Step-by-step guide on how to register a business name online in Nigeria through CAC

Registering a business name in Nigeria can be done in several ways. This article provides a guide on how to register a business name online in Nigeria through the Corporate Affairs Commission (CAC). The process can be completed without the need for legal representatives. All you need is an internet connection to get started.

Key takeaways

• Learning how to register a business name online in Nigeria starts at the CAC portal, www.cac.gov.ng.
• Perform a name check to ensure your business name is unique.
• The fee for registering a business name is N10,000.

How to register a business name online in Nigeria

The Corporate Affairs Commission (CAC) is responsible for registering business names in Nigeria. It checks if the name is unique, and once approved, facilitates the registration process. Upon completion, the CAC issues a certificate as proof of registration. You can register through their website, physical offices, or accredited agents.

The CAC ensures your business is legal and recognized by the government. The business name registration process is so simple that you can complete it online by yourself.

Here is a step-by-step guide on how to register a business name online in Nigeria through the CAC:

Step 1: Visit the CAC Portal

• Visit the CAC registration portal; pre.cac.gov.ng
• All online business name registrations are done here.

Step 2: Create an account

• Click on “Sign Up” to create a new user account.
• Enter your email address and create a secure password.
• Confirm your email for a Corporate Affairs Commission registration portal login.

Step 3: CAC business name search

• Click on “Name Search”
• Enter your chosen business name
• The search sifts through a list of registered business names in Nigeria to check for similarities.
• If your name is similar to any in the list of registered companies in Nigeria with CAC, choose a new one.
• Once completed, begin reserving your business name.

Step 4: Apply for a business name reservation

• On your dashboard, click on “Name Reservation.”
• Type in your preferred business name.
• Pay the reservation fee using a debit card or online payment.
• Submit the name for review and approval.
• Wait 24–48 hours for feedback from the CAC.

Step 4: Fill in the business registration form

After name approval, return to the portal and click on “Business Name Registration.”

Provide details such as:

• Your reserved business name
• Business type (e.g., retail, consulting, services)
• Your full name, address, and contact info
• Details of other owners, if it's a partnership

Step 5: Upload supporting documents

Upload scanned copies of:

• A valid ID (National ID, Driver’s License, or International Passport)
• A recent passport-sized photo of the business owner(s)
• Any other required documents based on your business category

Step 6: Make payment online

• The portal will calculate your registration fees.
• Pay using your debit card or internet banking platform.
• Ensure your payment is successful and a receipt is generated.

Step 7: Final review and submission

• Go through all the information you’ve entered.
• Make sure documents are correctly uploaded and clear.
• Click “Submit” to complete your registration.

Step 8: Await confirmation

• The CAC will now review your entire application.
• If everything checks out, they will approve it.
• This usually takes a few working days.

Step 9: Download your registration certificate

• Once approved, log back into your dashboard.
• Download and save your official Certificate of Registration.
• Print a copy for your records if needed.

Step 10: Launch your business

With your certificate, your business is now legally recognized.

You can:

• Open a business bank account
• Apply for grants or loans
• Start operations legally and confidently
• Enjoy the convenience of completing everything online.

Registering your business name by visiting the CAC offices

Besides online registration, you can also register your business in person at any CAC office. Walk-in registration is straightforward: visit the nearest office and fill out the required form. Submit your chosen business name for approval, pay the registration fee, and provide a valid ID along with passport photos.

Once your application is approved, you will receive a certificate of registration. This gives your business legal status and allows you to operate officially.

Business name registration using an accredited CAC agent

Registering through an accredited CAC agent is quick and convenient. The agent handles the entire process for you; just provide your details and required documents. They will reserve your business name, submit the necessary forms, and collect your certificate on your behalf.

This option is ideal if you're busy or unfamiliar with the registration process. While it comes at an additional cost, it saves you time and effort.

How to register a business name in Nigeria online for free

Free business name registration in Nigeria is not entirely available, as a small fee is always required. All methods of registering a business name involve some cost, with the most affordable option being through the Corporate Affairs Commission (CAC).

While often referred to as "free," CAC registration still involves a minimal fee and can be completed either online or in person at their offices.

Can I register my business name by myself in Nigeria?

Yes, you can register your business name in Nigeria without hiring a lawyer or consultant. The process is simple and can be completed on your own. Just visit the CAC website or go to any CAC office to get started. It’s a cost-effective and straightforward option.

How much does it cost to register a business name in Nigeria?

Registering a business name in Nigeria officially costs N10,000, payable through the CAC online portal. Before that, you’ll need to reserve your business name, which typically costs N500. These are standard fees set by the Corporate Affairs Commission and are required to complete the registration process.

Can I register my business online in Nigeria?

Yes, you can easily register your business online in Nigeria using the Corporate Affairs Commission (CAC) portal. The entire process is digital, allowing you to complete your registration from anywhere.

How to check if a business name is available for free in Nigeria?

Visit the CAC portal, log in with your username and password and click on "Name Search". Enter your chosen name and check if any registered business have a similar name.

How many days does it take to register a business name in Nigeria?

In Nigeria, business name registration typically takes between 24 to 72 hours, or about 2 to 3 working days. This timeline is set by the Corporate Affairs Commission (CAC) and applies once all requirements are correctly submitted.

What does DBA stand for?

DBA means "Doing Business As." It allows a business to use a name that’s different from its officially registered name. This lets you operate under a more brand-friendly or unique name while still being legally tied to your original business entity. It’s a legal and recognized way to trade.

Learning how to register a business name online in Nigeria can speed up the launch of your business. The process is straightforward, and you can receive your certificate within 72 hours. Be sure to check that your chosen business name is unique and not already in use.

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Source: Legit.ng