Readers ask: How To Register Company In Nigeria?

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

Fees

Different Nigeria entity types Cost Draft invoice
Tax resident LLC US$20,000 View invoice PDF
PLC US$21,403 View invoice PDF
LLC (oil & gas services) US$44,950 View invoice PDF
Representative office US$20,400 View invoice PDF

What are the requirements for CAC registration?

Registration Form CAC 1.1. Identification of Directors and Shareholders. Payment Receipt of CAC. Stamp Duty Certificate (This is to be printed, once the stamp duty fee is paid).

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.

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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 ).

What’s the difference between registering a company and business name in Nigeria?

DIFFERENCE BETWEEN A BUSINESS NAME AND COMPANY REGISTRATION A business name can be formed by one or more persons i.e. sole proprietorship or partnership while a company needs a minimum of two persons as members as well as directors to be registered.

How much is NGO registration in Nigeria?

A prospective registrant may contact a lawyer for a cost. However, the total cost of registration ranges from N130,000 to N200,0000, including the cost of advertisements in 2 national newspapers.

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.

Do all companies need to be registered?

All limited companies must register with Companies House, who will make the company information publicly available on their website. This means companies must provide the details of who their shareholders and directors are, as well as file a copy of their annual financial accounts.

How much is CAC registration 2021?

According to the Companies Regulations 2021, the filing fees for the Statement are N5,000.00 and N10,000.00 for private and public companies, respectively.

How much does it cost to register a Ltd company?

It costs £12 and can be paid by debit or credit card or Paypal account. Your company is usually registered within 24 hours. If you do not want to use ‘limited’ in your company name you must register by post.

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How do I register for CAC online?

  1. Navigate to services. cac.gov.ng.
  2. Create your Account.
  3. Login to your Account.
  4. Conduct Availability Search.
  5. Register your Business Online.
  6. Download Stamp Document.

How long does it take to register a company with CAC?

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 do you know if a company is registered?

Steps to Check Company Registration Status

  1. Step 1: Go to the MCA website.
  2. Step 2: Go to the ‘MCA Services’ tab. In the drop-down click on ‘View Company /LLP Master Data’.
  3. Step 3: Enter the companies CIN. Enter the captcha code. Click on ‘Submit’.

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