How to Register Your Business Name With Corporate Affairs Commission of Nigeria

Registering your business name with Corporate Affairs Commission of Nigeria can be an uphill task if you are not properly informed on the secret behind the success. However, by following these simple steps, you can personally and easily accomplish this in Nigeria.

Choose uncommon business names. When registering your business name, think up a good business name that is not common. Most business owners have seen their choice business names rejected because they had been already used by another individual. Now, you have to be creative and ingenious about it.Once you have chosen an uncommon business name, you must have saved the headache of going through the whole process again and purchasing of another availability form would have been avoided.

Have an alternative business name. In the CAC availability form, you’ll be required to submit two back up names to your most preferred business name. This is for fear that the one you want has been taken by someone else. You can also have few more business names in mind.

Know the business model you are registering. As you want to register your business name, make sure you’re familiar with the type of business name you’re registering with CAC.The N200 availability form contains the following: Private Limited Company, Public Limited Company (PLC), Unlimited Company (ULTD), Change of name, Company Limited by Guarantee (LTD/GTE), Business Name, Incorporate Trustees. What you want is a business name, so just tick the column box by the slide of the business name.

Avoid using correction fluid on availability form and file. To correct your mistake, simply strike it neatly with a line. This keeps the availability form and file tidy and also saves you time and money.

Never use a business name that require certficate back up. Business names that include words like Consult, Guru, Expert, Technician etc should be avoided. You could be required to provide a certificate backing to prove that you’re well trained in the area of business concerned.If you insist on using the name, then get a partner who has all necessary certificates to use such names and must be from a government approved institution.

Always follow up on your business name form/application. Check after 2-3 weeks to avoid risk of your business name being taken by someone who submitted after you but was following it up more closely.

• Moreover, if you have a business idea and you go ahead to register the business name, even if you spend 2 years perfecting the plan and raising the capital, for it, those 2 years from when the business was registered can count for you as years of experience.
• Secondly, you may have discovered that people and that includes you and I, feel more comfortable paying for services and products into a corporate account with the name of an organisation than paying into Individual accounts. People believe if the account is in a corporate name, the organization can be tracked down if the transaction went foul. If you register your company, you can use the documents to open a corporate account with less stress.
• For one, when it comes to doing serious business, many agencies will never take you serious if your company is not registered.

Call 08053557237 for advise  and to Register your business Name