Starting a Business in Nigeria - part 1 - Incorporation
Nigeria is a country with a large population well over 200,000,000 people. The demography indicate the market size for all form of business. For you to start a business in Nigeria, there are certain requirements that you might meet, to wiz: incorporation or registration of a business name, tax registration, registration with SCUML (if applicable) registration with ITF (if applicable), among others. You need to check what applies to you and run the compliance. As mentioned above, the first step in doing business in Nigeria is to register your business. The agency responsible for business registration in Nigeria is known as Corporate Affairs Commission (CAC). The requirements for company registration are as follows: 1. The company You need to provide at least two or more alternative names for search and availability. Registration of name of company is subject to availability. If the name submitted found to have been registered or appears closely to an already registered name, ...