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How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer - Business (3) - Nairaland

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Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 8:54am On Oct 12, 2017
nanaman:
Thank you. Waiting for my approval.

quick question please, When your business name is approved, i.e. the status on the site shows approved , is it also ready for pickup. Or is there's a lag period?
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by DeConsultant: 3:32pm On Oct 16, 2017
rose54321:


quick question please, When your business name is approved, i.e. the status on the site shows approved , is it also ready for pickup. Or is there's a lag period?

Whenever your company name is approved on your portal it means that your company has been duly registered by the CAC and a RC number (Limited Company) & BN (Business Name) issued. In a day or two you will get a pickup message from your pickup state location. Then asap pick it up.

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Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by DeConsultant: 3:33pm On Oct 16, 2017
We will assist you with your company seal, FIRS TIN, and all that’s needed for corporate bank account at moderate cost. Contact a CAC accredited agent and Corporate Consultant today. For your Business Name: 25K, Private Company: 70K & NGO: 120K. Contact us via WhatsApps or call us on 08107804290. Thanks.

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Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 7:14pm On Oct 16, 2017
DeConsultant:
Whenever your company name is approved on your portal it means that your company has been duly registered by the CAC and a RC number (Limited Company) & BN (Business Name) issued. In a day or two you will get a pickup message from your pickup state location. Then asap pick it up.

Thanks for the prompt reply.
I didn't even have to wait a day sef, it was available immediately for pick up. Though I didn't receive a text, just went there and obtained it.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by dbynonetwork: 3:57pm On Oct 22, 2017
rose54321:


Yes very convenient.
Though that's after you've gotten the availability code, and paid the 10,000.
The site will request for a scanned copy of all:
1) Application Form (with passport photograph affixed)
2) Payment Receipts
3) Availability approval page.
4) depending on nature of business you might need to attach a proficiency certificate.

Hope that helps.

Hi rose! Good evening!!
I just registered a business name and during the course of registering I did not download any application form?.. I only downloaded the receipt and I screenshot other important documents.
Hope I have not gotten it wrong somewhere?.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by mavinc4u(f): 4:32pm On Oct 22, 2017
DeConsultant:
We will assist you with your company seal, FIRS TIN, and all that’s needed for corporate bank account at moderate cost. Contact a CAC accredited agent and Corporate Consultant today. For your Business Name: 25K, Private Company: 70K & NGO: 120K. Contact us via WhatsApps or call us on 08107804290. Thanks.

After registration, how much is the annual payment to keep the name valid and what is it called?
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 6:03pm On Oct 22, 2017
dbynonetwork:


Hi rose! Good evening!!
I just registered a business name and during the course of registering I did not download any application form?.. I only downloaded the receipt and I screenshot other important documents.
Hope I have not gotten it wrong somewhere?.

Hi there,
Filling the form online is part of the process, so you can't miss it.
Once the business name is approved, I.e. after N500 payment, step 2 is to register the business name.

Once on the site, you'll be requested to enter your approval code, then To fill an online form of about 3 pages.

Once filed you'll need to download a copy from the CAC site

Login in to the services.cac site >> click registration >> click action & download form.

Then you print this form out >> Sign & affix photograph>> then upload with approval note, 2 payment receipt & proficiency certificate (if applicable) on http://docupload.cac.gov.ng

Hope that helps
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by dbynonetwork: 7:06pm On Oct 25, 2017
rose54321:


Hi there,
Filling the form online is part of the process, so you can't miss it.
Once the business name is approved, I.e. after N500 payment, step 2 is to register the business name.

Once on the site, you'll be requested to enter your approval code, then To fill an online form of about 3 pages.

Once filed you'll need to download a copy from the CAC site

Login in to the services.cac site >> click registration >> click action & download form.

Then you print this form out >> Sign & affix photograph>> then upload with approval note, 2 payment receipt & proficiency certificate (if applicable) on http://docupload.cac.gov.ng

Hope that helps

Good evening!
Thank you so much....
I don't have any proficiency certificate..

1 Like

Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by oamuyi(m): 11:32pm On Oct 27, 2017
THE NAME I GOT APPROVAL FOR WAS NOT APPROVED DURING AFTER I DID THE PROPER REGISTRATION, REASONS DISPLAYED ARE INCORRECT DATA FOR THE 3 QUERY DISPLAYED, SUGGESTING AGAIN THAT I REGISTER A LIMITED COMPANY? PLEASE ADVISE ME IF AM TO START THE PROCESS AGAIN OR CARRY OUT THE CORRECTION AS INDICATED, DO I HAVE A REMEDY?[b][/b]
DeConsultant:


I don't thiink you need a consent code to register a business name unless you are registering a name with investments,mutual funds, securities or bank. With this names included you will need authorization from relevant regulatory agencies (eg CBN, SEC etc).

I will like to also categorically say that a (promoters, proprietors, directors etc) should be mindful of their nature of business or objectives. Names like Education (NCE for Primary, B.Ed for Secondary and M.Ed for Post Secondary Schools), Advertising & Marketing will need APCON certification, Engineering or Construction will need COREN etc. There are more and others included.

Names like Marine, Sea Transport & any business on sea will need at least 25 million shares capital. Acting as trustees in a Limited will need 10 million shares, like that and so on.

The truth is that care must be the watchword when filling CAC forms, so as not to be on the queried side of the Commission.

You can feel to Whatsapp or call us on 08107804290 for more questions and inquiries.

1 Like

Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by dbynonetwork: 8:06am On Oct 28, 2017
rose54321:


Hi there,
Filling the form online is part of the process, so you can't miss it.
Once the business name is approved, I.e. after N500 payment, step 2 is to register the business name.

Once on the site, you'll be requested to enter your approval code, then To fill an online form of about 3 pages.

Once filed you'll need to download a copy from the CAC site

Login in to the services.cac site >> click registration >> click action & download form.

Then you print this form out >> Sign & affix photograph>> then upload with approval note, 2 payment receipt & proficiency certificate (if applicable) on http://docupload.cac.gov.ng

Hope that helps

Is it necessary that I affix 2 passports?...
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 11:35pm On Nov 04, 2017
dbynonetwork:


Is it necessary that I affix 2 passports?...

Sorry just seeing this.
No, Didn't need 2 as the Abuja office requested for only 1 copy of the application form.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by Konquest: 5:32am On Nov 05, 2017
Jaay1:

So you want to open a business and you know nothing of how to get started, well NO WORRIES.
You do not need to find a lawyer, a chartered Accountant or an agent. All you need is an ATM Master Card and an internet connection. The Corporate Affairs Commission (CAC) now has an on line portal that makes life easy for all potential entrepreneurs and Businessmen in Nigeria.

To register A company the first step is to

STEP 1: Search for availability of Name - Visit http://services.cac.gov.ng/ sign up as a new customer and provide all necessary details accurately. Once you are properly signed in click on 'Name availability Search' type in two names that are creative and uncommon as your proposed business name and try to avoid cliché names. Fill the form with your best Email address and Phone number and submit the form when done. The submission of the form would costs N500 and can be paid using you master card, visa card, verve card, on line banking etc.
The name search would take one to two working days to be approved or disapproved. If disapproved try again With a different and more unique name.

STEP 2: Register the Business name - Once your name has been approved the next step is to register the business name. Log in to your account with CAC and once logged in click on 'action' and download the the letter of approval from the CAC portal, open it and take note of the approval number.
Go back to the website, Click on 'Registration' on the top left of the webpage select business name and paste the number from the approval document on the space provided click on enter. Ensure you know the nature of the business, proprietors of the business and all other relevant information accurately. NOTE: You can 'save and exit' the form at any point where you have difficulties.

* When it comes to nature of the business ensure that you type in three (3) nature of business and it is always a good idea to add General contracts so you do not need to get another business name in the future as, General contracts encompasses everything. (I made the mistake of not adding General contracts and I had to apply with an additional cost of N6000 to get it changed and it was a stressful process)

Fill the form Accurately avoid Mistakes as a Correction would cost you more money and waste your Time.
Now one important thing is[i] When asked if you need additional copies of Certified true copy and documents, select Zero as this is applicable to only those who are registering a limited liability company.[/i]

Submit the form and Pay N10,000 for the business name using you ATM card. You would be given a form to submit to the CAC office in your selection.

STEP 3: Physical Submission - Download and print and make two photocopies of
- All receipt of payment from Remitta and CAC,
- The approval of business name document
- The form you received upon payment for business name
Take these documents with two passport Photographs, N250 stamp duty fee - to be paid into CAC Skye Bank Account (you can do this before going to the office the bank has the account number) and submit for filing with the corporate Affairs commission.


I hope this information was helpful to you. Leave a comment and tell me how it goes for you.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by collinsy2: 6:25pm On Nov 14, 2017
Sorted!
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by mukulu56(m): 6:58pm On Nov 14, 2017
Thank you so much sir. I was looking for this.

Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by AfolabiBret: 8:22am On Nov 24, 2017
To register a travels and tours business name, please, is a certificate of proficiency needed? I'm not asking about the IATA certification.
Thanks.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by Franknom: 2:30pm On Dec 06, 2017
rose54321:


Ignore the mail. I got same, went to their office only to be directed to their online portal to upload the documents.
The mail is auto-generated and it seems the database administrator forgot to remove it when the process was changed.
Bottom line, go to the site I posted earlier and upload all the documents, remember to affix a passport photo to the application form.

Hope this helps

Please what are all the required documents to upload for business name registration??
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 5:39pm On Dec 06, 2017
Franknom:


Please what are all the required documents to upload for business name registration??

On the upload site (http://docupload.cac.gov.ng:121/DocUpload/) all options at the top:
1) Availability Printout - This is your Notice of Approval PDF

2) BN Registration Form - This is the form you filled online, you should affix a passport photograph & sign, before scanning and uploading. Should be PDF.

3) Proficiency Certificate: This is optional, for instance if you are a Training company you will need to upload a certificate to prove you are qualified to train. It pretty much depends on your Business type.

4)Means of Identification: The same as you filled in the Registration form. Must be PDF

5) Payment Receipt: PDF receipt of N10,000 payment.

Hope that helps.

1 Like 1 Share

Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by Ademat7(m): 1:32am On Dec 07, 2017
DeConsultant:
Whenever your company name is approved on your portal it means that your company has been duly registered by the CAC and a RC number (Limited Company) & BN (Business Name) issued. In a day or two you will get a pickup message from your pickup state location. Then asap pick it up.
I heard after name reg with #10k one is expected to upgrade it to LTD within 60days pls clear the air
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by jjbest123(m): 4:26pm On Dec 10, 2017
rose54321:


On the upload site (http://docupload.cac.gov.ng:121/DocUpload/) all options at the top:
1) Availability Printout - This is your Notice of Approval PDF

2) BN Registration Form - This is the form you filled online, you should affix a passport photograph & sign, before scanning and uploading. Should be PDF.

3) Proficiency Certificate: This is optional, for instance if you are a Training company you will need to upload a certificate to prove you are qualified to train. It pretty much depends on your Business type.

4)Means of Identification: The same as you filled in the Registration form. Must be PDF

5) Payment Receipt: PDF receipt of N10,000 payment.

Hope that helps.
If registering offline,do you need any means of identification?
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by sirejay: 4:11am On Dec 25, 2017
rose54321:


Hi there,
Filling the form online is part of the process, so you can't miss it.
Once the business name is approved, I.e. after N500 payment, step 2 is to register the business name.

Once on the site, you'll be requested to enter your approval code, then To fill an online form of about 3 pages.

Once filed you'll need to download a copy from the CAC site

Login in to the services.cac site >> click registration >> click action & download form.

Then you print this form out >> Sign & affix photograph>> then upload with approval note, 2 payment receipt & proficiency certificate (if applicable) on http://docupload.cac.gov.ng

Hope that helps

Please help, my approval note did not come in pdf. how can i convert it to pdf? i can't even open it
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 6:10am On Dec 25, 2017
sirejay:


Please help, my approval note did not come in pdf. how can i convert it to pdf? i can't even open it

That's weird, the Approval note should be a PDF file. Since you can't even open it. I would recommend you redownload it. It's possible the download wasn't complete or something. Kindly redownload from the CAC portal.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by uchman(m): 3:24pm On Dec 25, 2017
Can you submit those forms online?
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by sirejay: 6:52am On Dec 26, 2017
rose54321:


That's weird, the Approval note should be a PDF file. Since you can't even open it. I would recommend you redownload it. It's possible the download wasn't complete or something. Kindly redownload from the CAC portal.


Thanks Rose54321

I have re-downloaded it many times. It still comes out the same way.

It's frustrating
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by rose54321: 7:10am On Dec 26, 2017
sirejay:



Thanks Rose54321

I have re-downloaded it many times. It still comes out the same way.

It's frustrating

Sorry mehn. I can imagine.
Try renaming the downloaded file and add .pdf to the end.
See if that works.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by sirejay: 6:22am On Dec 27, 2017
rose54321:


Sorry mehn. I can imagine.
Try renaming the downloaded file and add .pdf to the end.
See if that works.


Thanks a lot dear


It worked. I just submitted my application.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by uchman(m): 3:54am On Dec 28, 2017
sirejay:



Thanks a lot dear


It worked. I just submitted my application.

Hi,

You mean you submitted to CAC office?

Will their offices be open by now or is there any other means of submission, if not in their office?

Please can you answer this questions house?
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by kentochi(m): 6:14am On Dec 28, 2017
uchman:


Hi,

You mean you submitted to CAC office?

Will their offices be open by now or is there any other means of submission, if not in their office?

Please can you answer this questions house?
I have been trying your number but is not going through
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by uchman(m): 7:54am On Dec 28, 2017
kentochi:

I have been trying your number but is not going through

Oh sorry bro... You can try again now
You back?
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by sirejay: 4:09pm On Dec 28, 2017
uchman:


Hi,

You mean you submitted to CAC office?

Will their offices be open by now or is there any other means of submission, if not in their office?

Please can you answer this questions house?

No, it's the online submission.

The submission after documents upload
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by sirejay: 6:28am On Jan 12, 2018
Greetings people, this is urgent pls.

My application has been queried - for improper uploading of BN form. Please what's the proper way to upload it?

Help pls!
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by bullabong(m): 2:46pm On Jan 12, 2018
Jaay1:

So you want to open a business and you know nothing of how to get started, well NO WORRIES.
You do not need to find a lawyer, a chartered Accountant or an agent. All you need is an ATM Master Card and an internet connection. The Corporate Affairs Commission (CAC) now has an on line portal that makes life easy for all potential entrepreneurs and Businessmen in Nigeria.

To register A company the first step is to

STEP 1: Search for availability of Name - Visit http://services.cac.gov.ng/ sign up as a new customer and provide all necessary details accurately. Once you are properly signed in click on 'Name availability Search' type in two names that are creative and uncommon as your proposed business name and try to avoid cliché names. Fill the form with your best Email address and Phone number and submit the form when done. The submission of the form would costs N500 and can be paid using you master card, visa card, verve card, on line banking etc.
The name search would take one to two working days to be approved or disapproved. If disapproved try again With a different and more unique name.

STEP 2: Register the Business name - Once your name has been approved the next step is to register the business name. Log in to your account with CAC and once logged in click on 'action' and download the the letter of approval from the CAC portal, open it and take note of the approval number.
Go back to the website, Click on 'Registration' on the top left of the webpage select business name and paste the number from the approval document on the space provided click on enter. Ensure you know the nature of the business, proprietors of the business and all other relevant information accurately. NOTE: You can 'save and exit' the form at any point where you have difficulties.

* When it comes to nature of the business ensure that you type in three (3) nature of business and it is always a good idea to add General contracts so you do not need to get another business name in the future as, General contracts encompasses everything. (I made the mistake of not adding General contracts and I had to apply with an additional cost of N6000 to get it changed and it was a stressful process)

Fill the form Accurately avoid Mistakes as a Correction would cost you more money and waste your Time.
Now one important thing is[i] When asked if you need additional copies of Certified true copy and documents, select Zero as this is applicable to only those who are registering a limited liability company.[/i]

Submit the form and Pay N10,000 for the business name using you ATM card. You would be given a form to submit to the CAC office in your selection.

STEP 3: Physical Submission - Download and print and make two photocopies of
- All receipt of payment from Remitta and CAC,
- The approval of business name document
- The form you received upon payment for business name
Take these documents with two passport Photographs, N250 stamp duty fee - to be paid into CAC Skye Bank Account (you can do this before going to the office the bank has the account number) and submit for filing with the corporate Affairs commission.


I hope this information was helpful to you. Leave a comment and tell me how it goes for you.
thank you.
Re: How To Open A Business Name In CAC With N12,000 In Just 2 Weeks Without A Lawyer by alfredfrddy(m): 1:09pm On Jan 15, 2018
Jaay1:

So you want to open a business and you know nothing of how to get started, well NO WORRIES.
You do not need to find a lawyer, a chartered Accountant or an agent. All you need is an ATM Master Card and an internet connection. The Corporate Affairs Commission (CAC) now has an on line portal that makes life easy for all potential entrepreneurs and Businessmen in Nigeria.

To register A company the first step is to

STEP 1: Search for availability of Name - Visit http://services.cac.gov.ng/ sign up as a new customer and provide all necessary details accurately. Once you are properly signed in click on 'Name availability Search' type in two names that are creative and uncommon as your proposed business name and try to avoid cliché names. Fill the form with your best Email address and Phone number and submit the form when done. The submission of the form would costs N500 and can be paid using you master card, visa card, verve card, on line banking etc.
The name search would take one to two working days to be approved or disapproved. If disapproved try again With a different and more unique name.

STEP 2: Register the Business name - Once your name has been approved the next step is to register the business name. Log in to your account with CAC and once logged in click on 'action' and download the the letter of approval from the CAC portal, open it and take note of the approval number.
Go back to the website, Click on 'Registration' on the top left of the webpage select business name and paste the number from the approval document on the space provided click on enter. Ensure you know the nature of the business, proprietors of the business and all other relevant information accurately. NOTE: You can 'save and exit' the form at any point where you have difficulties.

* When it comes to nature of the business ensure that you type in three (3) nature of business and it is always a good idea to add General contracts so you do not need to get another business name in the future as, General contracts encompasses everything. (I made the mistake of not adding General contracts and I had to apply with an additional cost of N6000 to get it changed and it was a stressful process)

Fill the form Accurately avoid Mistakes as a Correction would cost you more money and waste your Time.
Now one important thing is[i] When asked if you need additional copies of Certified true copy and documents, select Zero as this is applicable to only those who are registering a limited liability company.[/i]

Submit the form and Pay N10,000 for the business name using you ATM card. You would be given a form to submit to the CAC office in your selection.

STEP 3: Physical Submission - Download and print and make two photocopies of
- All receipt of payment from Remitta and CAC,
- The approval of business name document
- The form you received upon payment for business name
Take these documents with two passport Photographs, N250 stamp duty fee - to be paid into CAC Skye Bank Account (you can do this before going to the office the bank has the account number) and submit for filing with the corporate Affairs commission.


I hope this information was helpful to you. Leave a comment and tell me how it goes for you.

I followed your guideline the incompetent CAC officials won't tell us but still got frustrated. I printed the receipts that was sent into my mail after filling the form on www.services.cac.gov.ng. Travelled to Abeokuta but was told at Skye Bank that there's nothing like Stamp duty fee. I then left for CAC office only to be told to download the registration form, attach a passport photograph to it then I should attach the receipts to it and upload it to www.new.cac.gov.ng. Why is the FG just using every known means to frustrate people? No appropriate guidelines to follow, no numbers to call, one agency with 2 websites. What a hot shithole country is this?

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