Registering your business through Kuda is a streamlined process that puts you on the path to formalizing your enterprise. Here's a comprehensive walkthrough:
Step-by-Step Registration Process
1. Launch the Kuda Business App
Open the app on your device.
Ensure you are logged in to your Kuda Business account.
2. Navigate to the ‘Hub’ Section
On the main screen, find and tap on the 'Hub' section to access key business features.
3. Select "Business Registration"
Under 'Business Registration,' you will see the following:
Submitted Applications: Business registrations you've already submitted.
Saved Applications: Incomplete applications you’ve saved to finish later.
Completed Business Documents: Successfully registered business documents.
4. Start a New Business Registration
Tap Register A Business
Let us know who you’re registering the business for.
Note: You can only register a Business Name on the Kuda Business App.
5. Review Requirements and Fees
We’ll show you a list of the details and documents you’ll need for the registration.
The registration fee is ₦26,000.
If your application is successful, you will receive:
CAC Certificate of Business Name Registration
Status Report (which includes details about shareholders, directors, etc.)
Tax Identification Number (TIN)
6. Select "Next" to Continue
Proceed to the next step to start providing your business information.
7. Select Your Preferred Business Name
Enter two Preferred Business Names.
Choose a Business Name Suffix.
We’ll check the availability of your preferred business names. If available, this step will be marked as complete.
8. Enter Business Details
Select Business Details and provide the following:
Type of Business: Sole Proprietorship or Partnership
Nature of Business: General category your business falls under.
Specific Nature of Business: Specific details about the type of services or products.
Business Description: A brief description of your business.
Business Email
Business Phone Number
9. Enter Owner’s Information
Select Owner’s Information and fill in the required fields:
Full Name
Occupation
Date of Birth
Gender
Email
Phone Number
Address: State, LGA, Town, Street Name and Number.
10. Upload Necessary Documents
Upload the following documents to complete your registration:
National ID
Passport Photograph
A clear picture of your Signature
11. Review Your Registration Summary
We’ll display a summary of all the information you provided.
If everything looks correct, tap Next to proceed to payment.
12. Make Your Payment
You can pay the registration fee using any of the following options:
Account Balance (Kuda Business account)
Transfer from other banks
Debit card
Once payment is successful, your business registration application will be submitted, and you'll receive updates as your application is processed.