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You Go Explain Tired, Better Join The Register Team - Business - Nairaland

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You Go Explain Tired, Better Join The Register Team by OgidanDeborah10(f): 12:53pm On Jan 20
Dear business owners

Failing to register your business with the Corporate Affairs Commission poses severe evidential and legal risks. Without registration certificates and licenses from CAC, you have no official documentation to prove the existence or ownership of your business in the eyes of the law and business opportunities

This makes you vulnerable in several ways:

1) You cannot legally enforce contracts or transactions tied to the business since it is not an registered entity. This leaves you with little recourse in disputes.

2) You cannot open corporate bank accounts or access loans/credit lines offered only to registered businesses. This greatly limits financing options.

3) The government can levy penalties or even dissolve the unofficial venture. You have no regulatory protections otherwise.

4) Competitors can legally use your current business name and branding without repercussions since your intellectual property rights are unofficial.

In essence, lack of CAC registration invalidates your years of hard work building the business by erasing crucial legal proof and protections for its operations and assets. It is a crippling risk and liability for ambitious entrepreneurs in Nigeria seeking to grow.

Therefore, we don't want for you explanation without evidence

Contact us today let help you with proper structure and credibility your business need

Message | call | Whatsapp 08179368108179368138

Re: You Go Explain Tired, Better Join The Register Team by Powerbando(f): 1:10pm On Jan 20
OgidanDeborah10:
Dear business owners

Failing to register your business with the Corporate Affairs Commission poses severe evidential and legal risks. Without registration certificates and licenses from CAC, you have no official documentation to prove the existence or ownership of your business in the eyes of the law and business opportunities

This makes you vulnerable in several ways:

1) You cannot legally enforce contracts or transactions tied to the business since it is not an registered entity. This leaves you with little recourse in disputes.

2) You cannot open corporate bank accounts or access loans/credit lines offered only to registered businesses. This greatly limits financing options.

3) The government can levy penalties or even dissolve the unofficial venture. You have no regulatory protections otherwise.

4) Competitors can legally use your current business name and branding without repercussions since your intellectual property rights are unofficial.

In essence, lack of CAC registration invalidates your years of hard work building the business by erasing crucial legal proof and protections for its operations and assets. It is a crippling risk and liability for ambitious entrepreneurs in Nigeria seeking to grow.

Therefore, we don't want for you explanation without evidence

Contact us today let help you with proper structure and credibility your business need

Message | call | Whatsapp 08179368108179368138



Mumu man and his business registration nonsense
Re: You Go Explain Tired, Better Join The Register Team by OgidanDeborah10(f): 11:29am On Jan 22
Powerbando:




Mumu man and his business registration nonsense
oga shine face oo, do we have any issues b4, abi we don tak about registration b4, maybe am not the one u are referring to

(1) (Reply)

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