Thursday, 29 October 2020

See How to Apply for CAC Free business Names Registration for 250,000 Business


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The federal government has approved free trade name registration by the Corporate Affairs Commission (CAC) for 250,000 micros, small and medium-sized enterprises (SMEs) nationwide.

See How to Apply for CAC Free business Names Registration for 250,000 Business


The free business registration system will cover all 36 states, as well as the federal capital (FCT). The government announced this through its official Twitter account.

The federal government has approved free trade name registration by the Corporate Affairs Commission (CAC) for 250,000 micros, small and medium-sized enterprises (SMEs) nationwide.

The free business registration system will cover all 36 states, as well as the federal capital (FCT). The government announced this through its official Twitter account.

Typically, registration of business names by the CAC costs at least N10,000, depending on the category of business. But you will be able to register your company name for free because the goal is to issue 250,000 MSMEs.

Here is how to begin
  1. Aggregators have been appointed to receive applications from interested persons in line with CAC requirements.
  2. The names and contact details of the aggregators can be obtained on the Commission’s Website HERE
  3. The free registrations will start on the 19th of October 2020.

Go to any of the centres in your state of residence with the following requirements 
  1. Three (3) Proposed Names
  2. Two (2) Passport-sized photographs
  3. Valid Means of Identification
  4. Phone Number/Email address
Note:

The Federal Government approved the free registration of 6,606 Business Names in each of the 34 states while Abia, Lagos and Kano will have 7,906, 9,084 and 8,406 respectively.



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