How to Register Your Business in Nigeria: A Complete Step-by-Step Guide (CAC Requirements, Costs & Timeline)

Introduction

Starting a business in Nigeria is exciting — but registering it the right way is what makes it official, trusted, and legally recognized. Whether you’re launching a small side hustle or building a full company, registering your business with the Corporate Affairs Commission (CAC) is the first major step.

In this 2025 updated guide, Brand Growth Expert walks you through everything you need to know — the process, documents, cost, timeline, and the fastest way to complete your registration without stress.

Why Business Registration Matters

Registering your business gives you:

  • Legal recognition
  • Access to loans, grants, and investors
  • Ability to open a corporate bank account
  • Professional credibility
  • Protection of business name
  • Eligibility for contracts

If you want your brand to grow, proper registration is non-negotiable.

Types of Business Registration in Nigeria

Before starting the process, choose the structure that fits your business.

1. Business Name (BN)
  • Best for small businesses, freelancers, online sellers.
  • Cheaper and faster.
2. Limited Liability Company (LLC)
  • Best for growing businesses, startups, companies seeking investors.
  • Offers legal protection to owners.
3. Incorporated Trustees (NGO / Non-profit)
  • For organizations, foundations, community groups.

Requirements for Business Registration (2025 Updated)

For Business Name
  • Proposed business names (2 options)
  • Owner’s full name
  • Phone number & email
  • Passport photograph
  • Home/office address
For Limited Liability Company
  • At least 1 director (Nigerian or foreign)
  • Full details of directors
  • Director’s means of identification
  • Company address
  • Nature of business
  • Share structure
  • Passport photograph

Step-by-Step Process for Registering Your Business

Step 1: Name Search & Reservation

Visit the CAC portal and check if your desired name is available.

Tip: Choose short, unique names. Avoid popular or generic words.

Step 2: Fill Out Registration Forms

You’ll complete forms for personal details, business objectives, and address.

Step 3: Upload Your Documents

Submit:

  • ID card
  • Passport photo
  • Business details
Step 4: Payment & Verification

Pay CAC fees online, after which your documents will be reviewed.

Step 5: Certificate Issuance

Once approved, CAC releases your:

  • Business Name Certificate or
  • Certificate of Incorporation + Status Report
Step 6: Open a Corporate Bank Account

Use your certificate to open a professional business bank account.

Cost of Business Registration in Nigeria (2025)

Prices vary slightly depending on changes and service charges.

  • Business Name: ₦12,000 – ₦25,000
  • Limited Liability Company: ₦35,000 – ₦80,000+
  • NGO / Incorporated Trustees: ₦120,000 – ₦200,000

If you want faster processing, using an expert like Brand Growth Expert is recommended.

Common Mistakes to Avoid

❌ Choosing a long or confusing business name
❌ Using incorrect documents
❌ Not defining business objectives clearly
❌ Wrong share structure (for LLC)
❌ Registering your business under someone else’s details

How Long Does CAC Registration Take in 2025?

  • Business Name: 1–3 days
  • LLC: 3–7 days
  • NGO: 2–4 weeks

Timelines depend on document accuracy and portal speed.

Conclusion

Registering your business in Nigeria is now easier than ever — but only if you follow the correct steps. Whether you’re starting small or preparing to scale big, formalizing your business is the foundation of long-term success.

At Brand Growth Expert, we help entrepreneurs complete CAC registration fast, correctly, and stress-free.

Call to Action

Need help registering your business name or LLC?
Send a WhatsApp message (+234 08111858651) or contact Brand Growth Expert today — we’ll handle everything for you.

Leave a Comment

Your email address will not be published. Required fields are marked *