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freelance (m)
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Registering A Business Name
Hello Nairalanders,
I would like to register a business for my company. Does anybody in the house have any tips for a business name registration or a reliable and sure way it can be carried out? Hope to hear from you guys soon.
Safe
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Seun (m)
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Hello freelance, You will find the ' Company Registration In Nigeria' discussion useful. I think it costs 5,000 naira or so to register a business name. Is there a Nairaland member who performs this service? - Seun Osewa
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Akolawole (m)
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@Freelance
1) Where do you live?
2) Is it just Business Name registration or LTD company et al?
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Ashiwaju (m)
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It depends on the share capital, you ll need about 34,000 to get registered on a 100,000 share capital and about 60,000 to get registered on a share capital of 500,000, so the list goes and i think ventures and enterprices is about 9,000
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Seun (m)
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Ashiwaju, business name registration is what you mean by "ventures and enterprises". Where should I go if I want to register a business name? Are you involved in this business? Thanks!
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Ashiwaju (m)
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I only know the Cooperate Affairs in Lagos, i did mine there few years ago but i have a contact there or better still you can visit CAC Lagos Office @ the 4th floor,Elephant House, Alausa,Ikeja,Lagos,Nigeria. You ll be required to Pay N500 for name search.
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Seun (m)
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Ashiwaju, you mean I can just go to Corporate Affairs Commission tommorrow and they will just attend to me like that, no delay and no trouble? Is it that easy, or is there something more we need to know?
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hola2ng (m)
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I think you can register business names and or incorporation online at : http://www.cac.gov.ng/You don't even need to go to their offices anymore. Just do it online.
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delarontus (f)
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I register business names and companies but i'm not in Lagos. The online service is for lawyers only and its not even reliable because they have not set things right at their IT department.
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Seun (m)
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The online service is for lawyers only and its not even reliable because they have not set things right at their IT department. I'm so relieved to read this! For a moment, I thought I was no longer in Nigeria. Online registration is impossible!!
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Ashiwaju (m)
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@Seun
All you have to do is get to the Coporate affairs in Lagos at the afformentioned addresspick a form at the Ground floor UBA for five hundred. go back to 4th floor, get a form, fill the form and submit. you ll be required to come back after two weeks and its better to have a contact there, so you can save your time and make more calls to know when your name search is avilable and please note that you ll be required to pay or collect a name search form as many times as possible i.e if the name you search for is taken,You ll have to get anada form,look for a name perhaps mix names from your first and last names or somethingjust like you are creating your I.D on yahoo!
When your name search is out and your name is approved:::you ll be required to bring some documents depending on what your type of business is, for example if you intend to run a consultancy office, you ll need to demonstrate that you have gone through an acadamic Institution "territiary", they ll need a copy of this and a copy of that to complete your application for registration:::that takes anada two weeks or so and your share capital really matters!
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freelance (m)
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Thanx all for the tips. i would find time to go there next week and make the enquires.seun thanx. safe and wish you all the best. safe
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exago (m)
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Maybe this list of all the expected likely fees can help out, From name search to registration. You can also contact my friend (He is a lawyer, works on the Island). As par his charges I can't really comment cause you have to negotiate on your own. You can call Him on Ehis - 08056455474
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niyyie (m)
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The best thing to do is visit the nearest CAC office.
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babaife (m)
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CAC is no longer at UBA house, Marina but 26 Aje Street, sabo Yaba. i visted their office last week for the same purpose and was able to obtain this information.
regards
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tundeyoung
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My advice: try the law firm of Dare Aguda ( www.justicedareaguda.com). He specializes in Business Registration and he's a retired high court justice. I'd rather trust someone like him.
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