BUSINESS REGISTRATION IN NIGERIA SIMPLIFIED

TABLE OF CONTENTS

Introduction

Are you a business owner? Read this!

1. Nigeria Corporate Registry- The CAC

2. What Is CAC?

3. What Is The Importance of CAC Registration?

4. Which Category of CAC Registration Is Ideal For My Business?

5. Five (5) Misconceptions About CAC Registration

6. CAC No. 1 Requirements On Business Registration

7. How To Carry Out A Search On the CAC Portal

8. Tips To Ensure Name Reservation Is Not Denied

9. Reservation Of Business Name

10. Pre-Incorporation Stage

11. How To Answer Queries During Registration.

12. How To Get A Tax Identification Number (TIN) For Free?

13. Importance Of SCUML Certificate For Your Business and Why It Is Compulsory

14. Now You Have Finished CAC Registration! What Next?

15. Requirements To Set Up A Corporate Account In Any Bank Of Your Choice

16. Post-Incorporation

17. How Do I Verify That My Company Has Been Registered To Be Sure It's Genuine?

18. Filing Annual Return For Your Company

19. How To Avoid Dashing CAC N5000 As A Penalty For Defaulting on Annual Returns Filing For Your Business

20. What Is The Minimum Number Of Shares Of Capital I Can Have For My Company?

21. Important Note

22. How To Monetize Your CAC Registration Skills and Profit Largely?

23. How To Get Your First $100 Client?

24. How To Set Up Payment Pages To Receive Payments From Your Customers Without A Website From Any Part of The World.

25. Online Platforms To Market Your Goods and Services.

26. 12 Helpful Websites That Will Save You 100s Of Hours + Change Your Life.

27. Access To Great Business Websites You Can Learn Business Insights & Grow As An Entrepreneur

28. Get SMEDAN Certificate and Access Federal Government Loans For Your Business

29. Access To Mentorship & Support Group

30. References

31. About The Author

INTRODUCTION

Congratulations! You’re welcome on board. Let’s get you started… One key thing individuals, companies, groups, families, and organizations always set out to accomplish is goals or targets to accomplish which are mainly to start a new project or complete the ones started years ago.

These projects could be to start a new business or improve existing ones, build a brand, launch a company or develop new products/services. Great projects indeed, but…

- The first question is DO I REALLY NEED TO REGISTER MY BUSINESS tied to this project?

- The second question IS YOUR BUSINESS READY TO RECEIVE FUNDING AS WE SPEAK?

Are you asking yourself the same questions as you start that business now?

Don’t worry! I got you covered!

Just read with apt attention and get all these questions answered, and see the benefits that await you.

For the first question….

Five things registration of your business with the CAC will do for you:

1. It will help you source funds for expansion.

2. It will give you access to government support.

3. It will help you operate in a more standardized/structured way and secure your business name.

4. It will separate you from every other business.

5. It will position you to be assisted by agencies like SMEDAN

For the second question…

Most funding opportunities go to only businesses registered with the Corporate Affairs Commission (CAC). Register your business today and get access to the funding you need to grow your business.

Please note that it does not matter the kind of business you're into; you need this CAC certificate to scale.

ARE YOU A BUSINESS OWNER? READ THIS!

If, as a new business owner, none of these THOUGHTS have crossed your mind, read through for business insights and get ready for action.

Thought 1: Want to be known as a legal business entity…

Thought 2: Want to own a Tax Identification Number (TIN) for your business…

Thought 3: Want to start receiving monies into a company account as a business owner…

Open a business bank account at any commercial bank or micro-finance bank.

Thought 4: Want to apply for a loan at the bank to improve your business cash flow…

Focus on having a good business relationship with your bank and improving your credit

ratings first.

" /> TABLE OF CONTENTS

Introduction

Are you a business owner? Read this!

1. Nigeria Corporate Registry- The CAC

2. What Is CAC?

3. What Is The Importance of CAC Registration?

4. Which Category of CAC Registration Is Ideal For My Business?

5. Five (5) Misconceptions About CAC Registration

6. CAC No. 1 Requirements On Business Registration

7. How To Carry Out A Search On the CAC Portal

8. Tips To Ensure Name Reservation Is Not Denied

9. Reservation Of Business Name

10. Pre-Incorporation Stage

11. How To Answer Queries During Registration.

12. How To Get A Tax Identification Number (TIN) For Free?

13. Importance Of SCUML Certificate For Your Business and Why It Is Compulsory

14. Now You Have Finished CAC Registration! What Next?

15. Requirements To Set Up A Corporate Account In Any Bank Of Your Choice

16. Post-Incorporation

17. How Do I Verify That My Company Has Been Registered To Be Sure It's Genuine?

18. Filing Annual Return For Your Company

19. How To Avoid Dashing CAC N5000 As A Penalty For Defaulting on Annual Returns Filing For Your Business

20. What Is The Minimum Number Of Shares Of Capital I Can Have For My Company?

21. Important Note

22. How To Monetize Your CAC Registration Skills and Profit Largely?

23. How To Get Your First $100 Client?

24. How To Set Up Payment Pages To Receive Payments From Your Customers Without A Website From Any Part of The World.

25. Online Platforms To Market Your Goods and Services.

26. 12 Helpful Websites That Will Save You 100s Of Hours + Change Your Life.

27. Access To Great Business Websites You Can Learn Business Insights & Grow As An Entrepreneur

28. Get SMEDAN Certificate and Access Federal Government Loans For Your Business

29. Access To Mentorship & Support Group

30. References

31. About The Author

INTRODUCTION

These projects could be to start a new business or improve existing ones, build a brand, launch a company or develop new products/services. Great projects indeed, but…

- The first question is DO I REALLY NEED TO REGISTER MY BUSINESS tied to this project?

- The second question IS YOUR BUSINESS READY TO RECEIVE FUNDING AS WE SPEAK?

Are you asking yourself the same questions as you start that business now?

Don’t worry! I got you covered!

Just read with apt attention and get all these questions answered, and see the benefits that await you.

For the first question….

Five things registration of your business with the CAC will do for you:

1. It will help you source funds for expansion.

2. It will give you access to government support.

3. It will help you operate in a more standardized/structured way and secure your business name.

4. It will separate you from every other business.

5. It will position you to be assisted by agencies like SMEDAN

For the second question…

Most funding opportunities go to only businesses registered with the Corporate Affairs Commission (CAC). Register your business today and get access to the funding you need to grow your business.

Please note that it does not matter the kind of business you're into; you need this CAC certificate to scale.

ARE YOU A BUSINESS OWNER? READ THIS!

If, as a new business owner, none of these THOUGHTS have crossed your mind, read through for business insights and get ready for action.

Thought 1: Want to be known as a legal business entity…

Thought 2: Want to own a Tax Identification Number (TIN) for your business…

Thought 3: Want to start receiving monies into a company account as a business owner…

Open a business bank account at any commercial bank or micro-finance bank.

Thought 4: Want to apply for a loan at the bank to improve your business cash flow…

Focus on having a good business relationship with your bank and improving your credit

ratings first.

" /> TABLE OF CONTENTS

Introduction

Are you a business owner? Read this!

1. Nigeria Corporate Registry- The CAC

2. What Is CAC?

3. What Is The Importance of CAC Registration?

4. Which Category of CAC Registration Is Ideal For My Business?

5. Five (5) Misconceptions About CAC Registration

6. CAC No. 1 Requirements On Business Registration

7. How To Carry Out A Search On the CAC Portal

8. Tips To Ensure Name Reservation Is Not Denied

9. Reservation Of Business Name

10. Pre-Incorporation Stage

11. How To Answer Queries During Registration.

12. How To Get A Tax Identification Number (TIN) For Free?

13. Importance Of SCUML Certificate For Your Business and Why It Is Compulsory

14. Now You Have Finished CAC Registration! What Next?

15. Requirements To Set Up A Corporate Account In Any Bank Of Your Choice

16. Post-Incorporation

17. How Do I Verify That My Company Has Been Registered To Be Sure It's Genuine?

18. Filing Annual Return For Your Company

19. How To Avoid Dashing CAC N5000 As A Penalty For Defaulting on Annual Returns Filing For Your Business

20. What Is The Minimum Number Of Shares Of Capital I Can Have For My Company?

21. Important Note

22. How To Monetize Your CAC Registration Skills and Profit Largely?

23. How To Get Your First $100 Client?

24. How To Set Up Payment Pages To Receive Payments From Your Customers Without A Website From Any Part of The World.

25. Online Platforms To Market Your Goods and Services.

26. 12 Helpful Websites That Will Save You 100s Of Hours + Change Your Life.

27. Access To Great Business Websites You Can Learn Business Insights & Grow As An Entrepreneur

28. Get SMEDAN Certificate and Access Federal Government Loans For Your Business

29. Access To Mentorship & Support Group

30. References

31. About The Author

INTRODUCTION

These projects could be to start a new business or improve existing ones, build a brand, launch a company or develop new products/services. Great projects indeed, but…

- The first question is DO I REALLY NEED TO REGISTER MY BUSINESS tied to this project?

- The second question IS YOUR BUSINESS READY TO RECEIVE FUNDING AS WE SPEAK?

Are you asking yourself the same questions as you start that business now?

Don’t worry! I got you covered!

Just read with apt attention and get all these questions answered, and see the benefits that await you.

For the first question….

Five things registration of your business with the CAC will do for you:

1. It will help you source funds for expansion.

2. It will give you access to government support.

3. It will help you operate in a more standardized/structured way and secure your business name.

4. It will separate you from every other business.

5. It will position you to be assisted by agencies like SMEDAN

For the second question…

Most funding opportunities go to only businesses registered with the Corporate Affairs Commission (CAC). Register your business today and get access to the funding you need to grow your business.

Please note that it does not matter the kind of business you're into; you need this CAC certificate to scale.

ARE YOU A BUSINESS OWNER? READ THIS!

If, as a new business owner, none of these THOUGHTS have crossed your mind, read through for business insights and get ready for action.

Thought 1: Want to be known as a legal business entity…

Thought 2: Want to own a Tax Identification Number (TIN) for your business…

Thought 3: Want to start receiving monies into a company account as a business owner…

Open a business bank account at any commercial bank or micro-finance bank.

Thought 4: Want to apply for a loan at the bank to improve your business cash flow…

Focus on having a good business relationship with your bank and improving your credit

ratings first.

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BUSINESS REGISTRATION IN NIGERIA SIMPLIFIED