Registering your business with the Corporate Affairs Commission (CAC) in Nigeria involves several steps. Here's a step-by-step guide:

1. Choose a Business Name: Decide on a unique name for your business. Ensure it complies with CAC guidelines, which typically include avoiding prohibited words and ensuring it's not similar to existing registered business names.

2. Conduct a name availability search: Check if your chosen business name is available for registration by conducting a name availability search on the CAC website or by visiting a CAC office. Contact BENNY CONSULT to check your business name availability

3. Prepare the required documents: Gather the necessary documents for registration, which typically include:
Completed CAC Form CAC1.1 (Availability Check and Reservation of Name)
Memorandum and Articles of Association for Companies
Forms for registration of business name or incorporation, depending on your business structure
means of identification (e.g., national ID card, international passport, driver's license)
Passport photographs
- Evidence of payment of filing fees

4. Complete Application Forms: Fill out the necessary application forms. These forms can be obtained from the CAC office or downloaded from the CAC website.

5. Pay Registration Fees: Pay the required registration fees. Fees vary depending on the type and structure of the business.

6. Submit Documents to CAC: Submit the completed application forms along with the required documents to the nearest CAC office. Ensure all forms are accurately filled out and signed.

7. Receive a Certificate of Incorporation/Registration: Once your application is processed and approved, you'll receive a Certificate of Incorporation for companies or a Certificate of Registration for business names. This document serves as proof of your business registration with the CAC.

8. Register for Tax Purposes: After obtaining your CAC certificate, register your business with the Federal Inland Revenue Service (FIRS) for tax purposes. You'll be issued a Tax Identification Number (TIN).

9. Open a Business Bank Account: Use your CAC certificate and TIN to open a business bank account in the name of your registered business.

10. Compliance with Regulatory Requirements: Ensure ongoing compliance with all regulatory requirements, including filing annual returns and updating changes to your business details with the CAC.

It's advisable to seek professional advice or assistance from legal experts or business consultants if you're unsure about any aspect of the registration process. Contact BENNY CONSULT for more information. 09039671585

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How much does it cost for the CAC for Biz Name & TIN