How To Register A Business Name In Lagos

Obtain a business name search form this would cost you n500 and would take about two weeks.

How to register a business name in lagos. This is because it has to be unique catchy. You can do it yourself if you have the time and actually live in abuja or lagos nigeria. How to invest successfully in nigerian stock market. You will apply to the corporate affairs commission cac and suggest two alternate names for your business. Yes its true that you no longer need a lawyer to register your business name.

The cac was established by the companies and allied matters act which was promulgated in 1990 to regulate the formation and management of companies in nigeria. Pick a business name. Staffs of the organization or other. Register your business company or organisation with corporate affairs commission cac within 2 weeks. Here is how to register a business in nigeria in the shortest time possible and without mistakes.

You only need to understand the procedures. However by section 574 6 of the companies and allied matters act cama where an individual who is a minor or a firm of which one of the partners is a minor intends to register a business name the signature of such a minor on the statement in the prescribed form shall be countersigned by a magistrate legal practitioner or police officer. To register a business name in nigeria the following are the steps to take. How to register your business name with cac in nigeria the corporate affairs commission cac of nigeria is saddled with the responsibility of registering companies in nigeria. You will find all their requirements on their website.

Steps to register a business in nigeria step 1. Open a corporate bank account with your business name stop giving your customers clients your personal bank account details. Op thank you for the articulated information please note however that cac has re designed the business name form which used to be a large green 4 pages card. Start using pos machine go cashless and allow customers to use their. All you need to do is to come up with three alternative names and then fill the form and submit it.

The first step is to visit any branch of corporate affairs commission and enquire on how to register business. It s a very straightforward process and takes little or no time provided there are no glitches like if you choose a name that is already registered. The cac will conduct a search in its database to ensure that the name is not already in use or there is no similar name already in use. The cooperate affairs commission has liaison offices in nearly if not all the states in nigeria where you can go to and apply for registration. Choose and reserve a name the first step is to decide on what name to use to register your business the process is done online.