Can a company register a Business Name in Nigeria?

A Registered Business Name is one of the 3 general company structures which an individual can register in Nigeria, the other 2 are incorporated companies and incorporated trustees.

Can two companies in different countries have the same name?

Since businesses are registered at the state level, it is possible for your company to have the same name as a business in a different state. However, this can lead to trademark issues and other problems.

How much does it cost to register a Business Name with CAC 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.

What are the legal requirement for registration of companies in Nigeria?

The registered principal address of the company. The share capital and shareholding formula among shareholders will be required. The particulars of a minimum of two (2) Directors will be required. A copy of their means of identification such as voter’s card, national ID, drivers’ license or international passport.

How long does it take CAC to approve business name?

The entire process for registering a business name normally takes 1-2 weeks, depending on the workload of the CAC and other factors. You do not need a lawyer to register a business name, however, if you want to register a company, you need the services of a lawyer or other accredited agent.

How do I register my small business in Nigeria?

How to Register a Business Name in Nigeria

1. Choose a Business Name and Check For Availability. Choosing a business name can be quite tasking sometimes.
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.

How do I name my startup?

16 Tips for Naming Your Startup

1. Keep it short. The name of your business should roll off the tongue.
2. Make sure it’s easy to spell. Put yourself into the minds of consumers.
3. Don’t restrict growth.
4. Check the domain name.
5. Be original.
6. Say it out loud.
7. Ask for feedback.
8. Research social media profiles.

Can I name my company after a country?

You can name your business just about anything you want, so long as the name isn’t already trademarked. Because many businesses name their companies after the town in which the business is located, you’ll need to ensure that someone else hasn’t already trademarked the same name.

How long does it take to register a business name in Nigeria?

1-2 weeks
The entire process for registering a business name normally takes 1-2 weeks, depending on the workload of the CAC and other factors. You do not need a lawyer to register a business name, however, if you want to register a company, you need the services of a lawyer or other accredited agent.

How do I start a business name in Nigeria?

How to Register a Business Name in Nigeria: Step-by-Step Guide

1. Choose a business name and check for the availability.
2. Complete your pre-registration form to register a business name.
3. Pay for a filing fee.
4. Prepare your documents for upload.
5. Submit the original copies of your documents.

How do I register a company in Nigeria 2020?

How do I start a private 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.