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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.
How to register small business with cac. 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. Pay filing fee check the fees for our services here. Complete pre registration form cac bno1 online using company registration portal. 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. Registration of a limited liability company will involve you hiring an accredited agent who may be a lawyer or an accountant.
It is part of buhari led government s post covid 19 pandemic survival intervention to support micro and small businesses to formalise their businesses. During the official flag off held in abuja the minister of state for industry trade and investment ambassador mariam katagum said the intervention. Free 250 000 cac business names registration for msmes. The business formalisation support component of the msme survival fund has commenced. Steps 1 3 can be completed on the company registration portal crp.
Having your business registered definitely confers some credibility on it given that it then acquires an identity. Check for availability of the business name click here. These are the steps to follow to register a business name. 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. 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.
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. The first step you need to take to register a business name is to search for the availability of the name. Read more about name reservationand reserve a new name.
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