How to register and protect your business name

How to register and protect your business name

July 23, 2019

After you have picked the perfect business name and gotten it reserved and approved, you will need to make sure it is legally yours and yours alone to use in Nigeria where you intend to conduct your business.

So whether you have picked to register your business as a sole proprietorship or as a limited liability company, ensure you follow the appropriate procedure to get it registered with the Corporate Affairs Commission.

After you have duly registered your business, it’s advisable to trademark the business name as it gives you exclusivity to use the name for many years to come. It also helps consumers/customers easily identify/recognise your goods and services in the marketplace.

You’ll still need to look into whatever business licenses or permits you may need to actually operate your kind of business in the region/state in which the business is located. This will enable the business run smoothly and prevent trouble from the designated authorities in charge of such permits, thereby allowing you focus on the growth of the business. 

Best regards,

Efe Ugboro

CEO, 618 Bees

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advise, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advise from the particular facts and circumstances at issue from a lawyer.

This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

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Frequently Asked

  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 
  • Must my Company Secretary be a Lawyer?

    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.
  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.
  • What is SON?

    SON stands for ‘Standards Organization of Nigeria’
  • Is it legal to transfer the personal data you obtained legally to another person?

    No, its not legal. This is because the law prohibits anyone from transferring the data of a third party to another person without consent from the third party to do same even if the data was rightfully obtained in the first instance.
  • Can I grant another person the permission to use my design?

    The right of the owner of an industrial design includes the licensing and authorization of another person to use the design.
  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
  • Who can be directors in my company?

    Any two adults can be directors in a company.
  • What do I need for a trademark search in Nigeria?

    To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.
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