Wednesday, October 10, 2018

How To Register Your Companionship Inwards Nigeria

Are you lot thinking virtually setting upwards a business in Nigeria Or Are a trouble concern human being or trouble concern adult woman aspiring for millions of people inwards Nigeria to patronize your products?
Then you lot remove to register your trouble concern names alongside Corporate Affairs Commission  without the services of the legal practitioner, Chartered Accountant or Chartered Secretary.
It is really uncomplicated to register your companionship or trouble concern names inwards Nigeria without stress. 

Just follow the Simple Steps below.  
Firstly, let's expect at 
What is trouble concern Registration? 
Business registration is the physical care for of obtaining legal control to comport trouble concern inside your chosen jurisdiction.
This establishes your trouble concern equally a legal entity. There are many advantages attached to trouble concern registration. 

Benefits Of Business Registration
The First Benefit Is that
Your companionship mention volition non last registered yesteryear someone else, for instance, the mention of my companionship is Instant Solutions Nig LTD,  by the fourth dimension someone else desire register the same mention I used, it volition non last available for that person. 

Certificate of Incorporation
You volition last issued certificate of incorporation yesteryear Corporate  Affairs  Commission (CAC) 

Good Reputation With Customers 
Customers convey trust inwards a registered companionship because they believe they are dealing alongside a reputable organization.

Legal Liability Protection
A registered Company is protected nether the constitution of Federal Republic of Nigeria. But If your trouble concern is non registered, your companionship cannot last legally considered as well as volition non last protected nether whatever grievance procedures. You would last personally held responsible for whatever affair that happened inwards your company. If it non registered. 

Access to Loans In The Banks
When your companionship is registered, accessing loan becomes really slow compare to personal loan application. So far you lot run into their Terms as well as weather condition alongside the necessary supporting documents. 

Hiring Employees
A registered trouble concern has a legal right to offering work to people as well as pay them salaries, wages, incentives, bonuses as well as other benefits.

Steps On How To Register Your Company (Private or Public) In Nigeria 

Step1 
Search for availability of name. 
>>>Walk inwards to whatever nearest Corporate Affairs Commission to obtain Business registration shape to search for your intended/ proposed trouble concern name. 

  • Fill the shape correctly inwards CAPITAL LETTER, it is non hard, only your name, your right address as well as The Names you lot intends to register, score inwards the categories -the type of companionship you lot desire to register  (private or Public) 
  • You convey ii option, Option 1 is your outset pick name, patch alternative ii is the alternative mention should inwards representative the outset pick is non available.
  • Make a Photocopy of the filled shape and Submit the duly completed statutory forms alongside two passport sized photographs attached to the form
  • Check inwards the adjacent 3 to iv days if your mention is available. If not, you lot volition convey to repeat the physical care for until you lot honor a mention that is available for you. 
  • Congratulations If your mention is available.


Step2
Complete pre-registration shape – CAC1.1 (Online option) or (Download as well as fill)
Proceed to Pay the necessary filing fee to CAC as well as Stamp duty fee to Federal Inlands Revenue Service (FIRS) 
Click here to depository fiscal establishment check the fees

Step3
Scan as well as upload the necessary Signed re-create of your pre-registration documents on the Website portal. 

  • Form CAC1.1
  • Memorandum as well as Article of Association (MEMART)
  • Proficiency certificate (where applicable)
  • Recognized shape of identification for Director(s)/ Subscriber(s) as well as Secretary
  • Stamp duty certificate
  • Evidence of payment to CAC


Step4 
Submit the master copy copies of the documents uploaded on the portal (Form CAC1.1, MEMART, etc) to the CAC component you lot had selected inwards telephone commutation for your certificate as well as the Certified True copies of the documents.

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How To Register Your Companionship Inwards Nigeria
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