How To Register A Business Name In Nigeria Pdf
It would take several days and a lot of paperwork to get it sorted. The reason for this is not far fetched.
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How to register a business name in nigeria pdf. Choose a Business Name. The steps for company registration in Nigeria include. SELECT AND RESERVE A NAME.
The proposed Name of the Business at least 2 names for availability sake. One person to register as a sole proprietor or a maximum of two people to register as a partnership are required for a business name to be registered. 1 How much does it cost to register a business name in Nigeria in 2020.
PUBLIC NOTICE ON COURIER FEES. Requirements for Registering a Business Name in Nigeria. Explaining the steps involved in registering a Business Name in Nigeria.
There are many benefits and detriments to registering a business name as opposed to an incorporated company and you can read about it in more detail here Limited Liability v Business Name. The first step is to decide on the name you want to register your business with the process is done online. Choose and Reserve a Name The first step is to decide on what name to use to register your business the.
Now registration is end-to-end on the COMPANY REGISTRATION PORTAL CRP with electronic Certificate of Registration. Business Names are cheaper to register. 2 What are the requirements for registering a business name in Nigeria.
Means of identification Drivers license National ID card or others Debit card. 31 Step 1 Perform a Search to check If your Business name is available. Business name registration is faster.
32 Step 2 Reserve Your Business Name. The cost of business name registration in Nigeria. Operations Checklists July 2020.
The first step to registering your business in Nigeria is to confirm if its available for use. This is because of lesser documentation that is needed during registration and no stamp duties charge as well. Check for availability of the Business Name click here.
Pay for a filing fee. You will apply to the Corporate Affairs Commission CAC and suggest two alternate names for your business. Registering your business name with the Corporate Affairs Commission CAC of Nigeria has a lot of benefits and that makes it very important for you to know how to register your company yourself.
The first major step during incorporation of a company online with CAC is by filing for a name reservation online. Here are the requirements for registering a business name in Nigeria. CAC was launched in line with the Companies and Allied Matters Act CAMA promulgated in 1990 and amended in 2020.
Meaning it has not been registered as a business. Its no longer that hard to register a business name in Nigeria. Choose a business name and check for the availability.
Procedures for onlineCourier submission of Applications. The following are the steps to register a business in Nigeria. So if you havent registered your business you can log on to httpswwwcacgovngwp-contentuploads202010LIST-OF-AGGREGATORS-AND-STATE-FOCAL-PERSONS-FOR-THE-FREE-250pdf then access the contact of Aggregator for your location and.
PUBLIC NOTICE ON THE NEW SERVICE DELIVERY FRAMEWORK. There is a free search tool that you can use to check the name availability of your business. The CAC official filing fee for the registration of business name in Nigeria is N10000 Ten Thousand Naira Only.
It does not confer any special right or privilege or licence to carry on the business itself. This step is necessary as it helps to reserve the proposed company name. How long does it take to register a business name in Nigeria.
The registration of the business names in Nigeria has been simplified by the Corporate Affairs Commission CAC of Nigeria. Registration steps for Business Names. Requirements to register a Business Name in Nigeria.
3 Steps on How to register a business name in Nigeria online. All you need to know about registering an Incorporated Trustees. You cannot be allowed to register a business name that has already been registered with the CAC or a business name that is similar to an already registered business name as this will lead to chaos.
With the introduction of CAC Nigeria website one can now easily carry out business name registration in Nigeria via the online portal. Business Name Registration Requirements. To register a business name in Nigeria the following are the steps to take.
The registration of business name under the Companies and Allied Matters Act of 1990 confers on the proprietor or partners the right to carry out their business under a Business Name. A valid means of Identification Driver License National ID or International Passport Full Names and Bio-Data of the Owner of the Business. How to Register a Business in Nigeria.
Generally with a budget of N20000 or less you can get this done without sweat. The registration for the FGCAC Free Business Names Registration for MSMEs begins today Monday 19th 2020. Personal Identification documents of the registering individuals.
Here are the steps to register a business name with CAC. To begin this process you need to visit the CAC website. If the applicant provides all the required information it takes just within 48 hours to register a business name in Nigeria.
Complete your pre-registration form to register a business name. Read more about name reservation and Reserve a new Name click here Complete pre-registration form CAC-BNo1 and upload relevant registration documents Online using Company Registration Portal Pay filing fee Check the Fees for our Services here.
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