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

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.

How much does it cost to register a company name with CAC in Nigeria?

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

How much is the cost of the registration of business name in CAC?

CAC Registration Fees

S/N SUBJECT FEES (N)
10 Re-instatement/Relisting of company name N25,000
11 Registration of charges for private company N10,000 for every N1million or part thereof
12 Registration of charges for public company N20,000 for every 1Million or part thereof
13 Filing of annual return for a small Company N2,000
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How much is the cost of business registration in Nigeria?

Cost of registration of Private Company (with share capital between N1 Million – N500 Million) – N5, 000 for each N1 million share. This means that if the share is N10 million for example, then this would cost N50, 000.

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.

How can I register my business name for free in Nigeria?

CAC Free Business Name Registration has begun through the www.cac.gov.ng registration portal. Under the MSME Survival Fund, there is SUPPORT FOR ESTABLISHMENT – The Federal Government will provide free CAC business name registration to 250,000 businesses.

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

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.

How do I register my business name 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 long does it take for a business name to be approved?

A business name application should take you around 12 minutes to complete online. If you have an ABN, have provided all the required documents, and paid the fee, you should get confirmation in: 2 business days for payments by credit card.

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How can I register my business with CAC?

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.

Can I register my business with CAC online?

Individuals and businesses can now complete the entire process of registering their companies online using the new e-registration portal launched by the Corporate Affairs Commission (CAC). … Here’s a step-by-step guide on how to register your company online using the new CAC e-registration portal.

How long does it take to get CAC certificate?

The Corporate Affairs Commission (CAC) has announced the commitment of the commission to register companies within 48 hours, approve names same day and ensure 5-day completion for other post-incorporation services not available electronically.

How much is CIPC annual fee?

Annual Return FAQ

Annual Turnover Private and Incorporated Companies Public Companies
Less than R10 million R450 R4000
More than R10 million but less than R50 million R2500 R4000
R50 million or more R4000 R4000
Penalty fee for each late lodgment R150 R150

What is CAC certificate?

A certificate of incorporation is a document given by the companies’ regulation agency of a country (in Nigeria’s case this is the Corporate Affairs Commission – CAC) as evidence of the existence of a company, and it’s right to do business.

How do I check if a business name is available in Nigeria?

To check the registration of a company, one must follow these easy steps:

  1. Visit the CAC’s website.
  2. Scroll down the site and click on “Public Search”
  3. Insert the RC Number of the company you wish to search (if known) or the full name of the company in the search box and click on “Search”
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