Related Posts Plugin for WordPress, Blogger...

10 August 2013

on 15 comments

How to Register your Business in Nigeria - A Step-by-step Guide



This post is published in detail by the same author at infoGuideNigeria.com. I had to summarize it here because of its relevancy to the targeted audience.
 
Do you have a business or want to establish one? Consider registering your business name today with the Nigerian Corporate Affairs Commission. You can register your business name in Nigeria with or without a Lawyer. Just follow the instructions below. After registration, your business becomes your sole property. Your registered business name is one of your most important business
assets and automatically there is a trademark protection to the business in the state and federal level. No other person will be allowed to use your business name for any commercial transaction without your direct or indirect consent.  The process of business name registration is very simple and straight forward.

How to Register a Business Name in Nigeria
  1. Choose your business name: Take your time and be sure that your business name is highly related to the product you want to produce/sale and/or services you want to render. Choose your business name wisely. Read on How to Name Your Business
  2. Visit Corporate Affairs Commission (CAC): At the CAC, you will be given a business name search form (Form008). This form is used to search for business name availability. Fill in the form appropriately and submit it. Payment of filling fees at the corporate affairs commission at the time of writing this article is N500.  This form acts as an application for business name registration and should clearly state the business name that you intend to register.
  3. Visit Corporate Affairs Commission (CAC) after some days: business name search usually takes about a week. If your business name is not available you repeat step 1-3. If your proposed business is available, Collect another form called Registration of Business Name (Form001), fill it and proceed to payment of the registration fee which at this time cost N10, 000 only. Upon payment of the registration fee, collect affidavit/attestation form and proceed to the any magistrate court nearer to you for endorsement by the court magistrate. Here you will pay N250 only as court fees.
  4. Collect your business name certificate of registration. You are done with business name registration in Nigeria. You can then think about incorporating it to either Ltd or PLC.
This article was written based on experience from the writer. I hope it will be very useful to you. Should you have any comment, questions or feedback, please share with us. We will be glad to hear from you. We usually publish leading articles that can help you discover hidden opportunities in Nigeria. Consider subscribing to our newsletter to receive our fresh post once we publish.

Please read the new process on how to register a business name in Nigeria here

From the Same Author:
  1. Reasons Why You Should Participate in the Nigerian Oil and Gas industry
  2. How to Get Tax Clearance Certificate for your Company inNigeria
  3. How to Register Vehicle in Nigeria – A Step-by-step Vehicle Registration Guide to Obtain a Number Plate
  4. How to Get a New Drivers License in Nigeria
  5. How to Get Tax Clearance Certificate for your Company in Nigeria
  6. How to Get Taxpayer’s Identification Number, TIN, in Nigeria 

Get free daily email updates!

Follow us!

15 comments:

  1. Lovely write up, quite informative. But for those who do not have the time to go through this process, they can employ the service of a lawyer.

    Www.sisiekomi.blogspot.com

    ReplyDelete
    Replies
    1. So to have a business of any significant size, you have to be registered, right? I've been thinking over making my own business, so this is really useful information.

      Anita Mas | http://www.quickcompanies.com.au

      Delete
  2. I have a business and need to register it at business incorporation. The price is $499.00 for an instant registration. There's a 30 day waiting period if I register for free. Where can I find similar sites to register without paying anything and not have to put up with the waiting game?

    ReplyDelete
  3. Its really a nice and informative post you have shared, which is knowledgeable and help us to register our online business. As we are also working with online business directory in Nigeria.

    Lastprice.com

    ReplyDelete
  4. Good

    Also read relates topic on: How to Register your company in Nigeria

    http://www.onlinedailys.com/register-company-nigeria-guidelines/

    ReplyDelete
  5. Nice article. It was helpful.

    www.OnlineDailys.com

    ReplyDelete
  6. Thanks for the nice and informative post. I've been trying to get my business registered, but I wasn't quite sure how to go about it. From what you've said I'm not too worried about it, I just hope I don't run into any problems along the way.
    http://www.registryunlimited.com/corporate_registry.html

    ReplyDelete
  7. Thanks for sharing! When you register your business in Nigeria, there are a lot of benefits that come with it. The earlier, the better.

    ReplyDelete
  8. In order to understand our selves, we must first understand businesses in Nigeria. There are many factors which influenced the development of businesses in Nigeria. Though businesses in Nigeria is a favorite topic of discussion amongst monarchs, presidents and dictators, several of today’s most brilliant minds seem incapable of recognizing its increasing relevance to understanding future generations.

    ReplyDelete
  9. Let us commence a journey into the much travelled topic of companies in Nigeria, . In depth analysis of companies in Nigeria, can be an enriching experience. While it is becoming a hot topic for debate, it is important to remember that ‘what goes up must come down.’ Inevitably companies in Nigeria, is often misunderstood by socialists, obviously

    ReplyDelete
  10. Very nice post, I get register Business in Nigeria - A Step-by-step Guide.

    Thanks for this post...

    ReplyDelete
  11. To delve deeply into Offshore Company Formation is an exciting adventure. Many an afternoon has been enjoyed by a family, bonding over the discussion of Offshore Company Formation. Until recently considered taboo amongst polite society, it is impossible to overestimate its impact on modern thought. It is an unfortunate consequence of our civilizations history that Offshore Company Formation is rarely given rational consideration by the easily lead, many of whom blame the influence of television. Relax, sit back and gasp as I display the rich tapestries of Offshore Company Formation.

    ReplyDelete
  12. Just follow the instructions below. After registration, your business becomes your sole property. Accolade Corporate Events

    ReplyDelete
  13. Very informative. Also get wealth ideas @ www.welthmeans.com

    ReplyDelete
  14. I wanted to open a new company which is job site is it possible that I most registered before starting the business?
    Thanks.

    ReplyDelete