For all those entrepreneurs are interested in registering their business names in Nigeria, it is imperative you know that the CAC you need to follow due process with the CAC (Corporate Affairs Commission). Corporate Affairs Commission was established by the Companies and Allied Matters Act, which was promulgated in 1990 to regulate the formation and management of companies in Nigeria.
The establishment of the Corporate Affairs Commission as an autonomous body was as a result of the perceived inefficiency and ineffectiveness of the erstwhile Company Registry, a department within the Federal Ministry of Commerce and Tourism, which was then responsible, and administration of the repealed Companies Act of 1968.
Bello Mahmud is the Registrar-General/CEO of the Corporate Affairs Commission.
- ABC Ventures
- DADA & Sons Barbing Salon
- SUNNY Food Enterprises
- SKY & CO
HOW TO REGISTER A BUSINESS OR COMPANY NAME CHEAP
To register a business name for a sole proprietorship business, following the simple steps below:
Firstly, all you have to do is walk to the corporate affairs commission (CAC offices) located across the states and register your desired business name. Now you may want to know how much it cost to register a business name in Nigeria.
Well, I can’t quote a price here because of the ever-changing policy of the CAC.
Secondly, the price may also vary if you are registering your business name through a Lawyer. In one of my posts, i wrote about the cost of registering a business name just in case you need the actual cost of registering a business name in Nigeria.