owner are legally the same.

📌 Liability: The owner(s) have unlimited liability. This means personal assets can be used to settle business debts and obligations.

📌 Registration: The process of registering a Business Name is simpler and less formal compared to an LLC. It involves providing details about the business and its owner(s) to the CAC.

📌 Capital Requirements: There are no specific capital requirements for registering a Business Name.

📌 Governance: There are fewer regulatory requirements for a Business Name. There is no need for formal meetings, annual returns, or maintaining statutory records.

📌 Taxation: The income of the business is taxed as personal income of the owner. The owner must file personal income tax returns reflecting the business income.

📌 Perpetuity: The business does not have perpetual succession. Its existence is tied to the owner, and it may cease to exist upon the owner’s death or decision to close the business.

Summary
LLC: Separate legal entity, limited liability, more formal registration and governance, corporate tax, perpetual succession.

Business Name: Not a separate legal entity, unlimited liability, simpler registration, personal income tax, tied to the owner’s lifespan.
Choosing between an LLC and a Business Name depends on factors like the desired level of liability protection, the complexity of operations, tax considerations, and the long-term vision for the business

DM on 09168907003

06/06/2024

Dear CEO,
Did you know that your business name is never truly yours until you've legally secured it?

Business owners, I see you printing banners and flyers. I see you paying for ads, and I think that's great. But none of these efforts can secure your business name for you.

When it comes to the Corporate Affairs Commission, it's first come, first serve. The first person to register the name is the legal owner of that business name.

Now, imagine spending a significant amount of money on printing banners and running ads, only to find out that the business name on them has been registered by someone else. That’s not a nice situation to imagine, right?

The best way to secure your business name isn't by printing banners or flyers. It's by registering it first.

Build a Future for your Business
Get registered

DM on 09168907003 to get started today

05/06/2024

POS operators Una well done ooo

As part of the CBN directives for all POS Operators to incorporate their business with CAC on or before 7th July, 2024. There has been a high influx of registration thereby making the COMPANY REGISTRATION PORTAL (CRP) really slow.

Before now, name reservation application takes approximately 24-48 hours for approval.

But recently, name reservation takes more than 3 weeks. I'm currently working on names which has been pending for over 3 weeks.

Dear client please bear with me, na CAC website cause am.

Meanwhile, I think Before giving such directives and ultimatums, I expected the Management to have put in the necessary machinery to match up with the expected traffic for a smooth registration process.

Take a good Look at our dashboard, we have over 178 business names application pending approval.

So, If you are a POS agent and still waiting for June before you begin POS registration with CAC, I'm sorry to say this, you might meet up with the deadline of 7th July, 2024.

There's a special weekend discount for POS operators.

Call or WhatsApp 09168907003

04/06/2024

UNDERSTANDING BUSINESS LEGAL STRUCTURE IN NIGERIA

(HOW TO CHOOSE RIGHT LEGAL STRUCTURE FOR YOUR BUSINESS IN NIGERIA)

In Nigeria, the legal structure of businesses is governed by the Companies and Allied Matters Act (CAMA) 2020, which provides the framework for the formation and regulation of various business entities. Here are the primary types of business legal structures in Nigeria:

📌 Sole Proprietorship:

•A business owned and operated by a single individual.
•Simple to set up and operate.
•The owner has unlimited liability, meaning personal assets can be used to settle business debts.

📌 Partnership:

•Involves two or more individuals who share ownership of a business.

Partnerships can be either general or limited.
General Partnership:
All partners manage the business and have unlimited liability.

📌 Limited Partnership: Includes both general partners (with unlimited liability) and limited partners (with liability limited to their investment).

📌 Limited Liability Company (LLC):

The most common form of business entity in Nigeria.
Can be a private or public company.

•Private Limited Company (Ltd): Typically smaller, with restrictions on the transfer of shares and a maximum of 50 shareholders.
•public Limited Company (Plc): Can offer shares to the public and has no maximum number of shareholders.
Shareholders have limited liability, meaning their personal assets are protected.

📌 Unlimited Liability Company:

Similar to a limited liability company, but the shareholders have unlimited liability.
Rarely used due to the risk involved.

📌 Company Limited by Guarantee:

A non-profit entity often used for charitable, educational, or religious purposes.
Members' liability is limited to the amount they agree to contribute if the company is wound up.

📌 Incorporated Trustees:

Used by non-profit organizations, religious groups, and NGOs.
Managed by a board of trustees rather than shareholders.

KEY CONSIDERATION FOR CHOOSING A LEGAL STRUCTURE

•Liability: Sole proprietorships and general partnerships expose owners to unlimited liability, while limited companies and incorporated trustees provide limited liability protection.

•Capital Requirements: Public companies have higher capital requirements compared to private companies.

•Regulatory Compliance: Different structures have varying levels of regulatory compliance. Public companies and incorporated trustees are subject to more stringent regulatory requirements.

•Tax Implications: Different structures have different tax obligations and benefits. Understanding the tax implications is crucial for optimal business planning.

•Ease of Formation and Operation: Sole proprietorships and partnerships are easier and cheaper to set up compared to limited companies.

•Fundraising: Public limited companies can raise funds from the public, whereas private limited companies, partnerships, and sole proprietorships have more limited fundraising options.

•Registration Process
Name Reservation: Check the availability and reserve the business name with the Corporate Affairs Commission (CAC).

•preparation of Documents: Prepare the necessary incorporation documents, including the Memorandum and Articles of Association for companies.

•Filing with CAC: Submit the incorporation documents to the CAC for registration.

•Issuance of Certificate: Upon approval, the CAC issues a Certificate of Incorporation, which legalizes the business entity.

Understanding these structures and the regulatory environment in Nigeria is essential for making informed decisions about forming and operating a business.

We will make each legal structure a chapter for better discussion and understanding for informed decisions on legal structure of business to considered suitable for your line of business

DM on 09168907003

31/05/2024

Until your church is register you don't have church name!

I started church 10 years ago, and God inspired me to use a name and I am so sure we were the only one given the name.

We have invested so much on the name and the branding of the name. We are in love with it.

In 2023, we were told to register with corporate affairs commission Abuja to enable us to have official account and we consult CAC accredited agent.

The unfortunate happened because we were told our name has been used but we don't bother so much because we believe it was given to us by God.

Until we try the name five times and they keep denying the name before we realized that our careless and refused to register the name has caused us serious challenges.

Today we are using another name because we can not register our formal name and we have wasted money branding it .

The story above can be avoided if appropriate action is taken.

start the registration of your church and business.

Call or Whatsapp 09168907003

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