General Partnership Business Name Registration

Partnership Business Name Registration

NGN25,000

Register Your General Partnership Business Name with CAC

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

Service Fee (All inclusive):

NGN25,000

Register Your General Partnership 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.

Register Your Business Name

Features of General Partnership Business Name Registration

  • Legal Recognition and Protection: A registered business name provides legal recognition, allowing you to operate under a formal name.

    It ensures that you have exclusive rights to use the name, protecting your business identity from being used by others.

  • Ownership and Full Control: The owner(s) of the business have full control over decision-making. Control is shared among the partners (a General Partnership can have up to 20 partners).

  • No Separate Legal Entity: Unlike a company, a business name does not create a separate legal entity. The business and its owner(s) are considered one in the eyes of the law, meaning owners are personally liable for any debts incurred by the business.

  • Partnership Agreement: Not legally required but recommended to define roles, profit-sharing, dispute resolution, and procedures for adding or removing partners.

  • 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 be converted into a Private Limited Company (LTD) or other types of entities if the need arises for a more complex structure in the future.

  • Taxation: Tax in Sole Proprietors and Partners are applied to the personal income of the owner(s).

Requirements for General Partnership Business Name Registration

  • 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 Owners: 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.

Get Started

Benefits of General Partnership Business Name Registration

  • Raising Capital: It is easier to raise capital by admitting new partners. Existing partners can contribute additional capital as needed.

  • 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.

Business Name Registration Service

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