As a business owner, business registration with CAC in Nigeria is the first step required to commence a business in Nigeria. The Corporate Affairs Commission (CAC) is the government body saddled with the task of registering new businesses. This body was established by virtue of the Companies and Allied Matters Act (CAMA) to regulate the formations and operations of companies in Nigeria.
There have been various developments with respect to business name registration in Nigeria in recent years. The business name registration popularly known as Enterprise can now be completed online and the electronic certificates are now issued by CAC in lieu of the paper certificates. This is unlike before when you will have to bring everything in hardcopy and receive a hardcopy certificate.
What does one need to commence the registration of business name? Below are the requirements for Business Name in Nigeria.
Read:How to Register a Limited Liability Partnership in Nigeria
REQUIREMENTS FOR BUSINESS NAME REGISTRATION (ENTERPRISE)
- Proposed name(s) for name search.
- The registered address of the proposed business
- Email and phone number of the proposed business
- Details of the proprietor(s)
- full names
- residential address
- phone number
- date of birth
- email address
- occupation
- Identification document of the proprietor(s) ie: international passport or Voter’s card or Driver’s license or NIN.
- Softcopy of the proprietor’s passport
- Signature of the proprietor signed on a white sheet of paper.
Read also: How To Register Company with Corporate Affairs Commission in Nigeria
STEPS TO REGISTER A BUSINESS NAME
For registration of Business Name, below are the steps required:
- Submission of two desired names for the search:
- Complete the Pre-registration form
- Upload relevant documents at the CAC portal
- Make payment
- Submission of registration application online.
Where the registration is approved, the electronic and other incorporation documents will be issued by the CAC. The applicant can download same online or print the documents.
In conclusion, the CAC registration must be carried out strictly in compliance with the dictates of the CAMA. One must be an accredited or registered user to be able to accomplish this. The registration is simple and hassle free.
Read also:How to Upgrade your Business Name to a Limited Liability Company
For more enquiry
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