Market Entry · Nigeria · Kenya · South Africa

Why registration timelines run longer than the official estimate

Published 2026-07-16 · Updated 2026-07-16

The official registration figures are usually accurate on their own terms. Nigeria's Corporate Affairs Commission can register a new limited company in 3–5 business days once documents are in order, Kenya's e-Citizen portal typically takes 7–10 days, and South Africa's Companies and Intellectual Property Commission has quoted 5–7 days. None of those figures include what comes after registration.

Banking is the step that adds the most time. Most Nigerian banks require either six months of incorporation history or a resident director before opening a corporate account for a foreign-owned entity, a requirement that has nothing to do with how fast the company itself was registered. Tax registration sequencing differs too: Nigeria requires a Tax Identification Number before a bank account can be opened, while Kenya issues a KRA PIN as part of the same e-Citizen flow.

The registration timeline download lines up all five countries side by side, including the banking and tax steps that registration estimates usually leave out. For a plan built around your specific target market and sector, the market entry advisory service produces a written timeline and sequencing document scoped to your situation. Book a market entry consultation.