What is the cost of registering a business name in Nigeria?

The CAC official filing fee for the registration of business name in Nigeria is N10,000 (Ten Thousand Naira Only). However, where an accredited agent is engaged by the applicant for such registration, the agent will also charge a professional fee for the services to be rendered.

How much does it cost to register a business name in Nigeria 2021?

How Much Is Business Name Registration In Nigeria? The cost of registering your business name is #10,000. There will be an additional fee of #500 for business name reservation.

How much is CAC registration 2021?

According to the Companies Regulations 2021, the filing fees for the Statement are N5,000.00 and N10,000.00 for private and public companies, respectively.

How do I register my business in Nigeria?

Registration steps for Business Names

  1. Check for availability of the Business Name (click here. …
  2. Complete pre-registration form – CAC-BNo1 and upload relevant registration documents(Online using Company Registration Portal)
  3. Pay filing fee Check the Fees for our Services here.
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How do I register a business name in Nigeria 2021?

How to Register a Business Name in Nigeria

  1. Choose a Business Name and Check For Availability. …
  2. Complete Your Pre-registration Form to Register Your Business Name. …
  3. Pay For a Filing Fee. …
  4. Prepare Your Documents For Upload. …
  5. Submit the Original Copies of Your Documents. …
  6. How Much Does it Cost to Register a Business Name in Nigeria?

How can I register my business name for free in Nigeria?

CAC Free Business Name Registration has begun through the www.cac.gov.ng registration portal.

CAC Free Registration Process

  1. Create an account through the CAC e-Registration portal.
  2. Search for the available company name.
  3. Reserve company name.
  4. Register your company.

How long does it take to get CAC certificate?

The entire process for registering a business name normally takes 1-2 weeks, depending on the workload of the CAC and other factors.

What are the requirements for CAC registration?

Documents Required for Company Registration

  • A notice of the registered address of your business.
  • Memorandum and Articles of Association (MAA)
  • Receipt of payment of your stamp duties.
  • Particulars, list, and consent of the first directors of your company.
  • Statement of compliance by a legal practitioner.

How much will it cost to register an NGO in Nigeria?

However, the total cost of registration ranges from N130,000 to N200,0000, including the cost of advertisements in 2 national newspapers. Above all, the process for registration of NGO or charitable foundation is tedious, and engaging the services of an expert for such incorporation is most advised.

What are the benefits of registering a business name?

ADVANTAGES OF BUSINESS NAME

  • Business name requires little capital.
  • Business name is easy to register.
  • Business name requires less formalities.
  • A sole person can register a Business name.
  • Profit of the business is solely owned by the owner.
  • Tax liability in Business name is minimal.
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Is CAC doing free registration?

The claim that the Federal Government is doing free online CAC company registration with benefits is false and misleading.

What is the difference between business name and company name?

A Business name is a registration of a trade name for purposes of business whereas a Company of the incorporation of a separate legal entity to conduct business.

How do I know if my business name is on the CAC?

To check if a company or business is registered, follow this simple steps:

  1. Visit CAC website by clicking here,
  2. Type the company name in the field provided without “Plc”, “Limited” or “Ltd”.
  3. Click on Search .
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