How To Register Llc In Nigeria

The advantage of registering your business in nigeria is that no other person business or establishment is allowed to use your name or trade mark in the eyes of the law unless you permit such person s.

How to register llc in nigeria. Requirements to register a limited liability company. How to register a company in nigeria. Registration of a company. Requirements to register a limited liability company the first step required by the applicant is to choose two suitable proposed names for the company. Choose a business name.

General requirements for starting a business in nigeria are as follows. The steps for company registration in nigeria include. This step is necessary as it helps to reserve the proposed company name for 60days until it is open for use by another person. This will save you the legal headaches and help you avoid costly mistakes. The minimum number of shares that can be registered for a limited liability company is one.

A private limited liability company has several advantages which include but. It is advisable that you register your limited liability company through a lawyer. How to register a company in nigeria. Having stated the 4 types of companies available for registration in nigeria it is very relevant to further restate that among all the 4 types of companies mentioned private limited liability companies are the most widely used form of business enterprise in nigeria. An llc or private company limited by shares is an ideal type of company for any investor seeking to invest in nigeria.

Steps on how to register a business name in nigeria. Where this is done an availability check will be conducted on the cac online portal to find out if the name is available and not already in use. This whole process if all things are done right will take not more than 14 days to complete. The individual or investor must register a business name or company to carry on any business in nigeria. The commission in charge of the regulation and supervision of the registration and companies is the corporate affairs commission.

The first major step during incorporation of a company online with cac is by filing for a name reservation online. How to register a limited liability company in nigeria what is a limited liability company. It is a legal entity separate from its members or owners. So please get a legal adviser. How to register a limited liability company in nigeria.