Do you own a company or are you thinking of establishing one?

Then you should consider registering your company.

Registering your Company adds more trust and credibility to your profile. It also protects your Company name and provides legal backing for your business.

The Corporate Affairs Commission (CAC) of Nigeria is saddled with the responsibility of registering Companies in Nigeria. The CAC was established by the Companies and Allied matters act, which was promulgated in 1990 to regulate the formation and management of Companies in Nigeria.


REQUIREMENTS FOR COMPANY REGISTRATION

A company is a corporate structure with separate legal personality status. It is statutorily regulated and incorporated for the purpose of profit maximization. All companies, whether a private company limited by shares, private unlimited or a company limited by guarantee must be registered in accordance with the Companies and Allied Matters Act (CAMA), which is the principal law that regulates companies in Nigeria. The requirements for registering a company in Nigeria are straightforward with no intricacies.


The commission in charge of the regulation and supervision of the registration and companies is the Corporate Affairs Commission (CAC) established pursuant to the provisions of CAMA. In one of our previous articles, we explained a step by step guide for company registration, but we shall briefly highlight the basic requirements for an incorporation of a limited liability company here.


It should be noted that the minimum number of persons required to form a private limited liability company is two (2), with the age capacity not less than 18 years. The only exception for a person less than 18 years to register a company is where there are two or more adults involved in the formation of the company.

In the link below you will find a step by step process on how to register a Company in Nigeria

https://rimakitfreelanceblog.quora.com/How-to-register-a-company-in-Nigeria-with-CAC?ch=10&share=0ec6cb9b&srid=usToh