This startup makes the business registration process easier for you

folarin okunola

March 10, 2016 10:41 AM

Legal Forms was founded by Sadiq Okocha, who says the overwhelming inefficiencies with the business registration process at the Corporate Affairs Commission (CAC) in Yaba, inspired him to create the platform.

Legal Forms help you fast track the business registration process.

A Lagos-based startup, Legal Forms, has started offering online legal services for the Nigerian market. Some of the services it is already offering include online business registration and it is already looking to expand its offerings to take on trademarking, NAFDAC registration, and driver's license registration.

Legal Forms was founded by Sadiq Okocha, who says the overwhelming inefficiencies with the business registration process at the Corporate Affairs Commission (CAC) in Yaba, inspired him to create the platform.

In countries like Singapore and New Zealand, you can complete the entire business registration process online in a few minutes, but in Nigeria, the first step alone (business name availabililty search) takes as long as a week. The entire business registration process can then go on to take as long as a month or more to complete.

Legal Forms hopes to mitigate this by reducing the registration time and streamlining the confusing process so people make fewer mistakes. It will also offer a combination of both free and paid services.

One free service the platform offers is automatic document generation - clients receive the CAC approved forms in their emails after completing a short questionnaire. Useful if you already have a 9 to 5 job and you can't get off work.

However, if you will like Legal Forms to help complete the processing and filing of the documents/forms with the CAC, Federal Inland Revenue Service (FIRS), and the Federal High Court, you will have to pay a fee.

Once ready, Legal Forms will deliver the Certificate of Incorporation to paying customers anywhere in the world.

All of this seems nice and sweet, butr there are already other 'simplifying law for the average Nigerian' platforms out there (think DIYLaw, Oversabi Lawyer). We'll just have to see how Legal Forms does in the space.

folarin okunola