Registering a Consulting Firm
Requirements for registering a Consulting Firm
The Council is empowered to register Consultancy Firms in the following categories:
SOLE OWNERSHIP
- All applications must be done through the COREN PORTAL.
- Must be owned by a COREN Registered Engineer who must be up to date with his practicing fee payment.
- Certificate of Incorporation (CAC Document).
- CAC form 10 (Annual Returns).
- Mandate Form.
- Business Name Document.
- Company Profile (Maximum five (5) pages).
- Curriculum Vitae, COREN Certificate and Current practicing license of the principal partner.
- Statement of consultancy experience.
- COREN Certificate, current practicing license and a reference letter from a proposing firm.
- Payment of appropriate application and processing fees as shown below.
PARTNERSHIP
- All applications must be done through the COREN PORTAL.
- To be owned by two or more registered engineers who must be up to date in the payment of their practising fees.
- Certificate of Incorporation (CAC Document).
- CAC form 10 (Annual Returns).
- Mandate Form.
- Partnership deed.
- Company Profile (Maximum five (5) pages).
- Curriculum Vitae, COREN Certificate of principal partners and current practicing license of principal partner.
- Statement of consultancy experience.
- COREN Certificate, current practicing license and a reference letter from a proposing firm.
- Payment of appropriate application and processing fees as shown below.
LIMITED LIABILITY FIRMS/COMPANIES
- All applications must be done through the COREN PORTAL
- Directors on the board who are registered Engineers must be shareholders of the firm and hold at least 55% shares.
- Certificate of Incorporation (CAC document).
- CAC Forms 2, 7 and 10.
- Company Profile (Maximum five (5) pages).
- COREN Firm Registration Mandate Form.
- Memorandum and Articles of Association (Max 5 pages).
- Curriculum Vitae, COREN certificate and current practicing license of the engineers on the Board of Directors who are also shareholders in the company.
- Statement of consultancy experience.
- COREN Certificate, current practicing license and a reference letter from a proposing firm.
CORPORATE FIRM
- All applications must be done through the COREN PORTAL.
- Certificate of Incorporation (CAC document).
- CAC Form 2, 7 and 10.
- Company Profile (Maximum five (5) pages) Mandate Form.
- Memorandum and Article of Association (Max 5 pages).
- Curriculum Vitae, COREN certificate and current practicing license of the engineers on the Board of Directors who are also shareholders in the company.
- Statement of consultancy experience.
- COREN Certificate, current practicing license and a reference letter from a proposing firm.
Special Requirement for the Categories
- Engineers on the Board of Directors must have been registered engineer(s) for at least 5 years and must be Nigerians with total shareholding of 55% minimum.
- He/she /they must have worked under the supervision of senior engineers or in organizations with the competence to provide training in the discipline of interest for at least 5 years.
- A reference letter from a COREN registered consulting firm with a current practicing license and COREN Certificate as a proposing firm.
- Verifiable office space and personnel disposition befitting a consulting firm.
Registration of Foreign-Owned Firms
Definition
Foreign Firms are defined as firms that are fully owned by one or more foreign nationals having a minimum of 55% shares and registered with CAC and also having a minimum of 90% of its engineering staff from Nigeria (this is only applicable where special expertise is needed and not available locally).
Requirements for Registration of Foreign-Owned Firms
- Completed COREN Application Form.
- Certification of Registration with CAC
- Brochure of the Company
- CAC form C02
- CAC form C07
- CAC form 10 (Annual Return)
- Curriculum Vitae, Registration Certificates and current practicing licenses of Engineers on the Board of the Firm.
- Payment of appropriate application fees as in schedule of fees, (Table 3).
- Evidence that 90% of all cadres of registered engineering practitioners are Nigerians.
Form………. Staff list (For Firms Applying for Registration)
| S/N | NAME | CADRE | REGISTRATION NO. | NATIONALITY | STATUS OF PRACTICING LICENSE |
FIRM FEES (Nigerian Owned)
The breakdown of fees associated with Sole Ownership registration
DESCRIPTION AMOUNT
Application & Processing Fee = N 50,000
Full Registration, Seal and Stamp =N 100,000
Total = N 150,000.00
The breakdown of fees associated with Partnership registration
DESCRIPTION AMOUNT
Application & Processing Fee = N 75,000
Full Registration =N 150,000
Total =N 225,000
The breakdown of fees associated with Limited Liability registration
DESCRIPTION AMOUNT
Application & Processing Fee = N 100,000
Full Registration =N 250,000
Total = N 350,000
The breakdown of fees associated with Corporate registration
DESCRIPTION AMOUNT
Application & Processing Fee = N 200,000
Full Registration =N 500,000
Total =N 700,000
FOREIGN OWNED
The breakdown of fees associated with Limited Liability registration
DESCRIPTION AMOUNT
Application & Processing Fee = $ 1,000
Full Registration =$ 10,000
Total = $ 11,000.00
The breakdown of fees associated with Partnership registration
DESCRIPTION AMOUNT
Application & Processing Fee = $ 2,000
Full Registration =$15,000
Total =$ 17,000
PRACTICING FEE FOR CONSULTING FIRMS (For 2 YEARS)
Nigerian
Sole Ownership N112,500
Partnership N150,000
Limited N225,000
Cooperate N375,000
PRACTICING FEE FOR CONSULTING FIRMS (For 2 YEARS)
FOREIGN OWNED
Limited Liability $ 7,500
Partnership $ 11,250
ALL PAYMENTS MADE ARE NON REFUNDABLE