How To Register A Business Name Under Cac
Jidbiz international belongs to me and it was registered with the corporate affairs commission cac nigeria in 2011 i used the business name to open a current account with first bank nigeria and am currently using it for my.
How to register a business name under cac. Your business name identifies you to your customers and allows you to differentiate yourself from your competitors. If the cac approves the name then it will reserve the name for you for a 60 day period. 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. This step is necessary as it helps to reserve the proposed company name for 60days until it is open for use by another person. Registration steps for business names.
A business name helps your customers to make an emotional connection to your business and brand. The c a c permits you to register your business either as a sole proprietorship a private limited company incorporated trustee or unlimited company. I will give you a breakdown of the cost of registering a business name or a company in nigeria. An individual can register a business name online himself or herself at the cac s portal because of its less formality and a lawyer may also be hired to carry out the registration especially where the business involves more than one proprietor and a partnership deed stipulating the agreements between partners or proprietors required to be. To register a business name in nigeria the following are the steps to take.
The cac will conduct. Complete pre registration form cac bno1 online using company registration portal. If you haven t decided on a business name yet read our tips on how to. This post is just what you need. If you don t know the business name.
The steps for company registration in nigeria include. You can now also register your business online. The first major step during incorporation of a company online with cac is by filing for a name reservation online. If the business name is not registered in the cac database the form will return a blank result. It now costs n10 500 for name search and business registration.
Read more about name reservationand reserve a new name. You will apply to the corporate affairs commission cac and suggest two alternate names for your business. If the name you entered is your proposed business name you can proceed to submit it for reservation at cac online website. Steps 1 3 can be completed on the company registration portal crp. Cac registration fees in nigeria 2021 see latest updates.