Introduction
Starting a business in Nigeria? One of the first legal steps is registering your business name with the Corporate Affairs Commission (CAC). This ensures your business is officially recognized, legally protected, and compliant with Nigerian laws.
This 2026 guide will show step-by-step how to register a business name, including tips for online registration, required documents, fees, and common mistakes to avoid.
1. What Is CAC Registration?
The Corporate Affairs Commission (CAC) is the Nigerian government agency responsible for:
Registering businesses and companies
Maintaining official records
Protecting business names and intellectual property
Registering your business:
✔ Gives legal recognition
✔ Prevents others from using your name
✔ Enables you to open a business bank account
✔ Allows access to loans, grants, and government contracts
2. Who Can Register a Business Name?
Sole proprietors
Partnerships
Nigerian citizens or foreigners with a Nigerian address
Note: Only one person can own a business name. For companies with multiple owners, consider registering a Limited Liability Company (LLC) instead.
3. Steps to Register a CAC Business Name in 2026
Step 1: Choose a Unique Business Name
Make sure the name is not already registered on the CAC portal
Avoid names that violate trademarks or contain restricted words
Use clear and professional words that represent your business
Tip: Prepare 3 alternative names in case your first choice is unavailable.
Step 2: Conduct a Name Availability Search
Visit the official CAC portal: https://www.cac.gov.ng
Use the name search tool to check if your business name is available
Pay a small fee (if required) for the name reservation
Step 3: Reserve Your Business Name
Fill out the name reservation form online
Provide alternative names in case your first choice is rejected
Once approved, the reservation is usually valid for 60 days
Step 4: Complete the Registration Form
Fill in your personal details and business address
Include the nature of your business
For partnerships, include details of partners and share of ownership
Upload valid identification documents (e.g., NIN, passport, driver’s license)
Step 5: Pay the Registration Fee
Fees vary depending on type of business:
Sole proprietorship: ~₦10,000 – ₦15,000
Partnership: ~₦20,000 – ₦25,000
Payment can usually be made online via the CAC portal
Step 6: Receive Your Business Name Certificate
After approval, you will receive a Business Name Certificate
This certificate is proof that your business is legally registered
Keep both digital and physical copies for official use
4. Tips for a Smooth CAC Registration
Register early before starting business operations
Use a professional email for registration communications
Double-check all information to avoid rejection
Keep receipts and CAC correspondence for future reference
5. Common Mistakes to Avoid
❌ Using a business name that’s too similar to another registered business
❌ Entering incorrect owner information
❌ Failing to complete payment on time
❌ Ignoring CAC communications
6. Benefits of CAC Registration
Legal recognition of your business
Ability to open corporate bank accounts
Access to government incentives and contracts
Protection of your business name and brand
7. FAQs – CAC Business Name Registration 2026
Q: Can a foreigner register a business name in Nigeria?
A: Yes, but you must have a valid Nigerian address or partner with a Nigerian citizen.
Q: How long does CAC registration take?
A: Usually 2–5 business days for online applications if all documents are correct.
Q: Can I reserve a business name before completing registration?
A: Yes, name reservation is valid for 60 days, giving you time to complete the registration.
Q: How much does it cost to register a business name with CAC in 2026?
A: Fees vary:
Sole proprietorship: ~₦20,000–₦30,000
Partnership: ~₦40,000–₦50,000
Q: Do I need to renew my business name registration?
A: No, a business name registration is valid perpetually, but you must update CAC if there are changes to ownership or business address.
Q: Can I correct mistakes on my registration after submission?
A: Yes, you can request a correction or amendment through the CAC portal, usually by submitting supporting documents.
Conclusion
Registering your business name with CAC is a critical first step for any entrepreneur in Nigeria. By following this step-by-step 2026 guide and using the FAQ for clarity, you ensure your business is legally protected, compliant, and ready to grow.
Post a Comment