The Corporate Affairs Commission of Nigeria (CAC), established in 1990. It is an autonomous body charged with the responsibility of regulating the formation and management of companies in Nigeria.
In past years, business name registration in Nigeria was quite burdensome and stressful. It would take several days and a lot of paperwork to get it done. We can be glad now that its quite easy and doesn’t require that much stress to get it done and get your business registered in Nigeria
How do you now reserve your business name, let’s go
1. Visit the homepage services.cac.gov.ng.
2. Click on Reserve a Name.
If you haven’t sign up with your details in the site before, you will be required to do so first by opening an account with them before you’re able to continue with your reservation of business name.
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If you’re a registered user, all you have to do is to login with your details. There is also an option to sign up at the bottom if you are not registered yet after which a verification mail will be sent to your email.
3. Start Filling your business Registration Forms
The information required to be completed includes:
Proposed Names of the Business
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Your application has started with the Corporate Affairs Commission (CAC)
and you will have to suggest two different names for your business. The CAC will conduct a search in its database to ensure that the name is not already in use or no similar name already in use.
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General Nature of the Business
Address of the Business Name, Address, Occupation and other details of your business
4. After filling your form, the next page you will see is the payment section. Click on “Proceed to Payment”.You’re required to remit N500 for your reservation.
In Conclusion, Note that All valid name reservation applications received before 2pm on working days will receive response within 4 hours. Users are encouraged to check their accounts and email for acceptance after submission.
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