How To Register A Business Venture In Nigeria
You also have to ensure that the name you pick is related to the products service your business will be dealing in.
How to register a business venture in nigeria. Now the easy steps to register a business in nigeria. You can conduct the registering of your business by yourself using the cac online portal. A joint venture is business model that is highly under utilised in nigeria particularly among indigenous nigerian business organisations. Pick a business name. This means you have to take your.
Company and business name. The first step required from every person or entity doing business in nigeria is registering a company in nigeria. 1 create an account on the cac portal. The option chosen by the entrepreneur depends on some key parameters which are outlined in the table below for guidance. This is because it has to be unique catchy and salesy.
An individual seeking to engage in a little business venture may also register a business name in nigeria. Nowadays the business registration process can easily be carried out online via cac company online registration portal with the assistance of an accredited lawyer to attest to the requisite incorporation documents. Now you may want to know how much it cost to register a business name in nigeria. For profit making ventures there are two main avenues of registration available at the corporate affairs commission. Parties to a joint venture agreement in nigeria can be individuals or incorporated bodies.
Registering a business name means you have incorporated your business. You can start your business name registration process online also. Steps to register a business in nigeria step 1. The rationale behind the joint venture is that every person or business entity has greater strength resource and comparative advantage to deliver on a key component required for the effective delivery of a. It is very important that the various aspects listed above are carefully documented.
To register a business name for a sole proprietorship business all you have to do is walk to the cac offices located across the states and register your desired business name. Which means your business is now an enterprise venture or limited. Here are the steps you now have to take effect the registration of your business. Distributorship business opportunities in nigeria the business of distribution in nigeria is one of the most profitable businesses one can venture into and you will never regret becoming a distributor most newly emerging companies situated in the cities like abuja lagos fct kano aba onitsha and sub urban areas are in constant search of reliable distributors. When registering a business you must have your office with known address you must also have your business letter head with logo and your business official stamp.