#cacregistration

[aalawsng]

Setting Up a Ride-Hailing Service in Abuja

Thinking of launching a ride-hailing service in Abuja? Here’s a step-by-step guide on how to register your company, apply for a license, and meet the necessary requirements.

[realestatemoses]

3 Reasons You Should Register Your Company

1. Less Personal Risk

When you incorporate a company, it automatically becomes a separate legal entity different from the owners or people who run it.

Your company can buy & own property, enter into contracts, take loans etc…

This means if the company owes a sum of ₦‎5 million, the owners or those who run the company can not be taken to court personally for recovery of the loan.

If you have your business registered as a business name as the owner, you will have to pay back the loan.

Because the business & the owner are tied together under law.

So if you took a loan for your business and it fails you will be personally responsible for repaying it.

The best bet is to register your business as a company to avoid personal liability.

2. Get Funds Quickly For Your Business

When you register your business as a company, you can easily raise funds for your business by issuing new shares to investors.

You can not get funding this way if you register your business as a business name. As a business name, any loans you get will be tied to you personally & You will be liable for repayment if the business fails.

3. Pass Your Company To Your Children

When you incorporate your business as a company, your business Gains a separate identity. This means the company becomes a baby that can grow and outlive its owner or shareholders.

Companies like First Bank have existed for 125 years in Nigeria. Julius Berger has been active since it was established in 1950.

An incorporated company can only “die” when it gets officially wound up by a court order or the Registrar of companies.

💡 Do you want to get started on your company registration?

Then Call/WhatsApp GIE: [phone], [phone]

[coachcharles]

View this post on Instagram

Get your Business Name registered Today. Don't take the risk of popularizing a business name without registering it. At the time you get serious to register the name for the purpose to opening a bank account or getting a contract or accessing good credit facility, it may be too late. We also help process Limited Liability Companies, Foundations, NGOs, trademark etc. Our services are the most affordable and fast and we help you no matter where you are. Let's help you register today. efemirnigeria.com/bizr 07013063333 #businessregistration #startyourbusiness #cacregistration #limitedliabilitycompany #efemir #businessnameregistration #trademark https://www.instagram.com/p/CU7ChRsj9ga/?utm_medium=tumblr