How To Register Llc In Nigeria
Requirements to register a limited liability company.
How to register llc in nigeria. These steps to register a business in nigeria apply whether you are registering an enterprise or a limited liability company. The first major step during incorporation of a company online with cac is by filing for a name reservation online. The company has something called corporate personality. The requirements for registering a company in nigeria are straightforward with no intricacies. How to register a company in nigeria.
How to register a company in nigeria. The steps for company registration in nigeria include. The individual or investor must register a business name or company to carry on any business in nigeria. An llc or private company limited by shares is an ideal type of company for any investor seeking to invest in nigeria. The standards organisation of nigeria son.
Requirements to register a limited liability company the first step required by the applicant is to choose two suitable proposed names for the company. The advantage of registering your business in nigeria is that no other person business or establishment is allowed to use your name or trade mark in the eyes of the law unless you permit such person s. How to register a limited liability company in nigeria what is a limited liability company. How to register a limited liability company in nigeria. A company is a type of corporate structure whereby the legal status of the business is separated from the proprietor promoter of the business.
To register incorporate a company you need to first know what a company is. The limited liability company llc is the most important unit of business organisations in nigeria. Where this is done an availability check will be conducted on the cac online portal to find out if the name is available and not already in use. Choose a business name. A private limited liability company has several advantages which include but.
So please get a legal adviser. Registration of a company. Having stated the 4 types of companies available for registration in nigeria it is very relevant to further restate that among all the 4 types of companies mentioned private limited liability companies are the most widely used form of business enterprise in nigeria. This will save you the legal headaches and help you avoid costly mistakes. This step is necessary as it helps to reserve the proposed company name for 60days until it is open for use by another person.