I’m planing to start a tech startup company in Nigerian

If you are starting a Tech company in Nigeria, you will typically need to register a Limited Liability Company (LLC) with the Corporate Affairs Commission (CAC). This structure offers flexibility for investors, protection of personal assets, and ease of scaling operations. You will also need the following: VAT registration with FIRS. Ensure compliance with NDRP. Depending on the type of Tech company, you may need to also obtain regulatory licenses. For a detailed guide on structure options, investor readiness, and regulatory requirements for Tech startups, contact us at Moland Partners. We will be happy to walk you through each stage and help set up your company properly as we are experts at assisting startups. We can also help you determine if you can get the status of a company recognised as a Startup under the Act and position for the advantages that come with that.

You will need to set up a limited liability company with CAC(Corporate Affairs Commission)

You will need to set up a limited liability company with CAC (Corporate Affairs Commission).

The best type of company to register is a Private Limited Liability Company (Ltd). A Limited Liability Company separates your personal assets from business risks, allows investors, and supports growth. To register your business under the Corporate Affairs Commission (CAC) you will need: Company name (2 options preferably); Business objectives/ Principal Business Activity (what your tech company will do); Address; Details of at least one director/shareholder (18+); Minimum share capital; Means of ID for each director/shareholder; Memorandum & Articles of Association. Finally, you may have to register for regulatory license depending on the type of Tech Company you want to start up. In addition, having a founders’ agreement, protecting your intellectual property (IP), and keeping your company records compliant are not just formalities, they build investor confidence and position your startup for funding and partnerships. For detailed guidance on registering your tech company, protecting your brand, and setting up the right legal structures for your startup, consult with us today.

You would need to call us directly for a telephone consultation for us to be able to advice you accordingly. You usually would need to register first with corporate affairs commission, Federal Inland revenue service and obtain license from Central Bank of Nigeria. Please send our Law Firm a direct message for further assistance. Please do not create a Lead. Send us a direct message here on Lawzana. Thank you ,speak with you soon

You would need to call us directly for a telephone consultation for us to be able to advice you accordingly. You usually would need to register first with corporate affairs commission, Federal Inland revenue service and obtain license from Central Bank of Nigeria. Please send our Law Firm a direct message for further assistance. Please do not create a Lead. Send us a direct message here on Lawzana. Thank you, speak with you soon.