DETAILED STEP-BY-STEP GUIDE ON HOW TO REGISTER A BUSINESS NAME AND COMPANY IN NIGERIA

Filed in Business, Business &Money, CAC by on October 4, 2020 0 Comments

DETAILED STEP-BY-STEP GUIDE ON HOW TO REGISTER A BUSINESS NAME AND COMPANY IN NIGERIA

Business registration happens to be an essential aspect of business startup owing to the fact that registering a business is the passport to making it a legal entity. Of course, your business in Nigeria has to be registered with the Corporate Affairs Commission (CAC) before you can expect it to operate with limitless potential.

Broadly, CAC is an agency established in 1990 with the aim of registering business names and companies in Nigeria. While CAC has remained operative since its establishment, it is noteworthy that the registration agency maintains physical service outlets (precisely offices) in every of Nigeria’s 36 states including the Federal Capital Territory.

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In this article, you’ll find out the list of all the CAC offices in Nigeria as well as  how business name or company registration can be done with the CAC and the top 3 reasons why you should register your business.


List of All CAC Offices in Nigeria

Corporate Headquarters

Plot 420, Tigris Crescent,
Off Aguiyi Ironsi Street,
Maitama
Abuja.
email: cservice@cac.gov.ng

Lagos (ALAUSA)

PLOT 7, OTUNBA JOBI FELE WAY, BEHIND MKO GARDENS,
ALAUSA, IKEJA,
Lagos State
Nigeria
email: oregun@cac.gov.ng

Kano

52, Unity Road, off Ibrahim Taiwo Road,
Kano
Kano State
Nigeria
email: kano@cac.gov.ng

Portharcourt

Plot 332, Danjuma Drive, Trans Amadi Industrial Layout,
Portharcourt
Rivers State
Nigeria
email: portharcourt@cac.gov.ng

Lagos (ISLAND)

NO 18/20, CATHOLIC MISSION STREET,
LAGOS ISLAND,
LAGOS
email: yaba@cac.gov.ng

Enugu

Plot 31B, Okpara Avenue
Enugu
Enugu State
Nigeria
email: enugu@cac.gov.ng

Benin

NO 44, GODWIN ABBE WAY, OFF SAPELE ROAD, G.R.A.,
BENIN-CITY,
Edo State
Nigeria
email: edo@cac.gov.ng

Owerri

BESIDE CITY GLOBAL HOTEL, BY UMUGUMA JUNCTION, PORTHARCOURT ROAD,
Owerri
Imo State
Nigeria
email: owerri@cac.gov.ng

Kaduna

No. 1 Yakubu Avenue, Behind Lugard Hall
Kaduna
Kaduna Sate
Nigeria
email: kaduna@cac.gov.ng

Jos

YINGI, RAYFIELD ROAD,
AFTER MTN OFFICE BEFORE GOLD N BASE JUNCTION,
BESIDE AIRFORCE BASE,
JOS,
PLATEAU STATE
jos@cac.gov.ng

Ibadan

Premium House, 1st Floor, Jericho,
opposite Evans publishing company,
Eleyele, Ibadan
Oyo State
Nigeria
email: ibadan@cac.gov.ng

Akure

151, OYEMEKUN ROAD,
AKURE, ONDO STATE
email: akure@cac.gov.ng

Ilorin

10, Adama Bola Sa’adu House 10, Ahmadu Bello way, G.R.A,
Ilorin
Kwara State
Nigeria
email: ilorin@cac.gov.ng

Abeokuta

56/63,First Avenue,
Beside O.K centre,
Ibara Housing Estate,
ABEOKUTA,
OGUN STATE
abeokuta@cac.gov.ng

Uyo

  1. 4, UBI INYANG STRET,
    UYO,
    KWA IBOM STATE
    uyo@cac.gov.ng

Calabar

38 MCC ROAD,
CALABAR,
CROSS RIVER STATE
calabar@cac.gov.ng

Makurdi

PLOT BNA 5366, ABU KING SHULUWA ROAD, OFF OTUKPO ROAD,
MAKURDI,
BENUE STATE.
makurdi@cac.gov.ng

Sokoto

NO 3, SULTAN ABUBAKAR ROAD,
SOKOTO,
SOKOTO STATE.
sokoto@cac.gov.ng

Minna

3, INTERCITY BANK BUILDING, 3RD FLOOR, (FORMER BOSSO ROAD),
MINNA,
NIGER STATE
minna@cac.gov.ng

Gombe

OPPOSITE GOMBE LOW-COST HOUSING ESTATE,
GOMBE,
GOMBE STATE
gombe@cac.gov.ng

DUTSE

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NO 11, ASMA’U HOUSE, KIYAWA ROAD (SAME BUILDING WITH AFRI BANK),
DUTSE,
JIGAWA OFFICE
dutse@cac.gov.ng

Bauchi

11A, MOHAMMED BELLO KIRFI ROAD,OPPOSITE STATE LIBRARY,
BAUCHI,
BAUCHI STATE
bauchi@cac.gov.ng

Katsina

  1. 5, BLOCK G, COMMERCIAL LAYOUT, GIDAN DAWA,
    ALONG IBB WAY, KLP 137, KANO ROAD,
    KATSINA,
    KATSINA STATE
    katsina@cac.gov.ng

BIRNIN KEBBI

  1. 14, SULTAN ABUBAKAR ROAD, ALONG GOVERNMENT HOUSE,
    BIRNIN-KEBBI,
    KEBBI STATE
    kebbi@cac.gov.ng

Awka

PLOT 26, OKEY ANUEIAGU AVENUE (NEAR COSMILA HOTEL) OKPUNO,
AWKA,
ANAMBRA STATE.
awka@cac.gov.ng

LOKOJA

NO 1, EQUITY PLAZA, SURULERE STREET, PHASE 1,
LOKOGOMA, LOKOJA,
KOGI STATE
lokoja@cac.gov.ng

GUSAU

2A, SANI ABATCHA WAY,
BESIDE GTB,
GUSAU,
ZAMFARA STATE.
gusau@cac.gov.ng

Yola

NO 2, HOSPITAL ROAD, OPPOSITE GALBOSE HOSPITAL,
JIMETA, YOLA,
ADAMAWA STATE
yola@cac.gov.ng

Maiduguri

ADJACENT STARCOMMS OFFICE,
DEMBOA ROAD, OLD G.R.A.,
MAIDUGURI,
BORNO STATE
maiduguri@cac.gov.ng

Asaba

PLOT 74, BLOCK 11, ASABA HOUSING ESTATE,
CORE AREA LAYOUT, DBS ROAD,
ASABA,
DELTA STATE
asaba@cac.gov.ng

Umuahia

PLOT 111B, ELEGHEIM LAYOUT, ALONG BCA ROAD,
UMUAHIA,
ABIA STATE
umuahia@cac.gov.ng

Lafia

19, SABON FEGI, OPPOSITE MODERN MARKET ROAD,
LAFIA,
NASARAWA STATE.
lafia@cac.gov.ng

Osogbo

KILOMETRE 4, GBONGAN ROAD, NEAR FRSC, BESIDE ADE BARE SPECIALIST HOSPITAL,
OGO OLUWA, OSOGBO,
OSUN STATE
osogbo@cac.gov.ng

Jalingo

153, OPPOSITE MURI HOTEL, HAMMA RUWA WAY,
JALINGO,
TARABA STATE
jalingo@cac.gov.n

Yenagoa

NO 444, CHIEF MELFORD OKILO EXPRESS WAY, YENEZUE-GENE,
YENAGOA,
BAYELSA STATE.
yenagoa@cac.gov.ng

Abakaliki

NO 13, SAM EGWU WAY,
ABAKALIKI,
EBONYI STATE
abakaliki@cac.gov.ng

Ado-Ekiti

PLOT 4, COMMERCIAL BLOCK ‘C’ EXTENSION TO GRA ALONG NEW IYIN ROAD ( BANK/SECRETARIAT ROAD),
ADO-EKITI,
EKITI STATE.
ekiti@cac.gov.ng

FCT (ABUJA)

PLOT 565, NDOLA SQUARE, OFF MICHAEL OKPARA STREET,
ZONE 5, WUSE, ABUJA
abuja@cac.gov.ng


Steps for the Registration of a Business Name in Nigeria

Business name registration happens to be the lowest (as well as easiest) form of business registration in Nigeria. Below are the steps involved in the registration of a business name in Nigeria:

Step I: Choosing your business names

Obviously, the choice of a suitable and non-existing business name is what comes first in the process of business name registration. By reason of this, you’ll have to create several names before visiting a nearby CAC office. Although it’s just one name you’ll register for your business, you have to think up a couple of befitting names as any name you’re eventually registering for your business must not have been registered by someone else.

At the CAC office you’re visiting for business name registration, a check will be run on the list of names you’re submitting to see which of the names isn’t in current use. This may then be chosen and registered as your business name.

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Step II: Form filing

This step entails getting a form (at the CAC office) and providing the names you intend to check in the form. The other things you’ll be required to provide in the form are personal details such as your residential address, your full name, passport photographs and your other contact details including telephone number. In the course of this form filing, you’ll be charged a certain filing fee and it’s possible you find out the available name(s) for your business registration on the day of form filing.

Step III: Picking up your business certificate

Once your business name registration has been successfully executed, you can expect to obtain your business certificate in the next couple of days. While this certificate serves as a written confirmation of your successful business name registration, it is noteworthy that business name registration actually occurs in 24 hours as soon as you’ve chosen the name to register for your business.

 

Steps for the Registration of a Company in Nigeria

Unlike business name registration, company registration appears more procedural and elaborate. Below are the three steps you should follow for successful company registration in Nigeria:

Step I: Thinking up company names

This is likely some homework required of you so that you can eventually have a company name that has not been registered before. CAC will check whatever names you’re sending to it for availability and as such, you have to think up several names you consider befitting for your company.

Step II: Engaging the service of a reliable registration expert

For you to safely and legally register your company, it’s highly recommended that you work with a registration expert such as a chartered accountant or legal practitioner who should offer you professional guidance regarding the filling of several registration forms as well as sailing past certain technical issues.

Step III: Completing the forms

To carry out this step, you’ll have to visit the company registration portal (CRP) of the CAC. Follow the instructions below to proceed with your company registration on CRP:

  • Fill necessary details in the pre-registration form CAC1.1
  • Make necessary payment for filing and stamp duty
  • Get the signed copies of your pre-registration documents ready. You’ll have to scan these copies and upload them on CRP in the following ways:
  • Form CAC1.1
  • Memorandum and Article of Association
  • Recognized identification form for Director/Subscriber/Secretary
  • Evidence of payment made to CAC
  • After uploading the scanned copies for processing, prepare the original copies of the uploaded documents for submission to your preferred CAC office. It’s at this CAC office that you’ll receive the Certified True copies as well as your (company registration) certificate in return for the original copies you’re submitting
  • Note that the business/company (registration) certificate is an essential document which you’ll receive at the end of the company registration process. Endeavour to safely keep the certificate as it could be required in future for essential purposes such as visa application, loan application, bank account creation and tax registration for your company
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Top 3 Reasons Why You Should Register Your Business

Although some people neglect the need for registering their businesses, this doesn’t erase the fact that business registration is an indispensable requisite for formal business operation. Without any doubt, a number of benefits are attributable to business registration and these benefits are described (in this article) as the top 3 reasons why you should register your business:

  1. Separating your business from yourself –This is described as legal separation and it’s a beneficial way of ensuring that there’s no collision between your business liability and your personal liability. Although it isn’t all forms of business registration that offer it, legal separation likely guarantees some assurance of limited loss in the event of business or personal disaster.
  2. Giving proper identity to your business –This, undeniably, is one of the reasons why serious-minded people cannot undermine the importance of business registration. Of course, many people like doing formal transactions with registered businesses. They do this not only to assure themselves financial safety but also to ensure they’re doing business on a formal note. Importantly, people will likely take you seriously if you’re running your business under a registered business name rather than your personal name.
  3. Eligibility for external funding –It’s very possible that the funds at your disposal aren’t enough for your business needs. In this case, you might need to source funds externally and before you’re deemed qualified to obtain funds from a governmental body or even a serious financial institution, your business must have been duly registered with the CAC

 

Conclusion

We hope that this article has helped you find out how business registration is done in Nigeria. Also, we believe you’re convinced about the explained reasons on why you should register your business.

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