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It is part of buhari led government s post covid 19 pandemic survival intervention to support micro and small businesses to formalise their businesses.
How to register small business with cac. Read more about name reservationand reserve a new name. Cac free business name registration for 250 000 businesses in nigeria by ogbongeblog staff updated november 1 2020 8 55 am 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. 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. Registration of a limited liability company will involve you hiring an accredited agent who may be a lawyer or an accountant. The business formalisation support component of the msme survival fund has commenced.
During the official flag off held in abuja the minister of state for industry trade and investment ambassador mariam katagum said the intervention. Pay filing fee check the fees for our services here. The first step you need to take to register a business name is to search for the availability of the name. Steps 1 3 can be completed on the company registration portal crp. Registration steps for business names.
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. The corporate affairs commission cac has given micro small and medium scale enterprises msmes 90 extra days to register their business names at the reduced cost of n5 000. Complete pre registration form cac bno1 online using company registration portal. These are the steps to follow to register a business name. It is tagged cac fg business name registration.
The federal government has approved the free registration of business names by the corporate affairs commission cac for 250 000 micro small and medium enterprises msmes across the country. Having your business registered definitely confers some credibility on it given that it then acquires an identity. Registration of businesses in nigeria is the exclusive responsibility of the corporate affairs commission cac which has its head office in abuja but has branches in most states of the federation. As part of federal government s post covid 19 pandemic survival intervention to support micro and small businesses to formalise their businesses the federal government has approved the free registration of 6 606 business names in each of the 34 states.
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