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Regulatory Compliance for Nigerian Businesses

The compliance work your business shouldn't be doing.

Ugonex handles CAC registrations, post-incorporation filings, regulatory licenses, tax compliance, and corporate secretarial work for Nigerian businesses. Done properly. Done on time. Done so you can build the business.

TRUSTED BY NIGERIAN BUSINESSES ACROSS SECTORS
PIGGYVEST BAMBOO COWRYWISE BUMPA KUDA CARBON SELAR FAIRMONEY THEPEER SUREDIVIDENDS MAPLERAD ANCHOR
WHY UGONEX EXISTS

Nigerian businesses lose months on regulatory paperwork.

Every Nigerian business, from a Lagos fintech founder to a tier-1 bank, spends an enormous amount of time on regulatory work. CAC incorporation. Post-incorporation filings. FIRS registrations. CBN licenses. NDIC. SEC. NCC. The list is long. The forms are exacting. The penalties for getting it wrong are real.

Most businesses handle this badly. They use juniors who don't know the rules. They use lawyers who charge senior-counsel fees for junior-counsel work. They miss filing deadlines and pay penalties. They get certificates rejected and lose months redoing paperwork.

Ugonex exists because regulatory compliance is its own discipline. We do it properly, we do it efficiently, and we charge for it appropriately. Our team has filed thousands of documents at CAC, FIRS, CBN, and the major regulatory bodies. We know what works.

WHAT WE DO

Five service areas. Built for how Nigerian businesses actually operate.

SERVICE / 01

COMPANY FORMATION

Full CAC incorporation for new Nigerian companies. Memorandum and Articles drafting, name reservation, share structure design, director and shareholder filings. Tax registrations included. 14-day average from start to certificate.

SERVICE / 02

POST-INCORPORATION

Annual returns, AGM minute filings, beneficial ownership disclosures, share allotments, director changes, registered address changes. Every filing CAC requires after a company is incorporated. Done monthly or as needed.

SERVICE / 03

REGULATORY LICENSES

License applications and renewals across CBN, SEC, NCC, NAICOM, NUPRC, NESREA, and other Nigerian regulators. Fintech licenses, capital markets licenses, telecom permits, environmental approvals, and more.

SERVICE / 04

TAX COMPLIANCE

TIN registration, VAT registration, monthly VAT filings, withholding tax administration, annual tax filings, FIRS audit support. Compliance with state tax authorities (LIRS, OGSIRS, etc.) where applicable.

SERVICE / 05

CORPORATE SECRETARIAL

Ongoing corporate secretarial services. Statutory register maintenance, board meeting documentation, AGM coordination, shareholder communications, governance compliance. Available as retainer for serious businesses.

HOW WE WORK

A real process, documented every step.

01

Engage

We start with a 30-minute scoping call. We understand your business, your filing needs, and your timeline. We provide a clear engagement proposal with scope, fees, and timeline.

02

Document

You provide the information we need through our secure client portal. We provide checklists for every filing type. Most clients submit documentation within 5 business days.

03

File

We draft, review, and file your documentation with CAC, FIRS, or the applicable regulator. We track every filing through to acceptance. Status updates available real-time.

04

Deliver

Final certificates and registrations delivered. Original documents couriered. Digital copies stored securely in your client portal. Future filings handled on retainer where agreed.

"Built in Lagos for Nigerian business. Filed at CAC, FIRS, CBN, and every regulator that matters."

SECTOR EXPERTISE

Compliance is sector-specific.

Different industries face different regulatory realities. We've done the work across Nigeria's major commercial sectors.

FINTECH

CBN PSSP, MFB, PSP

SEC permits and NDPC compliance

E-COMMERCE

CAC + FIRS

Consumer protection and NDPR compliance

MANUFACTURING

NESREA and NAFDAC

SON and sectoral standards

OIL & GAS

DPR/NUPRC

NMDPRA and local content compliance

REAL ESTATE

LAND USE ACT

State urban planning and CAC filings

MEDIA

NCC and NBC

Advertising compliance

WHAT CLIENTS SAY

"Ugonex handled our CAC incorporation, CBN PSSP application, and ongoing compliance. Worth every naira."

Adesina K. FOUNDER & CEO, LAGOS FINTECH

"Predictable, professional, and reliably on time. Rare in Nigerian compliance services."

Funmi A. GENERAL COUNSEL, NIGERIAN VC FUND

"Set up our Nigerian subsidiary in 21 days. Our previous attempts took six months."

James O. COUNTRY MANAGER, INT'L ENTITY
READY TO START

Tell us what you need filed.

30-minute scoping call, no commitment. We'll review your situation, recommend an approach, and provide a clear engagement proposal within 24 hours.

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OUR SERVICES

Compliance services for every stage of Nigerian business.

Five service areas covering the regulatory work Nigerian businesses face from incorporation to scale. Engaged on a project, retainer, or wholesale basis.

SERVICE 01

Company Formation

"From idea to certificate, in 14 days."

Company formation in Nigeria involves more than filling out CAC forms. The decisions you make at incorporation (share structure, director appointments, memorandum drafting, registered address) have real implications for fundraising, tax, and operations later.

Ugonex's company formation service handles every step properly. We draft the Memorandum and Articles tailored to your business. We structure share classes for future fundraising. We register tax identifiers. We open bank accounts. The result is a properly incorporated Nigerian company, ready to operate, in 14 days from kickoff.

WHAT'S INCLUDED:

FORMATION CHECKLIST COMPLETE

✓ MEMARTS DRAFTED

✓ DIRECTORS APPOINTED

✓ SHARE ALLOTMENT DONE

✓ TIN GENERATED

SERVICE 02

Post-Incorporation Compliance

"What happens after the certificate."

Once a Nigerian company is incorporated, the filing obligations start. Annual returns due each year. AGM minutes filed. Beneficial ownership disclosures. Share allotments tracked. Director changes notified. CAC penalties for non-compliance are real and accumulate.

Ugonex handles post-incorporation compliance on retainer or project basis. We track your filing obligations, prepare documentation, and file before deadlines. Your company stays compliant without you remembering.

SERVICE 03

Regulatory Licenses

"From CBN to NCC, applications and renewals."

Nigeria's sector regulators each maintain their own licensing regimes. CBN for banking and payments. SEC for capital markets. NCC for telecoms. NAICOM for insurance. NUPRC for oil and gas. NESREA for environmental. Each has its own application requirements, fees, and timelines.

Ugonex's regulatory license team has filed applications and renewals across every major Nigerian regulator. We know what each regulator wants, what timelines to expect, and how to navigate common rejection reasons.

SERVICE 04

Tax Compliance

"FIRS, LIRS, and the rest."

Nigerian tax compliance is multi-layered. Federal taxes through FIRS. State taxes through state internal revenue services. VAT, withholding tax, company income tax, capital gains tax. Each has filing requirements, rates, and deadlines.

Ugonex's tax team handles tax registrations, monthly and annual filings, FIRS audits, and tax planning advisory. We work with companies from incorporation through ongoing operations.

SERVICE 05

Corporate Secretarial

"Governance, properly maintained."

Corporate secretarial work is the operational compliance most companies handle badly: statutory registers, board meeting minutes, shareholder communications. Done well, it prevents disputes and supports clean financial audits.

Ugonex provides corporate secretarial services on retainer for companies serious about governance. We maintain your statutory books, document board meetings, and ensure governance compliance with the Companies and Allied Matters Act 2020.

HOW WE ENGAGE

Three engagement structures.

PROJECT

Defined scope, defined deliverable, fixed fee. Best for incorporations, license applications, specific filings, M&A support. Most client engagements start as projects.

RETAINER

Monthly or quarterly retainer for ongoing compliance work. Best for established companies needing continuous CAC, FIRS, regulatory, and corporate secretarial support.

WHOLESALE

For law firms, accounting firms, and professional services firms outsourcing compliance work. Volume pricing, professional service standards, dedicated account management.

WHO WE SERVE

Built for Nigerian business at every stage.

From founders incorporating their first company to international corporations entering the Nigerian market, our service is structured for the realities of how each client type actually operates.

CATEGORY / 01

STARTUPS & SCALE-UPS

Nigerian startups from incorporation onward. Founders launching fintech, e-commerce, tech, and consumer businesses. Need incorporation, regulatory licenses, fundraising-related filings, and ongoing compliance.

CATEGORY / 02

ESTABLISHED BUSINESSES

Mid-market and large Nigerian corporations needing ongoing compliance support. CAC annual returns, regulatory licensing, tax compliance, and corporate secretarial work.

CATEGORY / 03

FOREIGN ENTITIES

International companies entering the Nigerian market. Subsidiary registrations, branch office establishments, regulatory licensing, and ongoing Nigerian compliance for non-Nigerian parents.

CATEGORY / 04

LEGAL & PROFESSIONAL FIRMS

Law firms and accounting practices outsourcing CAC and compliance work to Ugonex. Wholesale arrangements with predictable pricing and professional service standards.

CLIENT 01

Startups & Scale-Ups

"From day-one incorporation to Series B."

Nigerian startup founders need compliance support that moves at their pace. Speed matters. Pricing predictability matters. Treating small companies with the same professionalism as large ones matters.

Ugonex's startup engagement model is built for this. Fixed-fee incorporations. Quick-turn license applications. Founder-friendly pricing. We grow with our startup clients, from incorporation through licensing through fundraising rounds.

RESOURCES

Practice resources for Nigerian businesses.

Articles, practice notes, regulatory updates, and guides for Nigerian compliance practitioners and business owners. Updated regularly by our team.

April 2026 / Article

CAMA 2020: Five Years In

Practical analysis of how CAMA 2020 has changed Nigerian corporate practice, with guidance for boards.

Read →
April 2026 / Practice Note

Choosing a Nigerian Company Structure

A practical guide to Nigerian company structure decisions: Limited by Shares, Guarantee, or Unlimited.

Read →
March 2026 / Regulatory Update

Digital Services Tax Guidelines

Analysis of recent FIRS guidance affecting digital services delivered to Nigerian customers.

Read →
March 2026 / Guide

Fintech Compliance Checklist

A reference checklist covering CAC, CBN, FIRS, NDPC, and other regulatory obligations for fintechs.

Read →
February 2026 / Practice Note

Beneficial Ownership Disclosure

Detailed guidance on the disclosure requirements under CAMA 2020 and recent CAC guidance.

Read →
February 2026 / Article

Foreign Entity Entry: Subsidiary vs Branch

Practical analysis of when international companies should establish subsidiaries versus branch offices.

Read →
January 2026 / Regulatory Update

CBN Updates to PSSP Licensing

Analysis of recent CBN updates to Payment Service Solution Provider licensing requirements.

Read →
January 2026 / Practice Note

Annual Returns: CAC Requirements

A practical walkthrough of annual returns filing requirements at CAC, with common errors to avoid.

Read →
December 2025 / Guide

The Nigerian Tax Calendar

Reference document with all major Nigerian tax filing deadlines for the year, by tax type.

Read →
December 2025 / Article

M&A Compliance Year in Review

Analysis of significant Nigerian M&A transactions in 2025 and the emerging compliance lessons.

Read →
November 2025 / Practice Note

NIPC Business Permits: When and Why

Guidance on Nigerian Investment Promotion Commission business permits for foreign-owned companies.

Read →
Ongoing / Filings Calendar

Compliance Filing Calendar

Comprehensive calendar of major filing deadlines across CAC, FIRS, CBN, NDIC, SEC, and NCC.

Read →
STAY CURRENT

The Resources Roundup

Get our monthly resources roundup delivered to your inbox. Articles, practice notes, regulatory updates, and reference documents.

ABOUT UGONEX

Building modern infrastructure for Nigerian compliance.

"Ugonex was founded in 2023 by a team of corporate lawyers, tax practitioners, and chartered company secretaries who'd seen Nigerian compliance work done badly too many times."

We chose to focus exclusively on regulatory compliance and documentation services, not as one offering among many in a law firm or accounting practice, but as our entire business. Real expertise comes from depth and repetition. Our team has handled thousands of CAC filings, license applications, and tax filings.

Today we're a dedicated team across our Lagos and Abuja offices. We work with Nigerian businesses at every stage, from early-stage startups through tier-1 corporations and international entities entering Nigeria. Our focus on reliability reflects our fundamental discipline: doing the work properly, on schedule.

LEADERSHIP

Our partners.

Adesina K. Olutola

Managing Partner, Corporate

14 years of Nigerian corporate compliance practice. Chartered Company Secretary (ICSA). Former senior associate at a leading firm.

Funmi Akinola

Partner, Tax and Regulatory

Former Senior Tax Consultant at KPMG Nigeria. 16 years of Nigerian tax practice. Specialist in foreign-entity compliance.

Emeka Okonkwo

Partner, Fintech

11 years specializing in CBN, SEC, and tech-sector regulatory work. Former in-house counsel at a major fintech.

GET IN TOUCH

Tell us what you need filed.

NEW ENGAGEMENTS

admin@ugonex.org

Response: within 1 business day

CLIENT SUPPORT

admin@ugonex.org

portal.ugonex.com

WHOLESALE

admin@ugonex.org

GET STARTED

Tell us about your business.

30-minute scoping call, no commitment. Tell us what you need filed, your timeline, and your context.

SERVICES NEEDED (Select all that apply)
TIMELINE
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Privacy Policy

Effective Date: April 24, 2026

1. Introduction

Ugonex Compliance Limited ("Ugonex," "we," "our," "us") respects your privacy. This Privacy Policy explains how we collect, use, store, and protect personal and business information of clients, prospective clients, partners, and website visitors.

2. Information We Collect

We collect client business information, director details, tax identification numbers, and documents shared during service delivery. We also collect website visitor data like IP addresses and device information.

3. Data Security

We use bank-grade encryption for client data in transit and at rest. Access is limited to authorized engagement teams. We maintain strict data handling protocols for all sensitive corporate information.

For full policy details, please contact our privacy officer at admin@ugonex.org.

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Terms of Service

Effective Date: April 24, 2026

1. Nature of Our Services

Ugonex provides company formation, post-incorporation compliance, regulatory licenses, tax compliance, and corporate secretarial services. Specific engagements are governed by individual engagement letters.

2. Professional Standards

Our work is performed by qualified compliance practitioners, with senior reviews on all material filings. We follow professional standards applicable to corporate secretarial and tax practice in Nigeria.

3. Limitation of Liability

Our liability for engagements is limited to the fees paid for the specific engagement giving rise to the claim, except in cases of gross negligence.

Contact admin@ugonex.org for questions regarding these terms.