Everyone one is always talking about starting a business, but no one is talking about how to register a business in Nigeria. So here we will be explaining several steps to register your business in Nigeria.
So are you planning to start a business in Nigeria or possibly running a business that is not currently registered, it is advisable to quickly register your business before someone else does.
So to register your business in Nigeria is a simple task. To get your business registered in Nigeria, you will need to go through The Corporate Affairs Commission also known as (CAC). The Corporate Affairs Commission (CAC) is the governmental body responsible for registering businesses , corporations and companies in Nigeria.
Corporate Affairs Commission was established by the Companies and Allied Matters Act , which was promulgated in 1990 to regulate the formation and management of companies in Nigeria.
We shall go through different steps to register your business in Nigeria.

Types of Business You can Register in Nigeria

Business Name: Sole Proprietorship (One man’s Business):
Private Limited Company (LTD)
Public Limited Company
Company Limited by Guarantee etc

Why You Should Register your business in Nigeria

So that someone else doesn’t register your business
To become a registered and recognized business
To be able to open an account
You cannot get a loan without a business name
Government and top organisations don’t give out contracts to businesses that are not registered
It makes you a legitimate business

How to register your business in Nigeria

You can either register your business online or offline. Either of the two you will have to complete your final registration by visiting the office of the Corporate Affairs Commission (CAC) closest to you.
1. Online Registration: Visit The Corporate Affairs Commission (CAC) official website on cac.gov.ng, click on “Click here to go to Company Registration Portal (CRP)” to register on the website or click “Public Name Search” to check if your business name is available.

Please note that Corporate Affairs Commission (CAC) has the right to disapprove name(s) that are
• capable of misleading as to the nature and extent of its activities
• undesirable, offensive or contrary to public policy
• identical with or similar to the name of a registered company unless the registered company is in the course of dissolution and consents in writing
• contain the phrase “Chamber of Commerce” unless it is a company limited by guarantee
• would violate any existing trade mark or business name unless with the consent of the trade mark or business name owner
• would violate any incorporated trustee unless with consent of the trustees


Source : Business Mopol - Register your Business in Nigeria

Steps to Register Your Business Online on The Corporate Affairs Commission Website

Search for your proposed Business Name to see if it is available



Click on Create account to Register on The Corporate Affairs Commission’s website


Login to the portal


Choose your preferred names and another one incase the first is not accepted


Fill in your business Information then submit


Note you will pay a sum of N500 for the name reservation. They have several payment options for visa, master card and even bank payment.

Once you have successfully made your payment, wait for at least 24-48 hours to check if your name has been approved. Once your name has been approved, you will be required to pay the sum of indicated below the final registration.

Offline Registration

The offline registration requires you to get a lawyer or accountant if you are registering for a limited liability company or others rather than a Business name. If you are registering for a business name, you might not require the service of a lawyer as you can just walk into any of the offices of the Corporate Affairs Commission (CAC). Pick up your registration form and pay the sum stated for your business.

These rates are as at October 2016. Notes they may be subject to change


Read More here http://www.businessmopol.com/register-business-nigeria/

made front page twice in a roll,......I dedicate this to my niggaz..

does Nigerian economy encourage entrepreneurship

Ok

Nice Post

Kilo ni

There's nothing new here.... But I think it is helpful for those who don't know how to get started. However, people should know that CBN and banks policies are killing businesses.

Neteller here: .com.ng

Thanks for this information!

So timely!

leksmedia:
Offline Registration

The offline registration requires you to get a lawyer or accountant if you are registering for a limited liability company or others rather than a Business name. If you are registering for a business name, you might not require the service of a lawyer as you can just walk into any of the offices of the Corporate Affairs Commission (CAC). Pick up your registration form and pay the sum stated for your business.

These rates are as at October 2016. Notes they may be subject to change


Read More here http://www.businessmopol.com/register-business-nigeria/

So do you think you can do all yourself without involving a professional?

Thanks

At last, this thread.

This is just what I need now. I was just thinking of it. Thanks op seem you were going through ma mind. I will be back to modify

Nice information... Everything shouldn't be about showbiz n all that.. Nice one

Nice

Nice one OP

Useful information for entrepreneurs

k

You will definitely know when it is time for something. All things will point towards it. Today marks my first step in birthing my consulting firm by posting a write-up on my facebook page. I was just sharing with people that i will open a blog also and then register the company only for me to come here and see this. It could have only been God. Please throw more light on the best to incorporate for consultancy. Business name or limited liability company and then how much is it for limited liability company. I would also like to know about how to have a blog site.

Awesome

Very handy.you be witch? thanks for this info.

So how much for a limited company registration. #1M capital shares?

NICE POST. VERY HELPFUL

Very informative. ...Nice one op

Informative and educative post for entrepreneurs like me... God bless

@ rentalodge thank you for throwing more light on this topic


what could be minimum amount for private business incorporation that does not require registration

Timely info. Funny enough someone was charging me 20k to do this. I even de beg am self.

nice info... good work @op

Lovely