Sole Proprietorship Business Name Registration

Sole Proprietorship Registration

NGN25,000

Register Your Sole Proprietorship Business Name with CAC

A Sole Proprietorship is owned and managed by one individual. While it doesn’t create a separate legal entity, it allows you to conduct business under a unique name that is distinct from your personal name.

This structure is ideal for individual entrepreneurs, freelancers, artisans, traders, consultants, and service providers who want quick legal recognition and a professional identity without complex requirements.

Service Fee (All inclusive):

NGN25,000

Start Sole Proprietorship Business in Nigeria

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

  • Filing & Documentation: We handle filings and required documents for registration of Business Name with CAC.

  • Name Availability Check & Reservation: We conduct a CAC name search and reserve your preferred business name.

  • Official Confirmation: Receive Certificate of Registration (with Tax Identification Number) and CAC Status Report.

  • Transparent Pricing: Covers CAC fees and our service fee with no hidden charges.

  • Fast Processing: Completed within 2 to 10 working day(s), depending on CAC approval.

  • Secure Document Access: Your incorporation documents are securely stored online, accessible for free anytime, no need to pay CAC for re-downloads.

  • Ongoing Support: Get expert help from our Chartered Secretary and compliance team for all regulatory needs.

Get Started now!

Sole Proprietorship Registration

Why Register a Sole Proprietorship Business Name?

Registering a sole proprietorship business name, also known as a DBA (Doing Business As), provides legal recognition for your business, allowing you to operate under that name and build a brand identity. It also establishes a formal structure for your business, which can be crucial for building trust with customers, opening a business bank account, or securing contracts.  

  • Simple Structure, Flexible Operations: Sole Proprietorship registration is ideal for small-scale businesses, startups, and freelancers looking for a low-cost, low-maintenance structure.

  • Legal Identity: Your business gets a formal, recognized name under Nigerian law, allowing you to operate officially.

  • Professional Credibility: Essential for opening business bank accounts, applying for basic licenses, and building trust with clients and vendors.

  • Exclusive Name Rights: Your registered name is reserved under CAC and protected from being used by others.

  • Tax Simplicity: Profits are generally treated as personal income of the owner, simplifying tax filings compared to corporate structures.

  • Annual Compliance Requirements: After registration, you're required to file Annual Returns with CAC to maintain your "Active" status and avoid penalties. 

CAC Registration Service

Requirements for Registering a Sole Proprietorship 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: 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.

Start Business Name Registration

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