Nigeria: company formation
Private Limited Company · Africa
Updated on 3 November 2026 · Published under the responsibility of Jason Pivron, director · Who we are
Ltd in Nigeria — company, registered office, banking file and annual upkeep, run by us, with a local correspondent where we have one.
Who this jurisdiction suits
- Corporate income tax: 30% (separate regime for small companies) (to be checked with the tax authority).
- The Companies and Allied Matters Act 2020 allows a single-shareholder private company; the Corporate Affairs Commission (CAC) keeps the register.
- Private Limited Company, registered at the Corporate Affairs Commission (CAC).
What it does not solve
- A minimum capital and registration apply to non-resident ownership.
- Survey data not verified by on-the-spot counsel: banking access and substance are established case by case.
Conditions to meet
Source (30 September 2026): taxsummaries.pwc.com (to be checked)
Usual capital, no legal source cited: to be checked
Banking access to be assessed at the interview, not surveyed here: no bank is promised on the strength of a survey.
Substance to be assessed depending on the activity; local criteria remain to be checked with on-the-spot counsel.
Our assessment for Nigeria; to be checked.
Registered office and office on quotation, after review of the file.
Our offer in Nigeria, internal catalogue.
Registration in Nigeria: Corporate Affairs Commission (CAC). Source: cac.gov.ng (to be checked)
Services and prices
Starting prices excluding tax, government fees included.
See the other 12 services in this jurisdiction
Firm price after the call: several shareholders, indirect ownership or a regulated activity change it.
Nigeria: what is specific to it
- The Companies and Allied Matters Act 2020 allows a single-shareholder private company; the Corporate Affairs Commission (CAC) keeps the register. Source: cac.gov.ng (to be checked)
Reviewed on 30 September 2026.
Nigeria compared with DR Congo and Mauritius
| Nigeria | DR Congo | Mauritius | |
|---|---|---|---|
| Usual company form | Ltd | Acte uniforme OHADA | GBC · AC |
| Corporate taxation | 30% (separate regime for small companies) | 30% (Laws No. 23/052 and 23/053, in force on 1 January 2026) | Reduced rate subject to substance conditions · extensive treaty network |
| Share capital | NGN 100,000 issued share capital (CAMA 2020, s. 27) | Not established | Not established |
| Incorporation time | 24–48 hours (CAC, online) | Not established | 1 week |
| Banking access | Demanding | Demanding | Demanding |
| Substance requirement | Necessary, but not sufficient on its own | Necessary, but not sufficient on its own | Real presence required |
| Our services | from 8,990 € | from 4,290 € | from 20,490 € |
To be checked against each profile. The page for DR Congo → · The page for Mauritius →
Registered office and premises in Nigeria
From 999 €. Registered office service →
How it runs
- Scoping and identity verification
- Name reservation
- Filing and incorporation
- Delivery of the corporate file
- Account opening
For Nigeria, the register is kept by Corporate Affairs Commission (CAC) and the usual time is 24–48 hours (CAC, online).
Steps as recorded on 21 September 2026.
Group: International place of incorporation · Our fees → · What we do for you →
Company formation in Nigeria: frequently asked questions
How much does it cost to set up a company in Nigeria?
Our services in Nigeria start at 8,990 €, excluding tax. Firm quote before signature.
How long does it take to register a company in Nigeria?
About 24–48 hours (CAC, online) once the file is complete.
Where is a company registered in Nigeria?
With the Corporate Affairs Commission (CAC) (source: cac.gov.ng).
What is the corporate tax rate in Nigeria?
30% (separate regime for small companies) (data as of 21 September 2026; source: taxsummaries.pwc.com; to be checked). Not tax advice.
What share capital is usual in Nigeria?
NGN 100,000 issued share capital (CAMA 2020, s. 27): usual capital, not a legal minimum; to be checked.
Why set up a company in Nigeria?
Corporate income tax: 30% (separate regime for small companies) (to be checked with the tax authority). The Companies and Allied Matters Act 2020 allows a single-shareholder private company; the Corporate Affairs Commission (CAC) keeps the register. Private Limited Company, registered at the Corporate Affairs Commission (CAC).
What are the drawbacks of a company in Nigeria?
A minimum capital and registration apply to non-resident ownership. Survey data not verified by on-the-spot counsel: banking access and substance are established case by case.
Nigeria or DR Congo or Mauritius: where do our services start?
from 8,990 € in Nigeria; from 4,290 € in the DR Congo; from 20,490 € in Mauritius, excluding tax.
Nigeria or DR Congo or Mauritius: how does corporate tax compare?
Nigeria, 30% (separate regime for small companies); DR Congo, 30% (Laws No. 23/052 and 23/053, in force on 1 January 2026); Mauritius, Reduced rate subject to substance conditions · extensive treaty network; to be checked.
Nigeria or DR Congo or Mauritius: which is faster to register?
Nigeria in 24–48 hours (CAC, online); DR Congo in Not established; Mauritius in 1 week, usual times.
Where these figures come from
Recorded on 21 September 2026; to be checked; banking and substance: our assessment. How we source these figures →