How To Register Llc In Nigeria

The company has something called corporate personality.

How to register llc in nigeria. 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. It is a legal entity separate from its members or owners. Steps on how to register a business name in nigeria. A private limited liability company has several advantages which include but.

A company is a type of corporate structure whereby the legal status of the business is separated from the proprietor promoter of the business. Requirements to register a limited liability company the first step required by the applicant is to choose two suitable proposed names for the company. To register incorporate a company you need to first know what a company is. This whole process if all things are done right will take not more than 14 days to complete. So please get a legal adviser.

The individual or investor must register a business name or company to carry on any business in nigeria. It is advisable that you register your limited liability company through a lawyer. How to register a company in nigeria. 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. This step is necessary as it helps to reserve the proposed company name for 60days until it is open for use by another person.

Registration of a company. How to register a company in nigeria. This will save you the legal headaches and help you avoid costly mistakes. Requirements to register a limited liability company. The requirements for registering a company in nigeria are straightforward with no intricacies.

General requirements for starting a business in nigeria are as follows. The minimum number of shares that can be registered for a limited liability company is one. 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. The commission in charge of the regulation and supervision of the registration and companies is the corporate affairs commission. How to register a limited liability company in nigeria what is a limited liability company.