How To Register Small Business With Cac
It is tagged cac fg business name registration.
How to register small business with cac. Pay filing fee check the fees for our services here. 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. Steps 1 3 can be completed on the company registration portal crp. 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. 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 first step you need to take to register a business name is to search for the availability of the name. 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. It is part of buhari led government s post covid 19 pandemic survival intervention to support micro and small businesses to formalise their businesses. Free 250 000 cac business names registration for msmes. 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.
Registration steps for business names. The business formalisation support component of the msme survival fund has commenced. 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. The free registration scheme for businesses will span the entire thirty six states of the federation as well as the federal capital territory fct. Registration of a limited liability company will involve you hiring an accredited agent who may be a lawyer or an accountant.
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. Having your business registered definitely confers some credibility on it given that it then acquires an identity. Read more about name reservationand reserve a new name. During the official flag off held in abuja the minister of state for industry trade and investment ambassador mariam katagum said the intervention.