happy Christmas and a prosperous new year in advance, we are still celebrating this season but by next year we should be back to business,if you don't have a business name or you want to! Register a business name in Nigeria
This post will walk you through how to register a business name in Nigeria with the CAC. It’s a much simpler process when compared the Nigerian company registration process for private limited companies.
Step 1: Name Availability Search
This is the first step in the business name registration process. This will let you know if your desired business name is available. This is always the first step when registering any kind of company or organisation in Nigeria.
Please not that certain words are not allowed when registering a Business Name / Enterprise such as but not limited to:
“Group”
“LTD” or “Limited”
“Investment”
Step 2: Business Name Application
In this document, you will list the nature of the business and the address of the business. You will also write down the owners of the business name.
Proprietors of a Business Name
Anyone can be a proprietor or owner of a business name. Even you!
Underage Owner
Any company or individual can be an owner of a business name. Even underage people can own a business name, however this requires special permission. If the owner is a minor, the CAC asks for an attestation from a magistrate, legal practitioner, or a police officer of a certain rank.
Company as an Owner
A company can also own a Business Name. In this case, the CAC asks for an attestation from the company director or company secretary.
Mixed Ownership
Owners of a business name can be a mix of individuals and companies.
Step 3: Filing
Once you’ve completed the Business Name Application. It costs 10,000 naira to file at the Corporate Affairs Commission. No stamp duty is required.
Registering a business name, requires having a valid, nationally recognised form of identification such as a: passport, driver’s license, permanent voter’s card, or a national ID card. These can sometimes take months to obtain. So if you’re in a hurry, they may accept a declaration of age. You can whatsapp me for registration!
@ 09057359154
# businessname # businessregistration
# companyregistration # legaforms # business #companyregistration #businessregistration
# CAC # nigeria