
05/11/2024
Here are 4 types of Business Registration in Nigeria
Business Name: Ideal for sole proprietors or small enterprises, perfect for traders, lawyers, accountants, and small business owners.
Limited Liability Company (LLC): Provides protection from personal liability for business debts and claims, suitable for businesses with one or more owners.
Public Limited Company (PLC): Owned by shareholders and managed by directors, PLCs are listed on a stock exchange and offer shares to the public, providing strong liability protection.
Incorporated Trustees: Perfect for NGOs like churches, mosques, charitable organizations, clubs, or associations bound by custom, religion, nationality, or common purpose.
Choosing the right structure is essential for your business's success and compliance. Be sure to save this post, like and follow us for more. DM on 09168907003