1. Duly register the company at the Corporate Affairs Commission (CAC).
2. Register with the Federal Inland Revenue Service (FIRS) of the Ministry of Finance for Corporate Income Tax and VAT
3. Register for Personal Income Tax (PAYE) at the State Tax Office.
4. Register at the Special Control Unit against Money Laundering (SCUML) department of the Economic and Financial Crimes Commission (EFCC).
5. For placement of signage/billboard within your business premises, register with the signage administration agency in your state.

Nairalanders, any addition or subtraction? Or are there addition requirements in your own state?

But SCUML doesn't cover all businesses

henrijin: But SCUML doesn't cover all businesses

SCUML is for DFIs (designated non-financial institutions).

Which Businesses And Professions Are Currently Being Regulated By SCUML?

Ans:

Dealers in Jewelries , Dealers in Luxury Goods, Chartered/Professional Accountants, Audit Firms, Tax Consultants, Clearing and Settlement Companies, Legal Practitioners, Trust and Company Service Providers. Estate Surveyors and Valuers, Hotels and Hospitality industry, Dealers and Miners of Precious Stones and Metals, Pool Betting, Casino and Lottery, Supermarkets,Non-Governmental Organizations, Consultants and Consulting companies, Construction Companies, Estate Agents, Dealers in Real Estate, Importers and Dealers in cars and vehicles Dealers in Mechanized farming equipment and machinery. Practitioners of mechanized farming and any other business(es) as may be designated from time to time by the Federal Ministry of Trade and Investment or SCUML.

Visit the scuml website scuml(dot)org