Lagos State

CAC Business Name Registration for Spare Parts in Lagos State

If you sell new or fairly used vehicle parts, supply engines and gearboxes, stock tyres and batteries, or import parts for other shops anywhere in Lagos State, registering your business name with CAC is a small job that we can take off your hands. Onelove Business Ventures is an accredited CAC agent. We handle the name search, the filing and the certificate for you, whether your shop is in one of the big parts markets or on a quiet street, so you stay at the counter. There’s no extra step hiding behind this: message us your business name, and we take it from there.

Spare Parts Businesses We Register in Lagos

Lagos Is Where West Africa Comes to Buy Car Parts

Lagos is widely described as the region’s biggest hub for replacement vehicle parts. The best known market is Ladipo in Mushin, reputed to be the largest auto spare parts market in Africa. It is known for fairly used imported parts, and its traders are organised under groups such as the Ladipo Main Market Traders Association and the Ladipo Auto Central Executive Committee. Another major centre is the Lagos International Trade Fair Complex at Satellite Town along the Lagos-Badagry Expressway, where parts traders from Balogun Market moved in 2002 and where the Auto Spare Parts and Machineries Dealers Association has a significant presence, particularly for newly imported parts.

Other markets, including Oyingbo, Iyana-Itire, Ojuelegba and Trinity, form part of the same network. With so many sellers offering similar stock, a business that can show a registered name, a TIN and a certificate stands out when dealing with suppliers, fleet buyers and larger customers. Market associations have their own membership rules, so confirm what yours requires. CAC registration is not a substitute for it.

📋 CAC Business Name Registration
💰 Cost: ₦35,500 (All-Inclusive)
⏱️ Turnaround Time: 5 – 7 Working Days
✅ What You Get: Official CAC Certificate + Certified Status Report
🚚 Delivery: Soft Copy Sent via WhatsApp (Print Hard Copy Locally)
START REGISTRATION
NOW →

📋 CAC Business Name Registration

💰 Cost: ₦35,500 (All-Inclusive) ⏱️ Turnaround Time: 5 – 7 Working Days ✅ What You Get: Official CAC Certificate + Certified Status Report + TIN 🚚 Delivery: Soft Copy Sent via WhatsApp (Print Hard Copy Locally)

START REGISTRATION NOW →

Business Name vs. Limited Liability Company

Business NameLimited Liability Company
All-inclusive cost₦35,500₦65,500
Personal liability protectionNoYes
Documents receivedCertificate + Status Report + TINCertificate + Status Report + Memart + TIN
Best forSingle-shop retailers and independent parts dealersImporters, wholesale distributors, multi-outlet businesses, and ventures with partners

A Business Name gives most single-shop sellers and small dealers a legal name to quote, invoice and bank under. A Limited Liability Company tends to fit better once you import in volume, supply other shops on credit, run several outlets, or bring in partners or investors, because it keeps your personal assets separate from the stock and liabilities of the business. You can start with a Business Name and convert later.

Everything Covered in Your ₦35,500

Your ₦35,500 is one all-inclusive payment for a spare parts business in Lagos, with CAC’s filing fee and our service fee already combined. A Business Name is the simpler route for most shops. A Limited Liability Company is also available at ₦65,500, all-inclusive, if you want a company structure from the start.

What You’ll Need to Arrange Separately

What You’ll Need

  1. Two proposed business names, ranked by preference
  2. A valid means of ID — National ID (NIN), international passport, or driver’s license
  3. A passport photograph
  4. Your business address in Lagos State — indicating the LGA
  5. Phone number and email address
  6. Nature of business — described simply, e.g. “motor vehicle spare parts sales” or “tokunbo parts and accessories”
  7. If you choose Limited Liability Company instead: names, ID and details of directors and shareholders

How the Process Runs

  1. Check name availability on CAC’s public search portal — handled on our end.
  2. Reserve the name once availability is confirmed.
  3. Complete the application with your business, director and Lagos address details.
  4. Upload your ID and passport photograph — a phone photo is fine.
  5. Pay the ₦35,500 filing fee, one payment that covers everything above.
  6. Receive your Certificate of Registration, TIN and Status Report, usually within 5–7 working days.

That’s genuinely the whole process from your side: one message, one payment, one certificate.

Registering Spare Parts Businesses Across Lagos

Price, requirements and turnaround do not change by location. We register spare parts businesses in all of the areas below.

Parts-market belt and central mainland

Trade Fair, the western corridor and the port

Ikeja and the northern mainland

Agege and the western suburbs

Island and the Lekki corridor

Outer areas

If your shop is anywhere in Lagos State, you’re covered.

A Part Is Only Worth What the Customer Can Trust

Anyone in the parts trade knows how it works: a customer describes a rattle, you match the part to the exact model, and the buyer’s trust is what brings them back next week. You learn quickly to tell a genuine part from a copy, a clean tokunbo engine from a tired one, and a fair margin from a bad deal. Registering your business name is a small step that sits alongside all of that. After it’s done, your shop trades under a name that is on record, on your invoices and on the paperwork you hand to suppliers and fleet buyers.

This Might Be a Great Fit If…

We’d rather you pick an agent who suits how you trade — here’s who we work best with:

If that sounds like how you do business, send your business name and we’ll take it from there.

Frequently Asked Questions

How much does CAC registration cost for a spare parts business in Lagos State? ₦35,500 all-inclusive for a Business Name, the same wherever in Lagos you are. A Limited Liability Company is ₦65,500 all-inclusive.

What do I get for the ₦35,500? The name search and reservation, the completed CAC filing, the government fee, your Certificate of Registration (soft copy), a TIN and a CAC Status Report.

How do I receive my documents? As soft copies sent through WhatsApp. You print them locally whenever you need hard copies.

Is a Business Name enough for a spare parts shop? For most single-shop sellers and independent dealers, a Business Name gives you the legal name you need to start trading properly. Other approvals depend on what you import or sell and are handled separately.

Can I register new parts and tokunbo parts under one name? Yes. Describe your nature of business broadly, for example “new and fairly used vehicle spare parts”, and one registration covers the whole business.

I rent a small shop or stall in a market. Can I still register? Yes. You need a business address in Lagos State and your LGA. A shop, stall or storage location in a market can all work.

I sell parts through delivery or online only. Can I register? Yes. Use your base or storage address in Lagos and your LGA, and describe your business as spare parts sales and supply.

Does CAC registration prove my parts are genuine? No. It gives your business a legal name. Standards and product-authenticity rules are separate, so make sure what you sell is genuine and as described.

Does this cover import clearance for parts I bring in? No. Customs and import documentation are separate from CAC registration.

Do I need to join a market association? It isn’t a CAC requirement, but many markets and traders’ groups have their own membership rules and dues. Check with the association at your market.

Will a CAC certificate help me supply mechanics, garages and fleets? Fleet owners, companies and larger garages often ask for proof of registration before setting up a supply account, so the certificate is a useful document to have. It does not guarantee any order.

Will it help me open supplier accounts? Many importers and distributors ask for proof of business registration before setting up a trade account, so it’s often a useful first document. It does not guarantee credit terms.

Can I open a business bank account with the certificate? Yes. A CAC certificate is one of the main documents banks ask for when opening a business account, along with your ID and other details.

Do you register shops outside Mushin and Ojo? Yes. We register spare parts businesses across all of Lagos State at the same price and turnaround.

When should I switch from a Business Name to a Limited Liability Company? Usually once you import in volume, supply other shops on credit, open more outlets, or bring in partners or investors.

Can I upgrade later without starting over? Yes. Many parts businesses begin with a Business Name and convert as they grow. We can help with the conversion.

Is the TIN included? Yes. A Tax Identification Number is part of what you receive for the ₦35,500.

Do I have to file anything with CAC in later years? Registered businesses have annual returns to file. It is a small, separate step and we can help with it when the time comes.

What if my proposed business name isn’t available? Send a backup name and we will check it right away. Having two or three options ready keeps things moving.

Can I register parts retail and importing under the same name? Yes, describe your nature of business broadly. Import approvals are handled separately.

Can I register tyre and battery sales the same way? Yes. List those products in your nature of business and send your details as usual.

Ready when you are — it takes one message. Send your business name on WhatsApp →

For CAC Registration

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