How Much To Register A Company In Nigeria?

What is the fees for company registration?

The registration fee for organization’s whose nominal share capital is limited to Rs. 10,00,000 – Rs 2,000. The registration fee for organization’s whose nominal share capital ranges between Rs 10,00,000 to Rs 50,00,000 – Rs 2000.

How much is CAC business registration 2021?

Full Cost of CAC Registration Fees

Type of CAC fees Fees in Naira(N)
Search on business name file 1000
Certified true copy of business name certificate registration 5000
Registration of private company with Share Capital above N1million to N500million N5,000 for every N1million share capital

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How do I register a company in Nigeria?

Step-By-Step Process on How to Register Your Company in CAC Nigeria

  1. Get a company name.
  2. Prepare the MOA.
  3. Fill the Pre- Registration Form.
  4. Pay the Stamp Duty and Filling Fee.
  5. Prepare the Scanned Copy of Your Documents.
  6. Submit the Original Documents.
  7. Cost of Setting a Company in Nigeria.
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How do I register my startup company?

Procedure for registering a startup in India

  1. Step 1: Incorporate your business.
  2. Step 2: Register under Startup India.
  3. Step 3: Documents you need to upload in a PDF format only.
  4. Step 4: You need to mention if you need tax exemption.
  5. Step 5: Self-certification of the following conditions.
  6. Step 6: Get your recognition number.

How can I make my Pvt Ltd?

How to register a Pvt Ltd Company

  1. #1: Apply for DSC (Digital Signature Certificate)
  2. #2: Apply for the DIN (Director Identification Number)
  3. #3: Apply for the name availability.
  4. #4: File the EMoa and EAOA to register the private limited company.
  5. #5: Apply for the PAN and TAN of the company.

How much does it cost to register a company in Nigeria 2021?

How Much Does it Cost to Register a Business Name in Nigeria? Registration of a private company with a share capital of more than N1m and up to N500m costs N5,000 for every 1m shares of the company. Private company registration above N500m authorized share capital costs N7,500 for every 1m shares of the company.

How much does it cost to register a business name in Nigeria 2021?

How Much Is Business Name Registration In Nigeria? The cost of registering your business name is #10,000. There will be an additional fee of #500 for business name reservation.

Is CAC doing free registration?

The Federal Government has approved all self-employed and business owners to carry out their Corporate Affairs Commission ( CAC ) registration online free of charge.

What are the 3 types of companies?

There are three common types of businesses —sole proprietorship, partnership, and corporation—and each comes with its own set of advantages and disadvantages.

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What are the documents required for company registration?

Documents Required for Company Registration

  • Passport.
  • Election Card or Voter Identity Card.
  • Ration Card.
  • Driving License.
  • Electricity Bill.
  • Telephone Bill.
  • Aadhaar Card.

Can a foreigner register a company in Nigeria?

By section 18(2) of CAMA 2020, a private company can be formed by just one person. In addition to this, a foreigner must also comply with the provisions of other enactments to form a company in Nigeria. Thus, to engage in business in Nigeria, the business must first be registered with the CAC.

Can I run a business without registering?

It is entirely legal to operate as a sole proprietorship without registering your company. Keep in mind, however, that doing so does not provide you with any form of legal protection if you experience debt or face legal action.

Can I run a company without registration?

To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration.

How do I get funding for my startup?

Here are a few successful startup funding options in India that will help you support your business with the indispensable finance requirements.

  1. Go for Crowdfunding.
  2. Consider Self- funding.
  3. Get in touch with the Venture Capitalists.
  4. Try Angel Investment.
  5. Conclusion.

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