Friday, 12 January 2018

How To Easily  Register Your Business Name With CAC In Nigeria 


You can easily register your business name in Nigeria without the services of a lawyer. 

If you have a business in Nigeria then you should consider registering the business with the Corporate Affairs Commission (CAC).

The CAC is an agency empowered by the Company and Allied Matters Act 1990, Pursuant to section 659 to register all businesses operation in Nigeria. 
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So as a legal operator of a business in Nigeria its imperative that you register your business in Nigeria.

Business name registration with CAC can be done manually or online. 

How To Easily  Register Your Business Name With CAC In Nigeria

Q1: How do I register my business name in Nigeria?

A: 
Some people seek for the services of a lawyer while some prefer to register their company by themselves,if your among those that prefer to register their company by themselves,follow the quick steps below: 


  • Search for the availability of the name of the company you want to register.
  • Access http://services.cac.gov.ng/ and sign up as a new customer.
  • Provide all the necessary details accurately.
  • Once you have signed in, click on 'Name availability Search'.
  • Type in and search for two names that are unique and uncommon as your proposed business name.
  • Don't use names that end with 'consulting' 'finance' 'media' unless you have the proper documentation to back up that claim.
  • Fill the form with your dmail address and phone number and submit the form when done. 
  • You will be asked to pay a submission amount of N500 which can be paid using your naira mastercard,visa card, verve card,Etc.
  • It will take two working days for the name of your company to be approved or disapproved. 
  • If it was disapproved then you have to try again with another unique name and you will be required to pay again,so research thoroughly before coming for name registration.
  • Once the business name is approved,log into your CAC account. 
  • Once logged in click on 'action' and download the the letter of approval from the CAC portal.
  • Open the letter and take note of the approval number. 
  • Go back to the website, Click on 'Registration' on the top left of the webpage.
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  • Select business name and paste the number from the approval document on the space provided.
  • Then click on "Enter".
  • Make sure you know all the important details like: the nature of the business, proprietors of the business,fill all required relevant information accurately. 
  • You can also save and exit from the CAC portal and continue later if you are experiencing difficulties and continue later. 
  • Endeavor to fill the form accurately,avoid mistakes as correction would cost you more money.
  • When asked if you need additional copies of certified true copy and documents select zero,this is applicable to those who are registering a limited liability company.
  • Submit the form and Pay N10,000 for your business name via your ATM card.
  • After payment online you will print out the form,which you will submit to the CAC office in your area.  
  • Before visiting the CAC make two photocopies of the following documents:
  • The approval of business name document.
  • All the receipt of payment from Remitta and CAC.
  • The form you received upon payment for business name.
  • Two passport photographs.
  • N250 stamp duty fee payable to CAC Skye Bank Account.(Collect the remitta receipt)
  • Cross check and ask questions to know if you omitted any step or need to submit more documents.
Read Also: How To Make Money From Fixed Deposit & Treasury Bills

Submit and wait for approval. You can always check your approval status from the registration portal.
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Q2: What is the total cost and fees of registering my company with the Corporate Affairs Commission (CAC)?

A: CLICK HERE or Access http://new.cac.gov.ng/home/summary-of-fees-and-forms/

Q3. What kind of company can I register with the Corporate Affairs Commission (CAC)?

A: 
You can register the following type of companies listed below with CAC,however the most common is the business name registration and the private limited company.
  • Business Name Registration
  • Private Limited Company (LTD)
  • Public Limited Company (PLC)
  • Company Limited by Guarantee (LTD/GTE)
  • Unlimited Company (ULTD)
  • Incorporated Trustee

Q4: Where is CAC offices located In Nigeria?

A: Access http://new.cac.gov.ng/home/state-offices-2/

If you have any questions and suggestions use the comment box.

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