Quick Answer: How do I register my small business in Nigeria?

How do I register a company in Nigeria?

Step-By-Step Process on How to Register Your Company in CAC Nigeria

  1. Get a company name. …
  2. Prepare the MOA. …
  3. Fill the Pre-Registration Form. …
  4. Pay the Stamp Duty and Filling Fee. …
  5. Prepare the Scanned Copy of Your Documents. …
  6. Submit the Original Documents. …
  7. Cost of Setting a Company in Nigeria.

What are the procedures for business registration?

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.

How do I register a small scale business in Nigeria?

steps how to go about it without much tears!

  1. Step 1 – Proceed to the Corporate. Affairs Commission Office nearest to you and submit your business name. …
  2. Step 2 – Once you checked and your. name is available – begin the registration process immediately! …
  3. Step 3 – Take your completed form to.
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How much is CAC registration 2021?

To start with, the official cost for registering your business/company name with CAC is N15,000.

How much does it cost to register 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 company in Nigeria?

Fees

Different Nigeria entity types Cost Draft invoice
Tax resident LLC US$20,000 View invoice PDF
PLC US$21,403 View invoice PDF
LLC (oil & gas services) US$44,950 View invoice PDF
Representative office US$20,400 View invoice PDF

How long does a Business name registration take?

A Business Name registration will take an average of 3 days to process. After business name registration what next? After the registration of the Business name, you shall apply for a PIN certificate.

Can one person register a company?

The Companies Act, 2013 provides that an individual can form a company with one single member and one director. The director and member can be the same person.

How much is it to register a Business name?

In most cases, the total cost to register your business will be less than $300, but fees vary depending on your state and business structure. The information you’ll need typically includes: Business name.

How much does it cost to register a small scale business in Nigeria?

For private companies, the registration fee if the Share capital does not exceed One Million Naira is ten thousand naira. If the Share capital exceeds One Million Naira, the fee will be ten thousand naira for the first One Million Naira and thereafter, ten thousand naira for every One Million Naira or part thereof.

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

How Much Does it Cost to Register a Business Name in Nigeria? Registration of a private company with a share capital of more than N1m and up to N500m costs N5,000 for every 1m shares of the company. Private company registration above N500m authorized share capital costs N7,500 for every 1m shares of the company.

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

As a new business, all you have to pay for is the registration of your business name which is ₦10,000.00. Other fees can be paid for as the need arises.