Business Name Registration

NGN25,000

Register Your Business Name with CAC

Protect your brand, open a corporate bank account, and boost credibility by registering your Business Name with the Corporate Affairs Commission (CAC) in Nigeria.

NGN25,000

Register Your Business Name in Nigeria with Ease

Here’s how SplashDict’s CAC-accredited experts assist you:

Filing & Documentation: We prepare and submit all required documents to CAC on your behalf.
Official Documents: Receive your Certificate of Business Name Registration, CAC Status Report, and auto-generated Tax Identification Number (TIN).
Transparent Pricing: No hidden fees—all CAC filing and professional handling costs included.
Fast Processing: Completed within 2 to 10 business days.
Ongoing Support: We assist with future regulatory and statutory needs.

Benefits of Sole Proprietorship Business Name

Key Features of Business Name Registration

Legal Recognition: A registered Business Name gains formal status under the Corporate Affairs Commission (CAC), establishing it as a recognized entity in Nigeria.
Ownership Structure: Offers sole proprietors full control or allows up to 20 partners in a general partnership to share decision-making authority.
No Separate Entity: The business and its owner(s) are legally one, meaning personal liability applies to business obligations.
Flexible Setup: Ideal for small-scale entrepreneurs or partnerships needing a simple, adaptable structure.
Annual Compliance: Requires filing annual returns with CAC to maintain active status and avoid penalties.
Business Name Conversion: Can later be converted into a Private Limited Company (LTD) or other entity types.
Tax Simplicity: Taxes are levied on the owner’s personal income, avoiding corporate tax complexities.

Requirements for Registration of Business Name with CAC

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.

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Benefits of Sole Proprietorship Business Name Registration

Benefits of Business Name Registration

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.