This article is for people who are looking for how to register a business name on their own in Nigeria. I will make this article very brief and straight to the point.
When people want to register their businesses with the government in Nigeria, there are two options they normally go for – Limited Liability and Business Name.
We will talk about the first one in subsequent articles.
Step-By-Step Guide On How To Do A Business Name Registration In Nigeria
If you are trying to do your business name registration, then this guide is for you;
Search for the name you are trying to use
The first step is to make sure the name you’re trying to use is free. You can do that by clicking here.
Just like a domain name on a blog, no two people can use one business name. In fact, I will suggest you get really creative and choose something no one has used a similar name to. It will help prevent your new business from getting swallowed.
Reserve the name
After checking and making sure the name is free, you have to reserve it. You can do that by visiting this page.
You will be required to sign up (or log in if you already have an account) to do this. The price for name reservations is only ₦500 as at the time of writing of this article, and you will get a Remita RRR to pay into.
Fill out the business registration form
The next step is to fill out the business registration form.
Some of the details you’ll be required to complete include:-
– The approved name of the business
– General nature of business
– The details of the proprietor(s)
– The proprietor’s signature(s)
Payment of the CAC filing fees
After everything is done, you will be given a Remita RRR to make payment. You can choose to pay online either by credit card or transfer or go to any bank close to you.
Submission of forms
The final stage is to submit the forms for approval by the Corporate Affairs Commission. Once the payment has been approved, the business name registrant will be notified and the certificate can be collected.
Getting your business name registered is a very easy process and you can complete it in a few days.
Thanks to the internet, you can also do everything on your own and in the comfort of your house. If you have any issues, you can reach out to the support via any of the emails or phone numbers on this page.
Good luck with your new business.