I want to state here that the amount you pay for business registration is a function of the type of incorporation you want i.e Enterprise, Venture, Limited, Holding etc. Enterprise and Venture are not so expensive. To register a business as limited company, you need a minimum of N1 Million share capital.

Thanks for the info. pls. what is the difference between registering a business name and registering / incorporating a company?

Registering a business name means you have incorporated your business. Which means Your business is now an Enterprise, Venture or Limited. Note you can only use one at a time. When registering a business, you must have your office with known address, you must also have your business Letter Head with Logo and your business official stamp. They are among the things that will be registered together. There is also a legal aspect of it, that's why sometimes you may need the service of a Lawyer because, some of the documents will be taken to Court for signing. One more thing, registering a Church, NGO, or cooperative society may not be the same as above, since they are not regarded as business, I think they have their own category.

This info is very useful but i hope to open one in the future thanks.

Don't be deceived, things have changed in CAC, you need professionals (Accredited Lawyer, Accountant or Chartered Secretary) to help you in registration especially for Limited.Even for business name individuals that think they could do it on their own later found out that they should have consulted or seek advise, seeing the stress and some times challenges faced.

Let's help you bear the burden
Pay 60% of the registration fee and complete 40% upon certificate collection
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regvilleassociates@yahoo.com 08065111667, 08155081809

Thanks for sharing.

am austine by name,i'm currently working at CAC corporate affairs commission alausa office. there are new resolutions at CAC concerning business or company registration. now as at feb. 2013, the formally N4000 official fee for business registration form is now N10,000 and can only be filled by the owner of the business with the prove of ownership to show you are the owner or by accreditated lawyer or accreditated chartered accountants. for incorporation, you must be accreditated as a lawyer or chartered accountant to be able to register company under incorporation as well as trustees. contact your lawyer for more info, or you can call me for more 07064960766

Hello Nairalanders!,

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For current procedures on how to register your business in Nigerian, read the step-by-step guide here http://fertilenigeria..com/2013/08/how-to-register-your-business-in.html

Do you know that PENDOK is a corporate consultancy firm with CAC accreditation. We can assist you with all corporate concerns from proposed business names, limited liability companies, non government association and their alterations etc. Having assisted over 100 clients in Nigeria and diaspora with our CITS model ( Consultancy, Incorporation, Taxation and Service). We also assist our clients with FIRS TIN, EFCC SCUML, Corporate concerns (Annual returns, appointment of directors, increase in share capital, allotments etc). Visit us today on www.pendok.com, via email at inquiries@pendok.com or call 08107804290.

I'll like to update the business description of a business name i registered 17months ago,i want to include general merchandise.Any advice on how i can do than..........Then i'll also like to get a tin number as it now being requred to open a corporate account,hope 17months after registration wont attract any big money;let me chip it in that iv not even commenced operation at all,Thanks

Very simple, since you have not commence operation, then its no problem, annual returns are only meant for companies that have started operation, however, tin is free in all FIRS offices, what you have to get is a seal.

Like somebody mentioned on this post.Things have actually changed in CAC,But in case of assistance in registering business name,incorporating company(Express and Fast),Incorporated Trustees i.e Church,NGO etc consult me.Am based in Abuja... +2348035706725

Like somebody mentioned on this post.Things have actually changed in CAC,But in case of assistance in registering business name,incorporating company(Express and Fast),Incorporated Trustees i.e Church,NGO etc consult me.Am based in Abuja... +2348035706725. Am also a moderator on Nairaland phone section

Get your business registered online at http://www.NigeriaFormations.com. They backup your documents in the cloud

Do you have concerns about incorporating that proposed name you love, why not contact PENDOK? A CAC accreditated corporate consultancy firm who has assisted over 100 clients in Nigeria and diaspora in the incorporation of their business name, limited liability companies, NGOs etc. With our consultancy, incorporation, taxation and services model, we serve you better with fast delivery at affordable costs. Services ranging from corporate concerns, corporate audits, opening bank account.Visit us on www.pendok.com,via email at inquiries@pendok.com or call 08107804290.

Hi,

U guys have really spoken well.
I have a few questions here that require urgent professional reply.
I want to register a biz name, have a tin and open a sole proprietor account with a bank where I can save money till I'm ready to start operations....
The questions are:
1) The CAC certificate will have a commencement date, does this date have any negative effect in terms of tax assessment since I'm not operating?
2) Is a business name taxed by FIRS or State internal board of revenue?
3) The CAC reg form has a space for commencement date. Should I leave that space blank?

Many thanks as any one provide advices for me

Rex

BUSINESS NAME REGISTRATION/INCORPORATION WITH CAC NIGERIA MADE EASY! LET'S SAVE YOU THE STRESS!!!
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[quote author=mrinfo]You can get your business incorporated with about 45,000 naira only if you intend to have not more than 100,000 naira share capital. The actual price for incorporation varies based on the amount fo share capital you wish to register. You can email me thru info[a]nairabrains.com for help.[/quote

Hello Mrinfo,
I must commend you for your good work.
Please I would love to know how and what it takes to incorporate a business in Nigeria and how long it takes from start to finish.
However, I would also want to know the advantage of incorporating a business over mere business name registration?
Thanks for your response.
Best Regards.

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hi guys, pls i just need a step by step process on how to write a company or business profile.

sympathy55: hi guys, pls i just need a step by step process on how to write a company or business profile.

Its bin long boss, ope all is well sir

@ cashmentors changing a business name to NGO, I will advice you start a new registration and optain a trustee form, but you will need the help of a accredited lawyer, chartered accountand, chartered secretary to do that. You can't do it on your own. Then @NiaLong it depend where you stoped, a name is approved and reserved for 60days, so if is not more than 60days, the documents are still valid, but if it has expired, you will need to revalidate. For more info. You can contact me 07064960766m you can still visit us at CAC alausa office plot7 jobi fele way

PENDOK is a corporate consultancy firm (which embodies professional chartered secretaries and legal practitioners) with accreditation from the Corporate Affairs Commission, an agency of the Ministry of Trade, Industry and Investment with full litigation by CAMA to incorporate all business entities (i.e. Business Names, Limited Liability Companies, Non Government Organisation, Group of Company and its alterations concern). We serve you better with our CITS model; Consultancy, Incorporation, Taxation and Services. Having assisted over 100 clients in Nigeria and diaspora with different corporate concerns at affordable cost with fast delivery of certificate. We will also assist you with ur Company Seal, FIRS TIN, EFCC SCUML and all thats needed for corporate account at moderate cost and fast delivery. Why not visit www.pendok.com, email us at inquiries@pendok.com or call 08107804290.

The complete step by step guide to help you register your business name can be downloaded at http://companyregguide.com/nameregsecrets/

The complete step by step process to help you register your limited liability company with the CAC in is available at www.companyregguide.com
You dont need to meet a lawyer to do it for you, you can do it yourself

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