Registration of business name is an important begging in your adventure as an entrepreneur. A registered business name or company is an asset to any entrepreneur.

It is important to seek legal advice before registering a business name or incorporating a company as an entrepreneur.

Today, I will be giving you A STEP-BY-STEP GUIDE FOR REGISTRATION OF BUSINESS NAME AS AN ENTERPRISES IN NIGERIA. As normal way, you know I will include all that you need. Just keep reading.

Business Name Registration in Nigeria (2019 Process)

Table of Contents

What this Content all about

Choose a business or company name
Visit the Corporate Affairs Commission (CAC)
Certificate of registration

Choose A Business Name

Here it is important that your business name is related to the product or service you intended to sell to the people.

Visit Corporate Affairs Commission (CAC)

This aspect involves two ways:

Visual registration
Online registration

I’ll like to discuss both methods so that you can choose the one you like.

Physical Business Registration

Here, you will need to visit the CAC office and when you get there the first step is to obtain a search form (CAC Form 008).

The form is to search for availability of a proposed name I.e to check whether or not a business or company has not registered with the same or a name extremely similar to your proposed name.

Certificate That Shows Registration Of Business Name

After returning your set of forms it is processed and certificate issued confirming your business registration. It is however to note that this is done in consultation with your lawyer.

Online Registration Method

Not everybody is chance to visit the CAC office, so you’re busy you can go for online business registration method. This goes as;

STEP 1: CHECK FOR AVAILABILITY OF PROPOSED COMPANY NAME (Check it here)

As you can see on the screenshot above, there is place left for you to input your propose company after that you need to verify the captcha. This is done to confirm you’re not a robot.

STEP 2: COMPLETE PRE-REGISTRATION FORM

This is done immediately after you have checked your proposed name.

You would have to do this online using the company registration portal
As you can see on the above screenshot, you have to complete a form and after that, they will send you a mailing message on the email you used during the registration.

You have to check your mail and click on the verification link they sent to you.

If you have a successful verification, it will appear like the screenshot above.
Note that the information required to be completed includes:

Approved Name of the Business
General Nature of the Business
Address of the Business
Name, Address, Occupation and other details of the Proprietors of the Business
Signature of the Proprietors

3rd STEP: PAY FILING AND STAMP DUTY FEES

This can be done online or you go to bank to deposit.
I recommend online transaction.

STEP 4: SCAN AND UPLOAD THE COPY OF YOUR PRE-REGISTRATION DOCUMENTS

The next step after payment is to scan all the documents you used during the PRE-REGISTRATION and then go ahead to upload it on their portal.

STEP 5: SUBMIT THE ORIGINAL COPY OF THE DOCUMENTS YOU UPLOADED

Once your payment has been approved, the next step for you is to submit the original copy of the documents you uploaded.

After submission, the CAC will check if all your documents are in order and if so they will notify you that your application is approved. And now your certificate is ready for collection.

Please note that the entire process should take up to a week.

FAQ

Below are some frequently asked questions;

What If My Proposed Business Name Has Already Been Choose?

If you read the articles very well, you would notice I have already answered the question in the article. But well, if your preferred name has already been choose you would have to refill another form and select a new name.

How Much Is Business Name Registration In Nigeria?

It cost a total of N10,500 to Register Business in Nigeria.
5,000 Naira for Reservation Of Name
10,000 Naira for Business Name Registration
Some additional fees might be attached but that is the Sum.

Will I Be Issued A Certificate After Registration?

Yes you would absolutely have your certificate after completing your registration. This is done to confirm your business registration.

What’s your thought on the topic REGISTRATION OF BUSINESS NAME IN NIGERIA?

If you have any additional questions don’t hesitate to Comment Below.

Don’t forget to share out to friends and family using the social media icon below.

REGISTRATION OF BUSINESS NAME IN NIGERIA (BEST GUIDE)