Registering your business with the Corporate Affairs Commission (CAC) makes it legal, credible and able to open a corporate bank account. Here's a straightforward guide to how it works in Nigeria.
Business name vs. limited company
A business name (enterprise) is simplest and cheapest — ideal for sole proprietors and small businesses. A private limited company (Ltd) is a separate legal entity that offers limited liability and looks more established to banks, partners and clients.
The steps to register
- Choose and reserve an available business/company name.
- Prepare the required details and documents.
- Complete the CAC application and pay the fees.
- Receive your certificate and registration documents.
What you'll need
Typically: proposed names, details and valid IDs of the proprietor(s) or directors and shareholders, a business address, and (for companies) the share capital and objects of the business.
How long does it take?
A business name is often ready within a few working days; a limited company usually within one to two weeks, depending on CAC timelines and name availability.
Let Topweb handle it for you
Skip the queues and paperwork. Topweb Technologies handles fast, accurate CAC registration and post-incorporation services in Abuja and across Nigeria — so you can focus on your business.