How To Register Business Name With Cac In Nigeria
A few weeks ago vice president yemi osinbajo made it known that there are plans to boost small businesses in nigeria.
How to register business name with cac in nigeria. According to him one of the apc led government is to enable smes to register their business names free with the corporate affairs commission cac. I will give you a breakdown of the cost of registering a business name or a company in nigeria. The first major step during incorporation of a company online with cac is by filing for a name reservation online. The steps for company registration in nigeria include. Do you wish to register a business name or a company in nigeria but you don t know the cost.
Read more about name reservationand reserve a new name. The process of registering a business in nigeria through the corporate affairs commission cac usually take days but the commission hopes to reduce the time spent to register a company in nigeria to 24 hours by december 2018. An individual can register a business name online himself or herself at the cac s portal because of its less formality and a lawyer may also be hired to carry out the registration especially where the business involves more than one proprietor and a partnership deed stipulating the agreements between partners or proprietors required to be drafted and duly filed with the cac. Cac free business name registration for 250 000 businesses in nigeria. Complete pre registration form cac bno1 online using company registration portal.
The federal government of nigeria and the corporate affairs commission cac is organizing the fg cac free business names registration for 250 000 micro small and medium enterprises in nigeria. A form of business formalization support of the msme survival fund. Cac registration fees in nigeria 2021 see latest updates. Registration steps for business names. This post is just what you need.
By ogbongeblog staff updated november 1 2020 8 55 am. Steps 1 3 can be completed on the company registration portal crp. Log into the cac website again and commence registration. Company registration corporate affairs commission. This step is necessary as it helps to reserve the proposed company name for 60days until it is open for use by another person.
Pay filing fee check the fees for our services here. Check for availability of the business name click here.