Business Name Registration

NGN25,000.00

Register Your Business Name in Nigeria with SplashDict

By completing your registration with CAC, you gain legal protection, enhance your brand’s credibility, and unlock access to a business bank account.

Legal Recognition and Protection: A registered business name provides formal recognition, allowing you to operate under a unique, legally protected name. It prevents others from using the same name for their business.
Ownership and Full Control: Owners have complete authority over business decisions. Sole Proprietors enjoy total control, while in General Partnerships, control is shared among partners, with a maximum of 20 partners allowed.
No Separate Legal Entity: A business name does not create a separate legal entity. The business and its owner(s) are legally considered the same, meaning personal liability extends to business debts.
Flexible Structure: A business name is suitable for both Sole Proprietors and Partnerships, offering flexibility based on the number of individuals involved.
Annual Compliance Requirement: Registered businesses must file annual returns with the Corporate Affairs Commission (CAC) to maintain their active status and legal compliance.
Business Name Conversion: A business name can later be converted into a Private Limited Company (LTD) or other entity types if a more complex structure is required.
Taxation: Taxes for Sole Proprietors and Partners are based on personal income rather than being treated as separate corporate taxes.

Proposed Business Names: Submit at least two (2) name options (first choice and alternative) for approval.
Business Objectives: Describe the nature and objectives of your business.
Details of Business Owner(s): Provide personal information, such as full name, address, date of birth, nationality, means of identification, occupation, passport photograph, and signature.
Where the registration to be effected is that of a company, the name and registered office of the company
Business Address: Provide the business address, which can be a home address or a separate business location.

Legal Recognition: Registering your business name gives it formal legal standing, enabling you to operate under a recognized name.
Exclusive Rights to the Name: Registration ensures that your chosen business name is uniquely yours, preventing others from using it for their operations.
Credibility and Trust: A registered business name enhances your credibility, making it easier to build trust with customers, suppliers, and partners.
Access to Certain Services: Some services may require a registered business certificate and TIN, such as opening a business bank account or obtaining certain licenses.
Flexible Operations: Suitable for small-scale businesses or entrepreneurs who want a low-cost, low-maintenance structure.

Here's how SplashDict's team of CAC-accredited Chartered Secretaries can help:

Business Name Registration: Nigerian Business Name Registration with the CAC.
Documentation: We handle all required registration documents.
Transparent Pricing: CAC registration and Filing fees are included with no hidden charges.
TIN: Tax Identification Number issued upon registration.
Quick Turnaround: Receive Certificate of Registration and Status Report within 3-7 business days.
Continuous Support: We assist with future compliance and statutory needs.