COMPANY REGISTRATION
People always hear about Corporate Affairs Commission and its Registration of businesses and companies without knowing the importance.
Typically, the first thing to do when you want to start a business in Nigeria is to register your business name with the Corporate Affairs Commission (CAC). This will help you discover if the name you have in mind is still available and not registered by someone else.
Sometimes, most business owners build brands only to find out that someone else has the legal right to their ‘company name’. I believe this is not a pleasant experience when you consider the pain of building a brand.
Some people fail to register their business due to ignorance, while some see it as a way to evade tax. However, you should know that the benefits of registering your business far outweigh any perceived disadvantage.
We have compiled 12 benefits of registering your business with the Corporate Affairs Commission (CAC) in Nigeria in this article. Make sure you read carefully.
Benefits Of Registering Your Business With CAC
1. You can open a corporate account with your registered business certificate.
2. Potential customers feel more comfortable paying into a corporate account because they know their money can be traced. And you can open a corporate account with any bank of your choice with a registered business.
3. You can apply for loans and grants when your business is registered.
4. When you register your business, customers trust you because they see you as legit and reliable.
5. Registering your business is the first step to getting your business structured. Without registering your business, you are running a glorified hobby.
6. A registered business can get interns from NYSC.
7. A registered business gives clients confidence that they are dealing with a reputable organization.
8. When your business is registered, even if you are dead or become incapacitated, your business continues especially when you have the right structure in place.
9. A registered business gets easy access to loans and boundless opportunities.
10. You have better access to investors with a registered business as investors look at the business structure first before investing.
11. With a registered business, you can easily obtain a visa and travel to any country for business purposes and conferences.
12. Registering your company enhances the reputation and perception of your business to prospective clients.
WHY YOU SHOULD CHOOSE US?
• We are the best in what we do: All what our company can provide for its clients, many other companies cannot do it. We go extra mile to satisfy our clients and we also do follow up work. We also let them know the status of their application before CAC.
• Our service is affordable and understandable: we don't over charge our clients, our charges are feasible and flexible
• We educate our clients: we orientate our clients before, during and after registration and we give room for free consultation.
• We stay with our clients to solve the commission related issues even after incorporation
• We make your filing easier and accurate in order for you to always stay active on CAC portal
• We deliver on time: our delivery of your CAC certificate, TIN certificate and other documents is within 7 working days
• We schedule virtual meeting: We take our time to clear any ambiguity that our clients might get involved in
• We help you analyse your tax: Even after incorporation, we still stay with our clients to help them on tax payment and filing of annual returns
• We help submit your updates: we help our clients to file to the commission of any changes that take place in their company/business, be it change of location, office address, change of name of the company, change of proprietor of the business, and any other changes in the company.
• We help our clients draft their company's memorandum and articles of association with due research about the nature of their business in order to get them the most suitable structuring for their businesses