How Much Does It Cost To Register A Business Name With Cac
It takes less than 24hrs for approval after a successful payment when your name reservation has been approved proceed to step 4. Read more about name reservation and Reserve a new Name click here Complete pre-registration form CAC-BNo1 and upload relevant registration documents Online using Company Registration Portal Pay filing fee Check the Fees for our Services here.
Tips For Getting Your Business Name Approved With Cac Business 4 Nigeria
Registering a business name is as important for the survival of the business many shy away from this due to the cost implication.
How much does it cost to register a business name with cac. File state documents and fees In most cases the total cost to register your business will be less than 300 but fees vary depending on your state and business structure. Imagine after struggling to create a value for the business but not registered and some investor from nowhere does a search only to find out the your business name is not registered with CAC corporate Affair Commission and registers the company name you have. There are several steps involved in registering a business name in Nigeria and one of them is the name reservation process.
Filing of other documents miscellaneous. The service previously attracted a fee of N10000. Filing of notice of change of business name.
Registration of business name. A business name will now be registered at the cost of N5000. The CAC official filing fee for the registration of business name in Nigeria is N10000 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. This costs only 500 naira and you can pay via ATM cards internet banking or direct bank payment using your RRR number generated by the portal. For Business name registration its N13500 name reservation payment for registration and our charges inclusive while N60000 to register a.
I will alwsys advice to start with 1 million instead of 100k units. You will be told to pay for the Availability Check and Reservation of Name Form and file. Filing of notice of cessation of business.
Both costs approximately N500. Tell the CAC staff you want to register your business name. Thus CAC name reservation can be said to mean a promise to save up a space for a business name before the registration period.
Name Reservation Is One Of The First Steps To Registering A Business In Nigeria. Fee for registering a private company that has a share capital of more than 1 million Naira and up to 500 million Naira - 5000 Naira for every 1 million Naira share capital or part of it. The LLC requires either a Lawyer or a company secretary to file the documents on your behalf.
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. LLC Now Cost about N85000 depending on who is doing for you. The Corporate Affairs Commission CAC has announced a reduction in the cost of business name registration.
The Business Name Now Cost about N15000 if you do it yourself. Registration steps for Business Names. Filing of notice of change in business address.
How much can I get a my company name register with CAC. So I want to show you how to register your company in Nigeria without the service of an agent or visiting the commission. For ltd be rest assured that it is much higher from 45k to 65k depending on the number of share capitals.
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. Filing of annual return. 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.
Fee for registering a private company that has a share capital of less than or equal to 1 million Naira - 10000 Naira. Reservation of Name. Check for availability of the Business Name click here.
The process is very stressful so. Filing of notice of change in proprietorship. Registering your business name with the Corporate Affairs Commission CAC of Nigeria could be expensive if you involve a third party.
Registering an enterprise business name is between 7k to 15k depending on the region.
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