There are many people who may love to start many different kinds of businesses and this also involves starting a company. You may like to start a company and you may even want to invest money as well. So, how to start a company in your country?
How to start a company in your country?
- Thread starter Passiveearner
- Start date
Sir, if you are talking about Nigeria with this comment, I beg to disagree. To start a company in Nigeria is as hard as concrete work. So many bottlenecks a d bureaucracy.
To set up a limited liability company, there are two types, namely individuals and public companies that can issue shares, of course the individual company type will be easier because there is only a single shareholder (owner), there is no board of commissioners, micro and small capital sizes, it is easier to make Licensing can be done online.
I have been to our corporate affairs commission in Nigeria to register a business and I was turned and turned around. In fact,bsome people are agents who are specialized in the gimmick of the commission. They would help you register.
It depends on the kind of business and company you want to start. I have a friend with a registered company. He is into shoe prodution.
Here we need to get approval from required Government department, it depends of the type of company if it belongs to healthcare then some license must be attached with application, further concern department practically visit the premises.
Starting a company actually requires a lot of financial investment. But after that you still need a lot of knowledge to make it successful.
Probably, anyone who wants to start a company must make sure that it is registered and approved by the government. In my country it is registered through the corporate affairs commission.
If you want to start a company in my country , you would need to execute the business name registration first and then you can think of other procedures.
That depends on what kind of company you want to start. If it is a sole proprietorship, all you need is to apply for a Business Registration Certificate. If you want to start a private limited company, you need to have an unique company name, and prepare some legal documents for registration with the Companies Registry. Many people hire the service of Company Secretary doing this work.
