How Much To Register A Business Name With Cac

04 Jun, 2021

Tell the CAC staff you want to register your business name. Complete guide on how to register business with cac- The new and improved user interface of the official website of Corporate affairs commission CAC was on March 4 th 2018 released for the general public and having gone through it personally I can say the site and process is now faster and user friendly you can begin your business name registration by visiting httpsservicescac.

List Of All Cac Offices In Nigeria Nigeria Success Business Start Up Business

Registration of private companyIncrease in share capital above N500million.

How much to register a business name with cac. As enterprise u only do small amount contracts like supplies but if its big contracts u need which pays u millionsbillions etc then go for limited. Fusion_builder_container hundred_percent The general public is hereby informed that Companies Business Names and Incorporated Trustees may now apply to the Commission for the creation of Electronic Accounts for their Entities. A business name will now be registered at the cost of N5000.

For a Limited liability company you can get it done yourself for less than N30 000 or get it done by an agent for N50 000. In the past business name reservation at the CAC took days before it came back with a result. The first major step during incorporation of a company online with CAC is by filing for a name reservation online.

Now registration is end-to-end on the COMPANY REGISTRATION PORTAL CRP with electronic Certificate of Registration and Certified Extract of registration information Note. I need to know how much I should budget for the whole process of registering a business name with CAC do u want to register it as an enterprise or limited. Reserve a Name Submit your Preferred Business Name.

Enterprise is 40k and limited is 90k legally tested trusted and accurate. Filing of notice of change in business address. IndividualProprietors can register business names without the services of the legal practitioner chartered Accountant or Chartered Secretary.

Once you wrap up with the name reservation you can then proceed to the registration of your business name proper. I need to know how much I should budget for the whole process of registering a business name with CAC Its 30 thousand naira. Registration of business name.

Register your business to make it a distinct legal entity. You will be spending too much money on registering your business name with CAC. Registration of private company with share capital of N1million or less.

Filing of other documents miscellaneous. Registering your business name with the Corporate Affairs Commission CAC of Nigeria could be expensive if you involve a third party. So I want to show you how to register your company in Nigeria without the service of an agent or visiting the commission.

The Corporate Affairs Commission CAC has announced a reduction in the cost of business name registration. 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. When in actual fact it will cost you less than N20000 if you follow the step by step process in the 1st way I listed above.

The service previously attracted a fee of N10000. Reservation of Name. You will open a file at CAC office with a sum of N 200 you will also pay a sum of N 10000 for Sole proprietorship N 40000 for Partnership while NGO takes longer process and the amount is up to N 60000 business having a branch office attract additional N 1000.

Filing of notice of change of business name. Companies Regulations 2021. How much can I get a my company name register with CAC.

Both costs approximately N500. N500000 for every N1million share capital or part thereof. Please help me out.

Reservation of Name. The CAC official filing fee for the registration of business name in Nigeria is N10000 Ten Thousand Naira Only. The steps for company registration in Nigeria include.

For persons or organizations who are accredited and certified by CAC Register your Accredited Number and portal account access here Register. You can contact me for that. Registration of private companyIncrease in Share Capital above N1million and upto N500million.

Filing of notice of change in proprietorship. Filing of annual return. You will be told to pay for the Availability Check and Reservation of Name Form and file.

Filing of notice of cessation of business. Reserve Name Now. For a business name sole proprietorship you can do it your self for less than N15000 or get it done by an agent between N20000 to N25 000.

Today it only takes the same day if you submit your request before 5 pm and it costs just NGN500. This step is necessary as it helps to reserve the proposed company name. How and where you need to register depends on your business structure and business location.

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