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. Read more about name reservationand reserve a new name. Check for availability of the business name click here. This post is just what you need. Do you wish to register a business name or a company in nigeria but you don t know the cost. Pay filing fee check the fees for our services here.

The first major step during incorporation of a company online with cac is by filing for a name reservation online. Last week the federal government of nigeria announced the launch of the national msmes survival fund designed to help cushion the effect of the coronavirus pandemic on the most vulnerable msmes across nigeria. I will give you a breakdown of the cost of registering a business name or a company in nigeria. Registration steps for business names. Steps 1 3 can be completed on the company registration portal crp.

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. 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 registration fees in nigeria 2021 see latest updates. 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. The steps for company registration in nigeria include.

Company registration corporate affairs commission. To achieve this click on new registration then type in the availability code that was sent to you with the approval note in your email. Cac free business name registration for 250 000 businesses in nigeria. This step is necessary as it helps to reserve the proposed company name for 60days until it is open for use by another person. 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.

By ogbongeblog staff updated november 1 2020 8 55 am. A form of business formalization support of the msme survival fund.