Register Your Small Business Name

If you choose to use Toria Brands agency for your business name registration in Nigeria, the process will be simpler. You will need to provide your proposed business name, company address, contact details, and identification documents to Toria Brands. We will conduct a name search to confirm that your proposed business name is available for registration and complete the CAC Form on your behalf. 

Registering a company in Nigeria offers several benefits, including:

• Legal recognition: A registered company in Nigeria has legal recognition and can conduct business transactions, sign contracts, and sue or be sued in court.
• Limited liability protection: A registered company in Nigeria provides limited liability protection to its owners, which means that the personal assets of the owners are protected in case of business debts or legal issues.
• Access to business opportunities: A registered company in Nigeria can participate in government contracts and tenders, access loans and funding, and compete for business opportunities.
• Brand protection: Registering a company name in Nigeria protects the brand identity and prevents other businesses from using the same name or operating in the same field.
• Tax benefits: Registered companies in Nigeria are eligible for tax deductions and benefits, which can reduce the overall tax burden on the business.
• Increased credibility: A registered company in Nigeria is perceived as more credible and trustworthy than an unregistered business, which can help attract more customers and investors.

To register a business name in Nigeria, you need to meet the following requirements:

1. Unique name: Your proposed business name must be unique and not already registered or in use by another business.

2. Applicant’s details: You must provide your full name, address, email address, and phone number as the applicant.

3. Two directors: You need to provide the names, addresses, and other details of at least two directors of the business.

4. Nature of business: You need to provide a brief description of the nature of your business and the type of services or products you offer.

5. Address of the business: You must provide the address of your business, which can be a physical location or a virtual office address.

6. Means of identification: You need to provide a means of identification for all directors, such as a national identity card, driver’s license, or international passport.

7. Payment: You need to pay the registration fee, which varies depending on the type of business entity and the state where the registration is taking place.

8. Completed application form: You need to complete the CAC 1.1 Form, which is the application form for business name registration in Nigeria.

It’s important to note that the specific requirements for business name registration may vary depending on the state where the registration is taking place, and it’s always recommended to seek the advice of a professional agency like Toriabrands to ensure that you meet all the necessary requirements

he time it takes for the Corporate Affairs Commission (CAC) to approve a business name registration in Nigeria can vary depending on several factors, including the workload of the commission and the completeness of the application submitted.

In general, the CAC’s processing time for business name registration ranges from one to four weeks. However, it’s not uncommon for the process to take longer, especially if there are issues with the application or the proposed business name.

To ensure a faster turnaround time, it’s important to submit a complete and accurate application, with all the necessary information and documentation. Using a professional agency like Toriabrands can also help ensure a faster process as they have expertise in business name registration and can help you navigate the process more efficiently.