1. Your Unique Company name

One great advantage of having your company registered with the local, state or federal government is to ensure your company name is not registered by someone else. You should always have it in mind that if your company name is “Make Abbey Ltd” and someone else has already registered “Make Abbey”, you can’t register “Make Abbey Ltd” because the name is similar to “Make Abbey”. So always strive to register your company name before someone else snaps it from you.

Fact #1: Registering your business name is number one priority for business people. So, whether you are ready to do business now or later, it helps to register your company name as the first step.

2. Certificate of Incorporation

You will be issued certificate of incorporation by the appropriate government agency. In Nigeria the Federal Government of Nigeria issues through Corporate Affairs Commission (CAC), government agency empowered to register companies and issue certificates.

Fact #2: Do you know that having a registered Company certificate can help you to procure visa with ease? Yes, it does. So, before your next visa interview, register your company.

3. Reputation With Customers

Building reputation especially from customers and clients you’ve never done business before is very difficult. Registering your business gives your potential customers confidence that they are dealing with a reputable organization. If your business is online based and you have the option of customers paying to your company account before you can ship the goods or services, having a registered business together with a corporate account give more credibility and trust.

Fact #3: You looks like a serious and responsible business savvy with BN/RC number on your proposal to new customers

4.Account Opening in Your Company Name

Another great benefit of registering your company name is to use it to open corporate account in your company name. Having corporate account give you more credibility and trust from your customers, bank, suppliers and other business partners.

Fact #4: Banks can only register corporate Account for Incorporated Company.

5. Legal Liability Protection

When you register your business as Limited Liability Company, you are a different entity from your company. You also get legal liability protection. If you incorporate, you will not be held personally responsible for certain accidents and other liabilities.
If you obtained loan and you defaulted in payment, your bank will not seize your property except the company asset because you are protected from such incidence.

Fact #5: Limited liability company gives immunity to business owners in case of damages

6. Getting Loans

When your company is registered, accessing loan becomes very easy compare to personal loan application. With your documents, you are going to have to prove that you’re actually a business. This gives credibility and trust and also ensures confidence and your investors or lenders will see that they are dealing with a company and will be willing to do lend you money if other terms and conditions are made.

Fact #6: Certificate of Incorporation makes a business loan worthy

7. Continuity

I love this part so much. Before starting by business, I asked myself this question, “What kind of company do I want to build? I would go into fantasy and envisaging my wife will be the MD, bla bla bla. Is it a company that continues when I’m dead or company that dies with me?” The answer is obvious, company that continues even when I am not around. So if you register your business, one of the benefits is that even if you’re dead or become incapacitated, your business continues especially when you have the right structure in place.

Fact #7: Registering your business makes you transgenerational.

8. Hiring Employees

A registered business can employ full-time employees and pay them salaries and other benefits. You have the opportunity to seek for intern especially from National Youth Service Commission or Sure-p that will not cost you a lot in terms of paying salaries and incentives or even cost you nothing in the case of Sure-p.

Fact #8: You want cheap but exposed labours, registering your company grants you this opportunity.

9. Business Trip to Other Countries

Related to fact #2, CAC business registration is that you can easily obtain visa and travel to any country for business purposes. Every country always welcomes foreign investors who are interested in doing business in their country because such good investments will add value to their economy.

Fact #9: Registered Company can easily go international.

There are so many benefits you will get from your business registration. If you haven’t registered your business, please start making the necessary steps to register your business. Business registration is not that difficult. At MIC-MEs CONSULTING LTD, we've helped a lot of people to do their CAC registration. Business Name cost #22,000 and Limited Liability Company cost #52,000. WITHIN 10 WORKING DAYS

Please, for more information WhatsApp or call
Mr. Anagun Ebenezer M,
Lead Consultant
07069507797

or
Mr. Agboola Wale
Social media Officer,
070-623-24055

or Send us a mail
micmesconsulting@gmail.com.