How to Register a Company Business Name in Nigeria and Requirement Involve

How to Register a Company Business Name in Nigeria and Requirement Involve.

Register a Company Business Name: Registering a company name is not a difficult task, as you think.

Registration of all companies is handled by the Corporate Affairs Commission (CAC) established by the companies and allied matters act 1990 (CAMD).

The corporate Affairs commission is just like any other entity, like NAFDAC which is responsible for drugs and EFCC is responsible for financial crimes.

First of all, before you can register your company, you need to have an idea of what your company will be called. If you don’t have a name, then you can’t have a company, because there are over millions of registered companies in

Nigeria today, so it will be extremely difficult to find a name that is not already in existence that is why you must choose 3 names that are unique and the CAC will choose one out of the 3.

Steps on How to Register your Company Name in Nigeria

1. Check for availability of proposed company name 
2. Reserve a new Name 
3. Complete pre-registration form – CAC1.1 
4. Pay filing fee to CAC 
5. Pay Stamp duty fee to FIRS
   • Steps 3-5 can be completed on 
6. Prepare the signed scan copy of your pre-registration documents for upload as follows:
   • Form CAC1.1
   • Memorandum and Article of Association (MEMART)
   • Proficiency certificate (where applicable)
   • Recognized form of identification for Director(s)/Subscriber(s) and Secretary
   • Evidence of payment to CAC
7. Upload the scanned documents for processing 
8. Submit the original copies of the documents uploaded at step 6 (Form CAC1.1, MEMART, etc) to the CAC office you had selected in exchange for your certificate and the Certified True copies of the documents.

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StudentsandScholarship Team.