How To Register A Business Venture In Nigeria
Choosing a name for your business is vital and can be quite difficult.
How to register a business venture in nigeria. Nowadays the business registration process can easily be carried out online via cac company online registration portal with the assistance of an accredited lawyer to attest to the requisite incorporation documents. Company and business name. 1 create an account on the cac portal. If you have done the foregoing successfully then you are ready. Which means your business is now an enterprise venture or limited.
This is because it has to be unique catchy and salesy. For profit making ventures there are two main avenues of registration available at the corporate affairs commission. Pick a business name. The option chosen by the entrepreneur depends on some key parameters which are outlined in the table below for guidance. When registering a business you must have your office with known address you must also have your business letter head with logo and your business official stamp.
Now you may want to know how much it cost to register a business name in nigeria. The rationale behind the joint venture is that every person or business entity has greater strength resource and comparative advantage to deliver on a key component required for the effective delivery of a. A joint venture agreement is entered into before the company is incorporated. Note you can only use one at a time. It is very important that the various aspects listed above are carefully documented.
An individual seeking to engage in a little business venture may also register a business name in nigeria. Now the easy steps to register a business in nigeria. Distributorship business opportunities in nigeria the business of distribution in nigeria is one of the most profitable businesses one can venture into and you will never regret becoming a distributor most newly emerging companies situated in the cities like abuja lagos fct kano aba onitsha and sub urban areas are in constant search of reliable distributors. Parties to a joint venture agreement in nigeria can be individuals or incorporated bodies. This means you have to take your.
You can conduct the registering of your business by yourself using the cac online portal. The first step required from every person or entity doing business in nigeria is registering a company in nigeria. A joint venture is a common form of foreign investment in nigeria. Registering a business name means you have incorporated your business. You can start your business name registration process online also.