How to Revalidate Nigeria CAC Account

If you have a Nigerian Corporate Affairs Commission (CAC) account, you may need to revalidate it at some point. Revalidating your CAC account is important in ensuring that your business is legally recognized and that you can access the necessary services from CAC.

In this article, we will walk you through the steps involved in revalidating your CAC account in Nigeria. We will also discuss the reasons why you may need to revalidate your account and how to avoid some common mistakes during the process.

What is CAC?

Before we dive into the process of revalidating your CAC account, let's first define what CAC is. The Corporate Affairs Commission (CAC) is a government agency in Nigeria responsible for regulating the formation and management of companies in the country.

If you plan to operate a business in Nigeria, you must register the company with CAC. This registration will give you a Certificate of Incorporation, which serves as legal recognition for your business in Nigeria.

Why you may need to revalidate your CAC account

Revalidating your CAC account is necessary if there have been any changes to the information you provided during the registration process. Below are some reasons why you may need to revalidate your CAC account:

Change of business address

If you have changed the physical address of your business, you will need to revalidate your CAC account to reflect the new address.

Change of business name

If you have changed the name of your business, you will need to revalidate your CAC account to reflect the new name.

Change in directors, shareholders or ownership structure

If there have been any changes to the directors, shareholders or ownership structure of your company, you will need to revalidate your CAC account to reflect the new information.

How to revalidate your CAC account

Now that we have discussed why you may need to revalidate your CAC account, let's look at the steps involved in the revalidation process.

Step 1: Log in to your CAC account

The first step in revalidating your CAC account is to log in to your account on the CAC website. If you do not have an account, you will need to create one before proceeding.

Step 2: Click on the "Revalidation" tab

Once you have logged in to your account, click on the "Revalidation" tab to initiate the process.

Step 3: Confirm your company details

The next step is to confirm the details of your company. This will include your business name, registration number, and other relevant information. Ensure that all the details are correct before proceeding.

Step 4: Provide the necessary documents

Once you have confirmed your company details, you will be required to provide the necessary documents to support the revalidation process. These documents may include:

• Certificate of Incorporation
• Forms CAC 2.1 and 7.1
• Valid means of identification (e.g. National ID, International Passport, Driver’s License)

Ensure that you have all the necessary documents before proceeding.

Step 5: Pay the revalidation fee

After providing the necessary documents, you will be required to pay a revalidation fee. The fee is dependent on the type of company you registered with CAC. Ensure that you pay the correct fee to avoid any delays in the process.

Step 6: Wait for confirmation

Once you have completed all the steps, you will need to wait for confirmation from CAC. The confirmation will indicate that your CAC account has been revalidated and you can now access the necessary services.

Common mistakes to avoid during the revalidation process

During the revalidation process, it is important to avoid some common mistakes that can delay the process. Below are some mistakes to avoid:

Incorrect details

Ensure that all the details you provide during the revalidation process are correct. Incorrect details can lead to delays in the process.

Missing documents

Ensure that you have all the necessary documents required for the revalidation process. Missing documents can also delay the process.

Incorrect payment

Ensure that you pay the correct fee for the revalidation process. Incorrect payment can lead to delays or even the rejection of your application.

Conclusion

Revalidating your CAC account in Nigeria is an important process that ensures that your business is legally recognized and can access the necessary services from CAC. By following the steps outlined in this article, you can easily revalidate your CAC account and avoid some common mistakes during the process.

FAQs

1. How often do I need to revalidate my CAC account?

   • You only need to revalidate your CAC account if there have been any changes to the information you provided during the registration process.

2. How long does the revalidation process take?

   • The revalidation process typically takes between 3-5 working days, but this may vary depending on the workload at CAC.

3. Can I revalidate my CAC account without logging in to my account?

   • No, you need to log in to your CAC account to initiate the revalidation process.

4. What happens if my application is rejected?

   • If your application is rejected, you will need to follow the feedback provided by CAC and make the necessary changes before resubmitting your application.

5. Can I revalidate my CAC account offline?

   • No, you cannot revalidate your CAC account offline. The process is done online through the CAC website.