Step-by-Step Guide to CAC Business Registration in Nigeria

Starting a business in Nigeria is an exciting journey, but to operate legally and gain credibility, every entrepreneur must register with the Corporate Affairs Commission (CAC). The CAC is the government body responsible for regulating and supervising the formation and management of companies in Nigeria. Whether you’re running a small enterprise or a large company, registering with the CAC is essential for building trust with customers, accessing business opportunities, and protecting your brand.

In this guide, we’ll walk you through the step-by-step process of CAC business registration in Nigeria, the requirements, costs, and benefits you should know before starting.

Why Register Your Business with the CAC?

Many entrepreneurs in Nigeria start businesses informally, but operating without registration has its limitations. Here are some reasons you should register:

Legal recognition – A CAC certificate proves your business exists under Nigerian law.
Access to loans and grants – Most financial institutions require a CAC certificate before granting loans.
Business credibility – Registered businesses are more trusted by customers and partners.
Brand protection – Your business name becomes legally yours, preventing others from using it.
Opportunities with government and corporate contracts – Most tenders and partnerships require proof of registration.

Types of Business Registration in Nigeria

Before starting, you need to know which type of business structure suits you:

Business Name (Sole Proprietorship or Partnership)
- Ideal for small businesses, freelancers, and startups.
- Easier and cheaper to register.
Limited Liability Company (LLC)
- Suitable for businesses looking to scale, attract investors, or limit personal liability.
- Requires at least one director and shareholder.
Incorporated Trustees (NGOs, Associations, Foundations)
- For non-profits, religious bodies, and social organizations.

For most small to medium-sized entrepreneurs, Business Name registration is the simplest and fastest route.

Step-by-Step Guide to CAC Business Registration in Nigeria

Step 1: Choose and Reserve a Business Name

The first step is to select a unique business name. You must check if the name is available using the CAC’s Public Search Portal.

Visit the CAC portal.
Enter your desired business name to check availability.
If available, you can reserve it for 60 days by paying a small fee (usually around ₦500).

Pro Tip: Have two name options ready in case your first choice is already taken.

Step 2: Fill Out the Online Registration Form

Once your name is approved, the next step is to complete the online registration form. This form requires details such as:

Business name
Business address
Nature of business (what services or products you provide)
Proprietor’s or director’s details (full name, date of birth, email, phone number, and identification).

For companies, you’ll also need details of shareholders, directors, and shareholding structure.

Step 3: Upload Required Documents

Depending on the type of registration, you will be required to upload certain documents. Common documents include:

Means of identification (National ID, Voter’s Card, International Passport, or Driver’s License).
Passport photograph.
Signature of the proprietor(s).

For Limited Liability Companies, you’ll need additional documents such as Memorandum and Articles of Association (MEMART).

Step 4: Pay the Registration Fees

After completing your form and uploading documents, you will be directed to pay the registration fees. Costs vary depending on the type of business:

Business Name – From ₦10,000 upwards.
Limited Liability Company – From ₦30,000 upwards (depending on share capital).
Incorporated Trustees – From ₦50,000 upwards.

Payments are made securely online through the CAC portal.

Step 5: Review and Submit Application

After payment, carefully review your details to avoid errors. Once satisfied, submit your application online.

The CAC will process your registration and may request corrections if necessary. Usually, processing takes a few days to two weeks, depending on the workload and type of registration.

Step 6: Collect Your Certificate of Incorporation

When your application is approved, you’ll receive your Certificate of Incorporation or Business Name Registration Certificate.

This certificate officially proves that your business is recognized by the Nigerian government. You can download it from the CAC portal, and it can also be verified online by third parties.

Common Mistakes to Avoid During CAC Registration

Many entrepreneurs face delays or rejection because of simple mistakes. To avoid them:

Don’t use names that are identical or too similar to existing businesses.
Ensure your identification documents are valid and match the details you provided.
Fill in all required fields carefully to avoid inconsistencies.
Be clear when stating your business objectives—avoid vague descriptions.

Benefits of Registering Your Business Early

Registering your business as early as possible has long-term advantages:

You can open a corporate bank account in your business name.
It helps build a professional brand identity from the start.
You avoid the risk of losing your preferred name to another entrepreneur.
It gives you the confidence to approach investors and partners.

Conclusion

Registering your business with the CAC is no longer a complicated process. With the introduction of the online portal, entrepreneurs can now complete registration from the comfort of their homes.

Whether you’re a freelancer, small business owner, or setting up a company, taking the step to register is an investment in the future of your business. It not only gives you legal protection but also opens doors to funding, contracts, and long-term growth opportunities.

If you’re ready to begin, visit the CAC registration portal and start your journey to building a legally recognized business in Nigeria today.