Business Name Registration
- Most popular type of entity to form
- Easiest and most affordable entity to form
- Owner(s) and entity are legally the same
- Business owner(s) assume debts and liabilities
- Owner(s) are taxed, not the entity
- Business to be renewed every 3 years
What You Receive:
1. Official Registration Certificate
2. “So You’ve Registered Your Business, Now What”? – A 90+ Page Guide written by us with the sole purpose of teaching you about taxes, accounting, marketing and so much more
3. Opening of a NCB Business Account without visiting the bank (optional)
Benefits of opening a business bank account :
– Simplifying your accounting
– Make Tax Preparation Easier
– Automate Your Bookkeeping
– Establish Business Credit
– Make it Easier to Apply for a Loan or Grant
– Establish Trust with Your Customers
FAQs:
Q: How do I get my documents to you?
A: After your purchase, you’ll immediately receive an automated email with a link to an online form where you’ll submit the required information and upload the documents needed for registration. We will then send your NCB documents to you (if this option is selected) for you to sign and return the documents.
Q: How long does this process take?
A: Registration takes approximately 7-10 business days after all documents are submitted. NCB business account opening takes 1-2 weeks after you return the signed documents. If for some reason, there’s a change in the standard processing time, we’ll communicate this to you.
Q: When will my package be delivered to me?
A: Packages are usually dispatched a week after the business is registered.
Q: How will I receive my documents?
A: You will be asked to select a delivery method before checkout.
Q: Will I need to visit a NCB branch to complete the process?
A: You will only need to visit to collect your token which is quick and simple process.
Documents Required:
– Government Issued ID: Passport, National Voter’s ID or Driver’s Licence
– Tax Registration Number (TRN)
– Proof of Home Address: National Voter’s ID, Driver’s Licence, Recent Utility Bill or Rent Receipt, Bank Statement, Voluntary Declaration Certified by a Justice of the Peace)
– Licence if you are on our list of professionals required to attain a licence for registration
– If you are renewing your business, you will be sent a physical form to be signed by all owners
For more information regarding Business Registration CLICK HERE
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