How To Register A Business Enterprise In Nigeria
You can start your business name registration process online also.
How to register a business enterprise in nigeria. If you want to check for availability of the proposed company name on the cac website now click here. To register a business name for a sole proprietorship business all you have to do is walk to the cac offices located across the states and register your desired business name. To register a business name in nigeria the following are the steps to take. Choosing a name for your business is vital and can be quite difficult. This is because it has to be unique catchy and salesy.
Fill the form correctly in capital letter there is nothing much to fill just your name your address and the names you intends to register tick the type of company category you want to register as. You will apply to the corporate affairs commission cac and suggest two alternate names for your business. Just walk into the place and obtain the cac form 1 for n200. The agency in charge of business name registration in nigeria is the corporate affairs commission cac. Now you may want to know how much it cost to register a business name in nigeria.
There is something that feelsillegitimate about an unregistered business. To register llc in nigeria visit the cac office nearest your state of residence and request for name reservation or name availability check. Before you register your business or company in nigeria you have to check the cost. Although the business enterprise or company registration can be done online the original copies of the documents used for the registration must be submitted to the cac before the certificate of incorporation can be given to you or your representative. Pick a business name.
One person can register a business and be the sole proprietor succession since the company will be a legal person entitled to sue and be sued own property and corporate seal it can outlive its members as shares are transferrable though with some measure of restriction for a limited liability company llc. What if i need to set up an online business like a directory sorta like a 411 yellow pages kind of business about nigeria but physically located in a different country does this still apply as i don t mind registering the business to prevent any legal issues in the future. Well i can t quote a price here because of the ever changing policy of the cac. Steps to register a business in nigeria step 1. An individual can register a business name online himself or herself at the cac s portal because of its less formality and a lawyer may also be hired to carry out the registration especially where the business involves more than one proprietor and a partnership deed stipulating the agreements between partners or proprietors required to be drafted and duly filed with the cac.
You also have to ensure that the name you pick is related to the products service your business will be dealing in.