How much does it cost to register a LLC in Nigeria?
How much does it cost to register a LLC in Nigeria?
Fees
Different Nigeria entity types | Cost | Draft invoice |
---|---|---|
Tax resident LLC | US$20,000 | View invoice PDF |
PLC | US$21,403 | View invoice PDF |
LLC (oil & gas services) | US$44,950 | View invoice PDF |
Representative office | US$20,400 | View invoice PDF |
What are the requirements to register a limited liability company in Nigeria?
Requirements to register a limited liability company The objectives and business of the company must be provided. The registered principal address of the company. The share capital and shareholding formula among shareholders will be required. The particulars of a minimum of two (2) Directors will be required.
How do I start a private limited company in Nigeria?
Procedure to Register a Private Limited Company in Nigeria
- The first step is to submit a name which has been decided for the company to the CAC.
- The complete information regarding the directors of the company must be provided such as Full name, Residential Address, Age, Nationality, Valid identifications documents, etc.
What are the documents required for private limited company registration?
Required Documents for Registration of Private Limited Company
- PAN.
- Govt ID proof – Voters’ ID or passport or driver’s license.
- Bank statement.
- Utility bills either mobile or gas or electricity.
- Passport size photograph.
- Specimen signature – Director’s signature on a blank document.
How much does it cost to register a company in Nigeria 2020?
Fee for registering charges for a private company – 10,000 Naira for each 1 million Naira or part of a million. Fee for registering charges for a public company – 20,000 Naira for each 1 Million Naira or part of 1 million.
How much does it cost to register a company in Nigeria 2021?
To start with, the official cost for registering your business/company name with CAC is N15,000.
What is the fees for company registration?
Government fees for company registration
Nominal share capital | Registration fees |
---|---|
Rs 10,00,000 to Rs 50,00,000 | Rs 2000. Rs
Can one person register a company? A new concept has been introduced in the Company’s Act 2013, about the One Person Company (OPC). The Companies Act, 2013 provides that an individual can form a company with one single member and one director. … How can I start a private company? How to register a Pvt Ltd Company
What are the 3 types of companies?There are three principal categories of business organizations; that is; sole proprietorship, partnership and a company.
Can I run a company without registration? To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration. What is a limited liability company in Nigeria? The Limited Liability Company (LLC) is the most important unit of business organisations in Nigeria. It is a legal entity separate from its members or owners. Here the liability of its owners is restricted only to the amount of unpaid share capital contributed to the business. How to register a business name in Nigeria?For small business enterprises, you can read more on how to register a business name in Nigeria. The Nigeria Corporate Affairs Commission (CAC) is the regulatory body responsible for the formation, registration, control and overall monitoring of the affairs of companies in Nigeria. How old do you have to be to start a business in Nigeria? Here the liability of its owners is restricted only to the amount of unpaid share capital contributed to the business. In Nigeria, a limited company can be formed by at least two (2) persons who are not less than 18 years old, and who are not bankrupt, not insane among other things. Where can I get certificate of incorporation in Nigeria? If all the incorporation documents are well completed and executed, the commission will incorporate the company and issue an incorporation certificate online. Certificate of Incorporation and other documents will be issued by CAC and can be printed online.
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