Business/ Company Registration Service in Nigeria
Aziza Nigeria is a Corporate Affairs Commission (CAC) ACCREDITED AGENTS in Business / Company Registration and No. 1 in Business Support Services in Nigeria. We do Prompt and support Genuine Business / Company Registration Services with other compliances/ licenses applications, business representation and other related services in Nigeria. We are well experienced in Renewable Energy, Oil & Gas Industry and Maritime Industry in Nigeria.
Registering a limited liability company establishes it as a separate legal entity, limiting the owners’ liability.
- Proposed names: A unique company name of your choice.
- Company address: The registered office address in Nigeria.
- Nature of business: A clear statement of the company’s business activities and objectives.
- Memorandum and Articles of Association (MEMART): These documents outline the company’s structure and operational rules.
- Director and shareholder details: Valid IDs, signatures, residential addresses, and other personal information for all directors and shareholders. A private company can be registered by one person, who can be both the director and shareholder.
- Share capital and allotment: A one million minimum share capital (not money value) for Nigerian citizen companies. Some services may require Nigerian citizens’ companies to have more share capital to meet the CAC requirements. For example of companies with more share capitals are, Clearing and Forwarding services, Marine services, Hotels services, etc.
Foreign company Minimum Share capital: Foreign-owned companies must have a minimum authorized share capital of 100 million share capital.
Read: Entity Formation / Business/ Company Registration
Key Requirements for Foreign Company To Operation/ Participation
Minimum share capital: Foreign-owned companies must have a minimum authorized share capital of 100 million share capital.
- Business permit: Foreign-owned businesses need to apply for a business permit from the Ministry of Interior to operate legally.
- Nigerian Investment Promotion Commission (NIPC) registration: All enterprises with foreign investment must register with the NIPC.
- Expatriate quota: If employing foreign nationals, the company must obtain an expatriate quota, which specifies the number of foreigners that can be employed.
- Certificate of Capital Importation (CCI): This document is required to serve as evidence of capital imported into Nigeria and guarantees the repatriation of capital and profits. You may need some clarifications on this in practice.
General post-registration requirements
- Tax registration: Obtain a Tax Identification Number (TIN) and Company Tax Clearance Certificate from the Federal Inland Revenue Service (FIRS).
- Bank account: Open a corporate bank account with the CAC registration documents. The director(s) and shareholder(s) of comapnies need to have Bank Verification Number to open bank account. Whether Foreign-owned companies or Nigerian-owned companies. For a foreigner, he/she need to have Business permit or Expatriate quota to he able to obtain Bank Verification Number.
- Annual returns: File annual returns with the CAC to keep your business records current.
Requirements for a Business Name (sole proprietorship)
- Proposed names: Two options for your business name.
- Business address: The physical location of your business.
- Owner’s details: Full personal details of the proprietor, including name, address, phone, and email.
- Means of identification: A valid, government-issued ID, such as a National Identity Card (NIN), driver’s license, voter’s card, or international passport.
- Passport photograph: A recent photograph of the proprietor.
- Nature of business: A description of your business activities.
Read: NGO Registration in Nigeria
When it comes to Oil & Gas Industry Registrations, Permits, Certificate and Maritime Industry Registrations, Permits, Certificate in Nigeria, we ask and represent you as if you where there.
We help persons and organizations to register business and expatriate quota for foreigners that want to work in Nigeria. We will advice and guild you on other legitimate regulation documents that you may need to run your business efficiently without troubles from government (Federal State and Local) host communities.
We all give you all the support you till you find your feet. Your location is not a problem to serve you. Irrespective of your location, we can work with you on your incorporation requests and deliver it on time. Whether you are a Foreigner or Nigerian, staying in Nigeria or outside Nigeria.
Types or categories of Companies/ Businesses in Nigeria
- Private Limited Company (Ltd)
- Public limited company (Plc)
- Incorporated Trustees and NGOs (Inc.)
- Company limited by Guarantee
- Unlimited liability company (Unlimited)
Cost of Business / Company Registration
The cost we listed here are the official fees to pay to CAC for Business / Company Registration in Nigeria. Other charges like bank charge and consultant fees are not included.