Limited Liability Company Registration
Fast and Seamless Registration . No Paper Work or cumbersome registration process. Installment payment option available. Document in soft and hard copy.
A Private Limited Liability Company is a legal entity independent of its owners. The limited liability and simple operation of a private limited company make it the most registered business in Nigeria. Limited Liability Company is a business arrangement which enjoys legal personality. It is a corporate body and separate from its members (owners). The liabilities of members (owners) of a Private Limited Liability Company is limited by shares. The name of a Private Limited Liability Company must end with the word “Limited” or “LTD” in abbreviation.
Hassle-free, Fast And Seamless Company Registration
Our accredited experts handle the registration process seamlessly, so you focus on what matters most - growing your business.
Fast Delivery
We facilitate and complete your registration and forward the registration documents within 5 to 7 working days.
Seamless Registration Process
No filling of long form . Only answer few questions about your company, provide director and shareholder information and the required document.
Flexible Payment Option
Flexible and Installment payment available. You can make full payment or part payment to get started.
Dedicated Support
We provide cutting edge customer support. You are always informed of any stage and the progress of your registration.
Registration Fee
Flexible payment option available.
You can make full or part payment to get started.
Limited Liability
Company
(1 Million Share Capital)
₦ 60,000.00
First Installment: 25,000
Documents
Incorporation Certificate
Status Report
Memorandum and Articles of Association
Tax Identification Number
SMEDAN
However, not all business activities are registered for 1 Million Share capital. Some business objects have a prescribed or specific share capital. These are business objects that cannot be registered for less than 5 Million Share Capital. The higher the share capital the higher the cost of registration. See list of designated companies and their minimum share capital.
Why Choose Multi Level Boost for Your Company Registration? ✨
1. 🔒 Expert Guidance: Our seasoned and accredited professionals guide you through every step, ensuring hassle-free and seamless registration process. Say goodbye to the hassle, confusion, and paperwork overload!
2. 🚀 Swift & Efficient: Time is money! With our streamlined processes, we get your company registered quickly and efficiently.
3. 💡 Tailored Solutions: No two businesses are alike. We offer personalized solutions that cater to your specific needs, whether you're a startup, small business, or a growing enterprise. Your success is our priority.
4. 💰 Cost-Effective: We understand the importance of budgeting for a new business. Our flexible payment option ensure you get top-notch service without breaking the bank. You can make full payment or part payment to kickstart your company registration.
5. 🌐 Nationwide Coverage: No matter where you're located, Multi Level Boost got you covered. Our comprehensive service extends across the nation, making it convenient for you to register your company from anywhere.
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📈 Join the ranks of successful businesses that entrusted their company registration to Multi Level Boost. Don't let finance and paperwork hold you back – let's get your company registered in the most seamless way!
Advantages of Limited Liability Company
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It has a separate personality i.e. It can sue and be sued on its own
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One person (Single Director/Shareholder) can establish a Private Limited Liability Company.
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It can continue existing even after the death of its owners.
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It is easier to raise funds with a limited liability company
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The risk of the owner is limited to the number of shares subscribed to in the company
Differences Between Business Name And Limited Liability Company
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Business name, especially the Sole Proprietorship, is cheaper to form and the decision is easier to make but company formation is a little bit more expensive and usually, the directors must agree to make decisions at all time.
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Since the company is a separate legal person in the face of the law, the losses of the company cannot be extended to the owner, whereas a business name has no separate legal personality- the risk will always follow the owner.
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The business name is not subject to company income tax; whereas a limited liability company is liable to pay a company income tax.
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A business name cannot raise funds from creditors by any means, it must always be funded by its owners, however, limited liability can raise funds by a debenture and issuing more shares of the company to other members or even creditors.
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Foreigners seeking to do business in Nigeria cannot do so by business name since it is only a company with a minimum of N10,000,000 share capital that can bring in expatriates into Nigeria by obtaining a business permit and expatriate quota.
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CONCLUSION
In summary, registration of a business name has its advantages likewise that of a private limited liability company.
While the business name is exempted from company income tax, its operation is limited in the sense that it cannot be used to easily raise funds from creditors.