Registering your business with the CAC is not just about getting a certificate, it’s about giving your business a legal identity.
As a small business owner, understanding the processes behind this registration can be quite difficult, and this is one of the reasons why you’ve been putting it off. Now, you’re running your business with no official identity and no business bank account.
While this might not seem like a problem, a business without a legal identity cannot access certain opportunities.
This is why we’ve brought you a solution. One that will help you as a business owner register with CAC without stress and mistakes.
This post breaks it all down—you’ll understand what a CAC is, why you need one and how Legacy Benjamin Consult can help you get certified. If you’ve been looking for a simple guide, here it is.
What Is CAC?
The Corporate Affairs Commission (CAC) is the official government body responsible for registering businesses in Nigeria. It was established by the Companies and Allied Matters Act of 1990 to regulate the formation and management of companies in Nigeria.
Registering with CAC makes it possible to open a business bank account and apply for grants or loans.
More than that, getting registered helps you protect your brand name so no one else can use it.
Furthermore, it helps you to gain trust from customers and positions you as a credible business owner.
The CAC allows you to register different types of businesses depending on your goal or structure. The 3 major business categories are:
- Business Name: This is the most common and affordable option. Works best for solo entrepreneurs, freelancers and small business owners. In other words, people who register under business name are individuals who manage their business alone.
- Limited Liability Company: This is usually in two forms—private companies (LTD) or public companies (PLC). This is for businesses that involves shareholders, investors and staff.
- Incorporated Trustee: This is for NGOs, churches, foundations and community organizations that aren’t profit focused.
Whatever business you do, there’s a registration option for you At Legacy Benjamin Consult, we walk you through the structure that fits your business and help you get certified. Read on to find out how.
Why You Need To Register Your Business
You can open a corporate or business bank account
To open a corporate bank account, you first need to register your business and process your TIN. Creating a separate business account helps you to budget for your business expenses without dipping into your personal money.
It makes your business official- Register your business
A CAC registration gives your business a legal identity. Your brand becomes one that is recognized and protected. Moreover, it helps to build your self-confidence as a business owner.
It helps you earn your customers trust
When you register your business, you put a foot forward into earning your customers trust. A registered business in other words, proves how legitimate your business is.
You can access funding and opportunities
From government grants to business loans, it positions you in a place to access these opportunities.
If you’re a small business owner, send a dm to Legacy Benjamin Consult to get your business registration started.
Why You Need To Register With Legacy Benjamin Consult
Legacy Benjamin Consult is a leading corporate consulting firm and one of the most trusted agencies in Nigeria with over 4 years of experience. Our aim is to help brands and business owners like you to secure a legal identity (CAC) to help you thrive in the competitive market.
We have served over 1000 brands including SMEs, Companies, Conglomerates and NGOs Nationwide—and we can’t wait to serve you.
At Legacy Benjamin Consult, our corporate services include:
- Business Name Registration.
- Company Registration (LTD).
- Incorporated Trustee (NGO).
- Annual Returns Filing.
- TIN and Tax Services.
- Brand Trademark.
- SCUML Registration.
- Export License.
- Newspaper Publication.
We understand the importance of a registered business and we walk you through the process seamlessly.
Moreover, we deliver within 4-15 working days and there is a plan for installment payments. Furthermore, location is not a barrier.
At Legacy Benjamin Consult, we’re not just helping you to register your business, we’re taking you a step forward to creating your corporate account, which makes it easier to separate your business and personal finances.
Furthermore, the testimonies from our trusted clients do not lie. We’ve served over 1000 brands, helping them get their CAC certificates without stress. But don’t take our word for it —check out what others are saying on Instagram.
Conclusion— Ready To Register Your Business?
Registering your business with CAC is an essential step to take in establishing your brands legitimacy. It’s not just about the certificate, it’s an opportunity to own your brand name, create a corporate bank account and build a strong foundation for your business.
Don’t wait till it becomes a problem. Register your business with Legacy Benjamin Consult with minimal stress.
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