Business Name Registration
One of the biggest advantages of registering a Business Name in Nigeria (commonly called Enterprise or Ventures) is the simplified process and the affordability.
We are a team of legal experts and accredited CAC Consultants and have helped thousands of entrepreneurs power their ambitions by registering their business names with CAC. We deliver your certificate and other documents anywhere in Nigeria within 7 working days.
To get started you can click on the Start Now button which will lead you to a self service dashboard where you can input all necessary information for the service you desire and make payment online. If you would prefer to talk to a Consultant please hit the chat button below or call 0903 408 6536 (Available Mon-Fri 9am-5pm)
FAQs On Business Name Registration In Nigeria
Business name is a registration which usually involves one person called the proprietor and it is mostly used by small scale businesses. It is advisable for business names to end with “enterprise” or “venture”
Business names should be registered within 28 days of commencement of business otherwise daily penalty of N150.
No, anyone below the age of 18 years cannot be a proprietor.
The first process is name reservation where you would be expected to submit two preferred names and approval is solely at the discretion of CAC.
- Details of the proprietor( name, address and occupation)
- Means of Identification, signature and passport of the proprietor
- Registered office address of the business
- Nature of business
Ability to open a Corporate Accounts, Customers/Clients take you more serious if your Company is registered, Banks. only grant business loans to registered businesses, Your Company becomes your brand, Investors are more comfortable with a registered business.
CAC will use a certificate and status report within 48 hours.
Yes, schools, POS Services, Travels and Tour Agency, Oil and Gas, Financial Services cannot be done by business names.
Foreigners cannot carry on or join in carrying on business under a business name
A Business Name is usually used for Sole Proprietorships (One Man Business) whilst a Limited Liability Company is owned by Shareholders and as the name implies their liability/ dividends are limited to the shares they own in the company. The image below shows some key differences between a Business Name and a Limited Liability.