Business formation in Nigeria
If you are a business owner looking to grow your company or a hopeful entrepreneur searching for new chances, consider Nigeria. It is a nation that is dynamic and strategically located, ready for business expansion. We offer customized business formation services to ease your entry into Nigeria’s thriving business environment.
The procedure of business formation
When it comes to the official requirements and processes, our thorough services encompass all elements of starting a business. From the beginning stages to creating necessary legal paperwork, we manage the entire procedure, enabling you to concentrate on your primary business goals. Our team will support you with:
1
Choosing the right business structure
We understand the importance of selecting the most suitable legal structure for your business. Our experts will provide tailored guidance to help you achieve your goals, whether it involves incorporation, partnership, or sole proprietorship.
2
Drafting legal documentation
Our experienced experts create all the necessary legal paperwork, including shareholder agreements, articles of association, and employment contracts, customized to fit the particular requirements of your company.
3
Bank account opening
Establish a business account in the nation for handling financial tasks, collecting funds, and processing payments.
4
Registering with authorities
Utilize our experts to guide you through the bureaucratic process, handling all required registrations such as tax authorities, social security, and trade registers, to ensure compliance with Nigeria's legal system.
Timeline for business formation: setting expectations
The length of time it takes to form a company in the country depends on the type of business entity selected. In general, it typically takes around 2-4 weeks to finalize all necessary procedures and set up a company.
Types of legal business structures in Nigeria
Our area of expertise is in helping to establish different types of companies, making sure that the structure of your business aligns perfectly with your goals.
Private Limited Company (Ltd.)
Private Limited Companies are a preferred option for businesses in Nigeria as they provide owners with limited liability protection. They are easy to set up and have a flexible structure, making them a convenient choice for entrepreneurs. Our team is ready to assist you in establishing your Private Limited Company in Nigeria.
Public Limited Company (PLC)
PLCs, frequently referred to as Public Limited Companies, are preferred for bigger businesses in Nigeria. Their capacity to generate funds through public offerings and flexibility in transferring shares provide notable benefits. We are available to help you with the registration of your Public Limited Company in Nigeria.
Holding Company
A holding company is often used strategically to control other companies by owning their shares. Creating a holding company in Nigeria can provide benefits such as centralized management, risk diversification, and tax advantages. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and optimize tax planning. Our experienced team offers personalized support to assist with setting up and running a holding company in Nigeria, ensuring adherence to regulations and maximizing the potential of your corporate structure.
Branch Office
A branch office serves as an expansion of the main company, enabling it to operate in a different place while maintaining its original legal status. Setting up a branch office in Nigeria can be beneficial for businesses wanting to grow without forming a separate legal entity. By functioning as a branch, the main company can use its established brand and resources to enter new markets. We provide full assistance in establishing and operating a branch office in Nigeria, ensuring a seamless and compliant entry into the market.
Our business formation solutions
We provide two practical choices for setting up a business, tailored to suit your needs and guaranteeing an easy entry into the Nigerian business environment.
Business formation online
Start the process of establishing your company online effortlessly, no matter where you are or what time it is. Our team is ready to assist you at every stage, offering customized help that meets your individual requirements. With electronic tools and an easy-to-use interface, we guarantee a smooth experience from submitting documents to monitoring your progress. Allow us to streamline the incorporation process for you, providing professional guidance as you set up your business with minimal effort.
Business formation remotely
Leave all the paperwork and legal procedures to us. Our proficient team in Nigeria will take care of everything, giving you the freedom to concentrate on your main business activities.
Contact us
Planning to start a business in Nigeria? Don’t go through the challenges by yourself. Reach out to us for help and customized solutions to simplify the process of setting up your business. Our team of skilled professionals is ready to assist you at every stage, guaranteeing a smooth and prosperous entry into the lively Nigerian business scene. Let’s collaborate to achieve your company objectives.
Ready for the next step
Accelerate your business growth while we take care of everything else.