Starting a business in Nigeria

In Nigeria
Last Updated: May 31, 2023
Want to be guided as to establish a business, procedure and cost

Lawyer Answers

Starlion Legal

Starlion Legal

May 31, 2023
Best Answer

There so many questions you need to answer, some of which are, what is the nature of business? That will determine the share capital and consequenyly the cost.

Procedure is simple.

 

Proposed names of Company

Valid means of Identification

 

Address

 

Email

 

Phone number

 

Nature of business

 

Signature specimen

GAVEL & GREY LEGAL PRACTITIONERS

GAVEL & GREY LEGAL PRACTITIONERS

May 31, 2023
we need to understand the type of business you are going to inorder to profer the right procedures and cost. Thank you.
Ren Attorneys

Ren Attorneys

May 31, 2023
The agencies responsible for business registration are the Corporate Affairs Commission. However, there may be other agencies that can be necessary depending on the sort of business you would like to do.
Kabbiz Legal & Advisory

Kabbiz Legal & Advisory

May 31, 2023
The procedure to start up a business in Nigeria is straightforward, albeit that this is dependent on the business vehicle you would want to use for your business. You did not specify if you would want to start up a company limited by shares, or register a business name. Gaining clarity on the particular business vehicle you are interested in is what will determine the pricing and the accompanying charges, both regulatory and legal, that you will have to pay.
Moland Partners

Moland Partners

May 31, 2023
The cost and establishment process of a business are contingent upon the existence of regulatory legislation and the specific intentions for the business. In instances where a business operates without a governing law, it is advisable to ascertain the most optimal tax-efficient approach for conducting business and evaluate the available resources to implement this strategy. While we are unable to provide specific cost details in this forum due to restrictions, we are, however, pleased to offer a comprehensive consultation regarding the range of internal resources at our disposal to support and nurture your startup.
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