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Can I Run A Proper Business With Just A Name From CAC? - Business - Nairaland

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Can I Run A Proper Business With Just A Name From CAC? by Thirdwrist(m): 7:24pm On May 03, 2016
I want to start an advertising company self funded. But the challenge is that my funds aren't that much, I called CAC today and asked them how much it was to get a business name and they replied "N10,700" then I asked for opening a limited liability company and they said N70,000.

So what I want to know is if I can just register the business name and begin working and then register the limited liability company later. The advert business idea isn't new though an amazing one, if I open one with just a business name is it adviceble? Can transact with other companies with just the name?
Please advise me.
I reside in Abuja. Thank you in advance.
Re: Can I Run A Proper Business With Just A Name From CAC? by SHOT(m): 2:00pm On May 17, 2016
Yes, u can start up your business with just a registered name. Then do the limited liabilty registration later as u expand (thats if u need to)
Re: Can I Run A Proper Business With Just A Name From CAC? by fretfingers: 6:00pm On May 17, 2016
SHOT:
Yes, u can start up your business with just a registered limitations. Then do the limited liabilty registration later as u expand (thats if u need to)

Hmmm... Do u mean without a physical building its possible?
Re: Can I Run A Proper Business With Just A Name From CAC? by SHOT(m): 6:43am On May 26, 2016
Sure its possible, all u need is an address..
Its too bad dt CAC does nt verify addresses
Re: Can I Run A Proper Business With Just A Name From CAC? by DeConsultant: 8:16pm On Mar 10, 2017
According to the Federal Government drive to making the cost of doing business cheap in Nigeria, do you know that registering a business name, limited liability companies and other allied dealing with the Corporate Affairs Commission is now very easy & faster and can be done by the first directors, proprietors and trustees (promoters).
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