Drunk:
Their Searches are all automated mate...please check your facts well.

gisoj:
To open a bank account with your business name you need to get to Federal inland revenue service close to your address and apply for Tax identification number(TIN)then go to a bank of your choice. Without the TIN you cannot open a bank account. Other requirements to open the account include your business name certificate plus the form attached to it, money, your information etc.

byrron: I still paid #500 naira yesterday at CAC's office in owerri for a business name availability and i was asked to check by next week Friday and i asked if they can check it right away but they said no that i should check by next week Friday.
they may be automated but i wonder why subjecting me to repeat a visit by Friday just to know if the name is available when they can easily do that at the spot after all i have paid them for that purpose and i don't reside in that state just came for a training so i have to send some1 to go there by Friday again.

if they are automated then why taking delight in stressing Nigerians?

Drunk:
It's advisable to get the TIN like you mentioned but most banks don't have that as a major requirement to have an account opened with a Business Name. Basically, they might request for Certificates, ID's, utility bill and proof of business location

Drunk:
My brother, that is the Nigerian factor of most of our government owned/run organization. Normally the search can be done almost "immediately" that's if the network connectivity is in top speed and if not, it might take couple of hours. However, most times some people are just too lazy at doing the job they are being paid for to do because it's just a single search and would want to accumulate the search requests and have them all done at once. That is the reason for their 1 week duration. Be observant of the the print out copy of confirmation of availability they would give you, you would notice at the bottom and top of the page that it was printed from an online web application. Talking about cost, shouldn't search be N200? Well, maybe it's being reviewed upwards.

ICEBREAKERS: Must I use money to open a business acct?

Afam4eva: It's not easy to come up with a name. I used to think it was. I've been trying to get a good name for my business for almost two months now but to no avail. Are there professionals who do these things

Afam4eva:
I'm into technology products eg Web services, inventions etc.

I want a name that's not common but that means something positive. Preferably, a 2 syllable name. I was searching for the name of an animal or plant that has a unique feature that i can use. I don't just want to go for any name but a name that can easily be remembered and will sell itself else i would have joined by Alaba brothers in the way they name their business eg Chymmex enterprises.

temisafety: How Can You Prevent your chosen business name from being reallocated by the CAC?


I'm almost certain the people at Corporate Affairs Commission are being fraudulent with good/brandable names during name search. In the most recent experience I had with them,
1. We submitted 4 names for search.
2. They claimed 3 were not available but that the 4th one was.
3. We completed different documentations to complete the registration process.
4. CAC gave the go-ahead to publish the organization on a national newspaper and we published.
5. After some months (long after the publication), they told us that that name was no longer available and that we must find another name or add some word to the already approved and published one.
It's disheartening because we worked so had to come up with the names. Besides, we were only expecting to be informed that the registration had been completed after passing the name search stage.
My question is, how can you prevent CAC people from stealing a valuable/brandable name?

Afam4eva:
I'm into technology products eg Web services, inventions etc.

I want a name that's not common but that means something positive. Preferably, a 2 syllable name. I was searching for the name of an animal or plant that has a unique feature that i can use. I don't just want to go for any name but a name that can easily be remembered and will sell itself else i would have joined by Alaba brothers in the way they name their business eg Chymmex enterprises.

Denn:

no. i think some banks now accept sand and cement to open accounts...be on the lookout pal

Drunk:
Their Searches are all automated mate...please check your facts well.

free2ryhme:


guy u are wrong .. CAC charge N200 for search and they know they make money thru this dat is y dey wont automate there coy name search

Afam4eva:
I'm into technology products eg Web services, inventions etc.

I want a name that's not common but that means something positive. Preferably, a 2 syllable name. I was searching for the name of an animal or plant that has a unique feature that i can use. I don't just want to go for any name but a name that can easily be remembered and will sell itself else i would have joined by Alaba brothers in the way they name their business eg Chymmex enterprises.

Matthew briggs:

I was once in your shoes trying to come up with a name that is cool and also has the domain name still available.
Out of experience, one good way of coming up with a cool name is by understanding and outlining your vision. Next look for words or gorup of words that when they come together they connect with the vision you have for your company. You can use a combination of languages English, french, Greek, spanish etc. bottom line it should sound hip and cool.

For example i perceive you want to go into web and inventing stuff, what do you think of the name "Code-Synergy Inc."

#Matthew briggs.

CVHP: Can anyone be kind enough to tell me how much to register a Limited Liability Company with CAC would cost?

temisafety: How Can You Prevent your chosen business name from being reallocated by the CAC? CAC approves a name and leaves you with a maximum of 60 days validity period to get the name registered. Within that 60 days you can use at most use 12 days to get the signatures of the Directors and the shareholders or in a nutshell tidy the required incorporation documents as required, do the stamp duty, verify, do the valuation, do the proper filing and get your certificate.In event that u were unable to file before the expiration of the 60 days validity period for the availability of the approved name; then u can apply for the revalidation of the expired name, which if comes out. approved then u are lucky. A million nominal share capital can be registered with 60k with us: Contacts 08035423013.




I'm almost certain the people at Corporate Affairs Commission are being fraudulent with good/brandable names during name search. In the most recent experience I had with them,
1. We submitted 4 names for search.
2. They claimed 3 were not available but that the 4th one was.
3. We completed different documentations to complete the registration process.
4. CAC gave the go-ahead to publish the organization on a national newspaper and we published.
5. After some months (long after the publication), they told us that that name was no longer available and that we must find another name or add some word to the already approved and published one.
It's disheartening because we worked so had to come up with the names. Besides, we were only expecting to be informed that the registration had been completed after passing the name search stage.
My question is, how can you prevent CAC people from stealing a valuable/brandable name?

emmatok:

Though they charge N200, but it is automated.

I did my search within 24hours.
That is not possible without automation.

ICEBREAKERS: Must I use money to open a business acct?

optionb2: [b][/b][color=#000000][/color]
pls i need your aid on this issue am having,i ve a small business which am planning to lunch at the end of this month but presently i dont ve cash for CAC registration,also bear in mind that i will be receiving cheque and cash from people as a means of payment for the services i am going to be rendered,so since am yet to register the coy let alone of opening a company bank acct but i ve a current account which i opened with my name,i want to know if i can proceed with the bis using that account as a means of collecting cheque and for the service which we re going to be rendered

nenepea:

I want a name that's not common but that means something positive. Preferably, a 2 syllable name. I was searching for the name of an animal or plant that has a unique feature that i can use. I don't just want to go for any name but a name that can easily be remembered and will sell itself else i would have joined by Alaba brothers in the way they name their business eg Chymmex enterprises.Well! I had suggest u try Afam4evaDrunk enterprises/Limited. Very unique

free2ryhme:

guy anytin is possible when u go thru the back door and grease some palms

ICEBREAKERS: Must I use money to open a business acct?