The intended company is a new SME currently carrying out hotel reservations and coordinating a few property sales and purchases; we currently don't have a property of our own or under our management even though we hope to venture into all aspects of Real Estate as we grow structurally and financially. On the online CAC application form, We have selected "Real Estate Activities" as nature of business. I'll appreciate any help, Thanks!
Answered 1 month, 1 week ago
A real estate company is not one that must have a certain compulsory share capital thus the general rule applies which is a minimum of #10,000 as share capital for a private company and #500,000 for a public company.
Answered 1 month ago
One million Naira share capital is the minimum. Please engage a lawyer that is a CAC Accredited Agent to assist you.