STEPS TO REGISTER A COMPANY OR BUSINESS WITH CORPORATE AFFAIR COMMISSION (C.A.C)

Corporate Affair Commission(CAC) is saddled with the right or responsibility of registering, documenting and keeping accurate record of all companies, businesses and corporate bodies.

You need to know this that to start with there are three main categories when registering a business or company name in Nigeria.

1. Business Name e.g Mayo Enterprises, Services, or
Ventures


2. Private Limited Companies
e.g Mayo Nigeria Limited, LTDs

3. Incorporated/Public
Companies e.g Mayo Water
Nigeria PLC

NOTE: The requirements for
registering each differ and
each can be upgraded to the
next Step.

STEPS

1 Choose Your Desired Business Name: This is the name your business would bear and makes it different from all other business.

2. Search For a business name, as in the other two
categories, to register requires
you visit the nearest CAC
office to you, obtain a 'Search
Request Form' for a few
bucks (less than $2), thats about N300.00 and fill it out
with your intended
information like proposed
business name and your
personal infomation as the registrant then
Submit it back to CAC and they will perform the 'search'
which lasts for less than 2
weeks.

3. Register Your Company/Business: For ordinary business name, simply obtain
another documentation form
for about $3 and put all info
mation necessary. At this stage, you
shall have to choose the
businesses' 'statement of object' by which I mean the
type of businesses you intend
to do with the business name.
You can take a maximum of 3
options but ensure its wide
enough to cover all your business deals.