How To Register A Business Name In Nigeria Pdf
Meaning it has not been registered as a business. The reason for this is not far fetched.
The proposed Name of the Business at least 2 names for availability sake.
How to register a business name in nigeria pdf. Here are the requirements for registering a business name in Nigeria. Requirements to register a Business Name in Nigeria. Choose a Business Name.
Business Name Registration Requirements. Pay for a filing fee. 1 How much does it cost to register a business name in Nigeria in 2020.
Choose and Reserve a Name The first step is to decide on what name to use to register your business the. The first step is to decide on the name you want to register your business with the process is done online. Complete your pre-registration form to register a business name.
Now registration is end-to-end on the COMPANY REGISTRATION PORTAL CRP with electronic Certificate of Registration. Requirements for Registering a Business Name in Nigeria. The CAC official filing fee for the registration of business name in Nigeria is N10000 Ten Thousand Naira Only.
This step is necessary as it helps to reserve the proposed company name. A valid means of Identification Driver License National ID or International Passport Full Names and Bio-Data of the Owner of the Business. You cannot be allowed to register a business name that has already been registered with the CAC or a business name that is similar to an already registered business name as this will lead to chaos.
3 Steps on How to register a business name in Nigeria online. There are many benefits and detriments to registering a business name as opposed to an incorporated company and you can read about it in more detail here Limited Liability v Business Name. The registration of business name under the Companies and Allied Matters Act of 1990 confers on the proprietor or partners the right to carry out their business under a Business Name.
To begin this process you need to visit the CAC website. Personal Identification documents of the registering individuals. Business Names are cheaper to register.
Here are the steps to register a business name with CAC. Registration steps for Business Names. 32 Step 2 Reserve Your Business Name.
Generally with a budget of N20000 or less you can get this done without sweat. Manifest of the Dispatched Certificates and Post Incorporation Documents. It does not confer any special right or privilege or licence to carry on the business itself.
The following are the steps to register a business in Nigeria. PUBLIC NOTICE ON THE NEW SERVICE DELIVERY FRAMEWORK. Means of identification Drivers license National ID card or others Debit card.
How to Register a Business in Nigeria. Explaining the steps involved in registering a Business Name in Nigeria. The registration of the business names in Nigeria has been simplified by the Corporate Affairs Commission CAC of Nigeria.
You will apply to the Corporate Affairs Commission CAC and suggest two alternate names for your business. Check for availability of the Business Name click here. PUBLIC NOTICE ON COURIER FEES.
One person to register as a sole proprietor or a maximum of two people to register as a partnership are required for a business name to be registered. All you need to know about registering an Incorporated Trustees. This is because of lesser documentation that is needed during registration and no stamp duties charge as well.
So if you havent registered your business you can log on to httpswwwcacgovngwp-contentuploads202010LIST-OF-AGGREGATORS-AND-STATE-FOCAL-PERSONS-FOR-THE-FREE-250pdf then access the contact of Aggregator for your location and. Read more about name reservation and Reserve a new Name click here Complete pre-registration form CAC-BNo1 and upload relevant registration documents Online using Company Registration Portal Pay filing fee Check the Fees for our Services here. CAC was launched in line with the Companies and Allied Matters Act CAMA promulgated in 1990 and amended in 2020.
To register a business name in Nigeria the following are the steps to take. The first step to registering your business in Nigeria is to confirm if its available for use. The first major step during incorporation of a company online with CAC is by filing for a name reservation online.
The steps for company registration in Nigeria include. SELECT AND RESERVE A NAME. Choose a business name and check for the availability.
The registration for the FGCAC Free Business Names Registration for MSMEs begins today Monday 19th 2020. If the applicant provides all the required information it takes just within 48 hours to register a business name in Nigeria. Registering your business name with the Corporate Affairs Commission CAC of Nigeria has a lot of benefits and that makes it very important for you to know how to register your company yourself.
With the introduction of CAC Nigeria website one can now easily carry out business name registration in Nigeria via the online portal. The cost of business name registration in Nigeria. Procedures for onlineCourier submission of Applications.
2 What are the requirements for registering a business name in Nigeria. 31 Step 1 Perform a Search to check If your Business name is available. Its no longer that hard to register a business name in Nigeria.
How long does it take to register a business name in Nigeria. Operations Checklists July 2020. Business name registration is faster.
There is a free search tool that you can use to check the name availability of your business. It would take several days and a lot of paperwork to get it sorted.
