How to Register your Business Name with CAC

Registering a business name with the Corporate Affairs Commission (CAC) in Nigeria is the first step to starting a legitimate and recognized business. Whether you are a small-scale entrepreneur, freelancer, or startup founder, having a registered business name provides credibility, legal protection, and access to banking, loans, and government contracts.

In recent times, the process has been simplified with online registration through the CAC portal, but many Nigerians are still unaware of the requirements and steps. This guide will walk you through everything you need to know — from checking name availability to submitting your application successfully.

Why You Need to Register a Business Name

Registering your business name makes your enterprise official and legally recognized. Without registration, your business cannot open corporate bank accounts, sign contracts, or access government incentives.

Moreover, registration protects your brand by ensuring no one else can legally use the same business name in Nigeria. For instance, a student who starts a printing business or a small fashion line can secure their name legally to prevent disputes later.

Determine the Type of Business Structure

Before registration, you need to decide whether you are registering as a sole proprietorship, partnership, or private limited company.

Sole Proprietorship: Ideal for single-owner small businesses.

Partnership: Suitable for two or more individuals sharing ownership.

Private Limited Company: Best for medium to large businesses with multiple stakeholders.

Choosing the right structure affects taxation, liability, and ownership rights. Most small businesses and startups begin with a sole proprietorship or partnership for simplicity.

Conduct a Name Search

The next step is to check if your desired business name is available. You can do this on the CAC online portal by entering your preferred name. The name should be unique, relevant to your business, and not violate trademarks or existing business names.

It’s advisable to have 2–3 alternative names in case your first choice is rejected. For example, if “Swift Tech Solutions” is taken, you might try “SwiftTech Solutions Nigeria” or “Swift Technologies.”

Prepare All Necessary Documents

Depending on your business structure, CAC requires the following documents:

Valid means of identification (International passport, National ID, or Driver’s License)

Completed CAC registration forms (BN1 form for business name)

Passport photographs for owners

Proof of residential address

Having all documents ready reduces delays and ensures smooth processing.

Complete the Online Registration Form

Log in to the CAC online registration portal https://cac.gov.ng and fill out the Business Name Registration Form (BN1). Input details like business name, nature of business, owner’s details, and address.

Ensure all information is accurate, as errors can lead to rejection or delays. After submission, you will receive an invoice for payment. The online portal accepts card payments and bank transfers.

Pay the CAC Registration Fees

Business registration fees vary depending on the structure:

Sole proprietorship/partnership: around ₦10,000–₦20,000

Private Limited Company: approximately ₦50,000–₦80,000

After payment, CAC processes your application, usually within 24–72 hours. Once approved, you will receive an e-certificate of registration, which serves as your official business proof.

Collect Your Certificate and Start Operating

After approval, download and print your Business Name Registration Certificate. Keep both digital and physical copies safe, as banks and government agencies may request it.

With your CAC registration complete, you can now open corporate bank accounts, apply for loans, sign contracts, and expand your business legally. Many successful startups in Nigeria began as properly registered small businesses, demonstrating the importance of this step.

Tips for Smooth CAC Registration

Ensure the business name is unique and meaningful

Double-check all personal and business details before submission

Keep digital copies of your documents for quick resubmission if needed

Regularly check the CAC portal for updates on your application

Following these tips prevents delays and increases the chances of successful registration.

Final Note

Registering your business with CAC is a crucial step toward legitimacy, credibility, and long-term growth. The process has been simplified through online portals, making it easier for students, entrepreneurs, and small businesses to secure their business identity. 

By following this guide, you can complete your registration efficiently, start operations legally, and build a business that thrives in Nigeria’s competitive market.

Frequently Asked Questions (FAQs)

1. What is CAC registration in Nigeria?

CAC registration is the process of officially registering a business with the Corporate Affairs Commission in Nigeria. It gives your business legal recognition, protects your business name, and allows you to operate legally.

2. How much does it cost to register a business name with CAC?

The fees vary depending on your business type:

Sole proprietorship/partnership: ₦10,000–₦15,000

Private Limited Company: ₦50,000–₦60,000
The online payment is made via the CAC portal during registration.

3. How long does it take to register a business with CAC?

Once you submit your application and pay the fees, the process usually takes 24–72 hours for approval. Afterward, you receive your e-certificate of registration, which serves as official proof of your business.

4. Can I register my business name online?

Yes! CAC provides an online registration portal, making it easier to submit forms, make payments, and receive your certificate digitally without visiting an office physically.

5. What documents are required for CAC registration?

You generally need:

Valid means of identification (National ID, Driver’s License, or International Passport)

Completed CAC registration form (BN1 for business name)

Passport photograph(s) of the owner(s)

Proof of residential address

Having these ready ensures a smooth registration process.