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How Much Do I Need To Register A Business Name With CAC? - Business (6) - Nairaland

Nairaland Forum / Nairaland / General / Business / How Much Do I Need To Register A Business Name With CAC? (46292 Views)

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Re: How Much Do I Need To Register A Business Name With CAC? by kolagbemi(m): 2:19pm On Sep 01, 2020
realhovaps:





Was yours an LLC?
how much would it cost to register an LLC ?

LLC=LTD.

LLC is a US version of LTD.... which both means a Limited Liability Company.

Mine wasn't an LLC, you are advice to make use of the service of a lawyer for an LLC.

Only an Unlimited Liability Company can be registered as a business name....this are Sole Proprietorship(one man business) or partnership.

Mine was just an ordinary Business name registration
Re: How Much Do I Need To Register A Business Name With CAC? by Kobicove(m): 2:21pm On Sep 01, 2020
richybanky:


Thanks for this information.. It is going to 2 weeks that I registered my business and the certificate is not yet approved. Please what do you think that is causing the delay because I didn't upload anything like certificate of competence in the field of area that I will be operating the business.

God bless u.

Log into your account and confirm that there is no query which you need to attend to...you can't proceed unless you resolve all pending issues they have raised.

Certificate of competency could be your Bsc cert or any other qualification you have. It was required when I did my business name registration about 3 years ago but I understand it's no longer required now
Re: How Much Do I Need To Register A Business Name With CAC? by IRIENBOY(m): 2:35pm On Sep 01, 2020
Nice
Re: How Much Do I Need To Register A Business Name With CAC? by dicksonohm(m): 2:52pm On Sep 01, 2020
₦10,500, Commissioner of oath's fee exclusive
Skales4ll:
Please help me out. I need to know how much I should budget for the whole process of registering a business name with CAC
Re: How Much Do I Need To Register A Business Name With CAC? by BREYZ: 2:58pm On Sep 01, 2020
nencounter10:



Somebody already gave detailed information above.


It is straight forward. A two step process. You first do a name seach for three different names at N700 naira to find out if
one or more of the names have not already been registered by someone else. That is called name search.

If the name search is successful , you then proceed to register a successfully searched name( name not already registered by someone else). Register at on of name cost about N10,000.


Let him just follow the detailed instructions already given by someone above

Let him follow then
Re: How Much Do I Need To Register A Business Name With CAC? by Ashirioluwa: 3:03pm On Sep 01, 2020
Skales4ll:
Please help me out. I need to know how much I should budget for the whole process of registering a business name with CAC

For limited liability company

You can do it yourself with less than 20k. This will depend on the company share capital. Use less share capital to pay less money e.g 1 million or under.

Go to CAC website @ cac.gov.ng to do a name search. The name search will cost you 500 naira plus fee.

After name approval then

You will prepare your memorandum and article of association. You can as well use the default article of associations.

You will submit your documents. This will take you to payment section.

Payment for the company and stamp duty.

Note: there is a section which need to be notarized. Skip that section, CAC will do the notarization for you for 500 naira.

After all these you will need to upload the documents.

You will need ID of all the directors/ shareholders (passport or driver’s license)

You can also check CAC website for the steps for company formation
Re: How Much Do I Need To Register A Business Name With CAC? by BREYZ: 3:04pm On Sep 01, 2020
[quote author=petitoni post=93459653][/quote]

Hello madam. Sometimes you need to get more about things before quoting people. I bet you dont know the recent directive issued by CAC Last week. I am not saying the person can't do it by himself, all i am saying is you need proper guidance whether u have the requirements or not u need to be guided properly. Its not even the issue of third party, I guess u never read where I said I will guide anybody for free. I am not after your money ma, I am only after helping people to do their business name Reg without unnecessary queries and stress.

Also, you can't do all CAC Registrations yourself. You can only do that of business name Registration yourself as a proprietor but if you must do a company registration you must be accredited unless you are allowed to act as a director if not, accreditation is neccessary and u must do that only if you are a Lawyer.

Gracias!

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by fr3do(m): 3:05pm On Sep 01, 2020
Skales4ll:


Unfortunately, I base in Delta but i will be in Edo this week. Thank you for the explanation. It was really helpful

there is a CAC office on DBS road, Asaba.
Re: How Much Do I Need To Register A Business Name With CAC? by Cashalhaji: 3:05pm On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

God bless u
Re: How Much Do I Need To Register A Business Name With CAC? by BREYZ: 3:07pm On Sep 01, 2020
petitoni:



I did mine myself in the comfort of my home.. My certificate is with me... No third party.. Nothing nothing..

Please poster be careful of those people saying you need third party, they are scammers, they only want to make money out of you..
Fact! �

You get serious problem. Who and who are scammers here? Can you just stop calling people names? Whether you are literate or not theres no way you will tell me you didn't ask people questions. Stop this unnecessary lies.
Re: How Much Do I Need To Register A Business Name With CAC? by Jacku: 3:10pm On Sep 01, 2020
Skales4ll:


Please how do I go about doing it myself? Must I go to Abuja to do it?
If you're still interested, I can help you out.
Re: How Much Do I Need To Register A Business Name With CAC? by BREYZ: 3:10pm On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

Also tell him to select Lagos island office opposite city hall, if he resides on Lagos island. Alausa is far.

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by Kezifils(m): 3:11pm On Sep 01, 2020
I hear Enterprise and Limited. Anyone knw the difference btw the two?
Re: How Much Do I Need To Register A Business Name With CAC? by BREYZ: 3:12pm On Sep 01, 2020
Ashirioluwa:


For limited liability company

You can do it yourself with less than 20k. This will depend on the company share capital. Use less share capital to pay less money e.g 1 million or under.

Go to CAC website @ cac.gov.ng to do a name search. The name search will cost you 500 naira plus fee.

After name approval then

You will prepare your memorandum and article of association. You can as well use the default article of associations.

You will submit your documents. This will take you to payment section.

Payment for the company and stamp duty.

Note: there is a section which need to be notarized. Skip that section, CAC will do the notarization for you for 500 naira.

After all these you will need to upload the documents.

You will need ID of all the directors/ shareholders (passport or driver’s license)

You can also check CAC website for the steps for company formation

He requested for business name Registration not company registration. Don't confuse the young man.
Also, you can't register your company yourself unless you are accredited or you are to act as one of the Directors. Thank you.

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by jacoik(m): 3:29pm On Sep 01, 2020
muller101:
Visit their site and start the registration. If you don't have NIN you need to register for that first.
give me the site please
Re: How Much Do I Need To Register A Business Name With CAC? by Ezmans: 3:33pm On Sep 01, 2020
Skales4ll:
Please help me out. I need to know how much I should budget for the whole process of registering a business name with CAC
10,000 naira only
Re: How Much Do I Need To Register A Business Name With CAC? by Ezmans: 3:37pm On Sep 01, 2020
Skales4ll:


Please how do I go about doing it myself? Must I go to Abuja to do it?
check any cac zonal office and do it by your self, only two passport
Re: How Much Do I Need To Register A Business Name With CAC? by muller101(m): 3:41pm On Sep 01, 2020
jacoik:
give me the site please
I might get baned. just use Google and search for their site.
Re: How Much Do I Need To Register A Business Name With CAC? by omojacobu25: 3:48pm On Sep 01, 2020
Who can assist me with cac registration. Am willing to pay.
Re: How Much Do I Need To Register A Business Name With CAC? by Unrated900(m): 3:53pm On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration




How I wish the president can highlight his promises for Nigerians and accomplish it,
Just as you have explained to this gentle man

Then Nigeria would have been a better place.
Re: How Much Do I Need To Register A Business Name With CAC? by zigziggy(m): 3:55pm On Sep 01, 2020
AdamsAbubakar:


So you didn't like travel to any head office?
no,I didn't traveled to anywhere,only when my certificate was ready I went to VI to collect my certificates and am good.
Re: How Much Do I Need To Register A Business Name With CAC? by jacoik(m): 3:59pm On Sep 01, 2020
muller101:
I might get baned. just use Google and search for their site.
which site should I search na
Re: How Much Do I Need To Register A Business Name With CAC? by muller101(m): 4:03pm On Sep 01, 2020
jacoik:
which site should I search na
services.cac.gov.ng
Re: How Much Do I Need To Register A Business Name With CAC? by Moyenii(f): 4:06pm On Sep 01, 2020
Hello. I am a lawyer ad a CAC accredited agent. Pls send a DM as regards your business name registration
hartson:
I intended registering a business but I normally feel reluctant cos I thought it runs into hundreds of thousands. I will swing into action right now.Tho many contributions here are quite confusing some suggested engaging a lawyer while some said DIY approach which one will I rely on now?
Re: How Much Do I Need To Register A Business Name With CAC? by Moyenii(f): 4:08pm On Sep 01, 2020
Hello. I am a lawyer and an accredited CAC agent and so can efficiently help out in that regard. Pls send a DM. Thanks
omojacobu25:
Who can assist me with cac registration. Am willing to pay.
Re: How Much Do I Need To Register A Business Name With CAC? by zigziggy(m): 4:09pm On Sep 01, 2020
muller101:
services.cac.gov.ng
1000% all correct �
Re: How Much Do I Need To Register A Business Name With CAC? by Ttorp(m): 4:13pm On Sep 01, 2020
Very helpful
Re: How Much Do I Need To Register A Business Name With CAC? by coolangel54(f): 4:26pm On Sep 01, 2020
Following
Re: How Much Do I Need To Register A Business Name With CAC? by eLionel(m): 4:31pm On Sep 01, 2020
N20,000 cool
I did mine last week in Abuja HQ
You don’t need any agent.
I have the CAC staff contact that did it for me.
Re: How Much Do I Need To Register A Business Name With CAC? by MrsAnyanwu(f): 4:47pm On Sep 01, 2020
10,500
Re: How Much Do I Need To Register A Business Name With CAC? by koolguy88(m): 4:48pm On Sep 01, 2020
I will do it for N10,820=

Just buy me lunch which is N300.

Check my signature
Re: How Much Do I Need To Register A Business Name With CAC? by IYANGBALI: 4:48pm On Sep 01, 2020
Gantofi:
Isn't it better to shut your mouth and learn instead of posting rubbish
You need nothing less than 500k

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