Obtaining a Certified True Copy (CTC) of your corporate documents from the Corporate Affairs Commission (CAC) in Nigeria is crucial for businesses and organizations. Whether you need to replace a lost certificate or authenticate a key document, the CTC process ensures you have a legally recognized copy of your CAC documents. In this comprehensive guide, we’ll walk you through the steps to obtain a CTC, highlight the requirements, and share tips for a seamless application.
What is a Certified True Copy (CTC)?
A Certified True Copy (CTC) is an official replica of a document certified by the CAC to confirm that it is a true and accurate copy of the original. This certification makes the document legally valid for official transactions and legal proceedings.
Common documents that businesses may request a CTC for include:
- Certificate of Incorporation
- Memorandum and Articles of Association (MEMART)
- Application for Registration (Form CAC 1.1)
- Other corporate filings like annual returns
Why You May Need a Certified True Copy from CAC
- Replacement of Lost Documents: If your original CAC certificate or other documents are lost or damaged, a CTC serves as an acceptable substitute.
- Banking and Financial Transactions: Many financial institutions require a CTC for account opening or other compliance processes.
- Legal and Compliance Purposes: Some regulatory agencies and courts may request a CTC to verify your corporate status or resolve disputes.
- International Business Operations: For businesses seeking to expand internationally, a CTC may be required for authentication in other jurisdictions.
Requirements for Obtaining a CTC from CAC
Before applying for a CTC, ensure you have the following:
- Application Letter: A formal request addressed to the Registrar-General of the CAC, specifying the document(s) required. This is now to be completed online.
- Proof of Identity: A valid means of identification for the applicant or the authorized representative.
- CAC Registration Number: The name or unique number assigned to your business during registration.
- Evidence of Payment: Receipt of payment for the CTC application fee.
- Affidavit (if necessary): An affidavit may be required in case of lost documents, to affirm the loss and justify the request.
Steps to Obtain a Certified True Copy from CAC
Please note that you need an accredited agent to help you complete this process:
- Visit the CAC Online Portal.
- Log in to the CAC’s online platform and follow the prompts for CTC requests.
- Make Payment. You can make payment either online through the CAC platform or via a designated bank.
- Submit Your Application.
- Upload scanned copies of your application letter.
- Processing Period: The CAC typically processes CTC requests within 5–10 working days. However, this timeline may vary depending on the volume of requests and document type.
- Collect Your CTC: You will be notified once your CTC is ready for collection. Download them from the online platform.
Tips for a Smooth Application Process
- Verify Your Business Details: Ensure the details on your original registration are accurate and match your application.
- Complete Payments Promptly: Avoid delays by confirming and completing the required payments.
- Follow Up Regularly: Contact the CAC office to track the status of your application if there’s a delay.
- Engage Professionals: Work with accredited CAC agents to handle your application.
Frequently Asked Questions (FAQs)
Can I Obtain a CTC Without the Original Document?
Yes, you can request a CTC even if the original document is lost. However, you may need to provide an affidavit affirming the loss.
Can a Third Party Apply for a CTC on My Behalf?
Yes, an authorized representative can apply for a CTC on your behalf, provided they submit a letter of authorization and valid identification.
How Long is a CTC Valid?
A CTC does not have an expiration date. However, you may need to obtain a new CTC if the document undergoes changes (e.g., amendments to MEMART).
Conclusion
Obtaining a Certified True Copy (CTC) from the CAC is a straightforward process that ensures you have an official and legal replacement of your corporate documents. Whether for compliance, legal, or administrative purposes, having a CTC is invaluable for business operations. By following the steps outlined in this guide, you can easily navigate the process and secure your certified documents.
For assistance with recovering lost certificates or obtaining a CTC from the CAC, contact us at CACregistration.com. Let our experts handle the complexities while you focus on growing your business.
Adebayo Oluwole is a seasoned chartered accountant and a member of Chartered Institute of Taxation of Nigeria with over twenty years of experience. His expertise cuts across accounting, auditing and taxation. He has helped hundreds of individuals translate their dreams into reality by offering them pre and post registration services. His focus is to help SMEs grow in the marketplace.