Alot of small business owners in Nigeria at least 80% of them paid to get their business registered by third-party which is not wise, if you are a small business owner that intend to make your business legally operating in Nigerian territory then this article is for you.
Business Registration With CAC (Corporate affairs Commission Nigeria) Learn to do it yourself!
This article will put you through on how to register business in Nigeria with CAC (Corporate Affairs Commission). it is easy and simple process for anyone to apply by themselves without needing agent or third-party,
What Is Corporate Affairs Commission (CAC)?
The Corporate Affairs Commission is a regulatory body, established to regulate the incorporation, running and winding up of companies, business names and incorporated trustees, in accordance with CAMA.
To establish and maintain companies’ registry and offices in all the states of the Federation suitably and adequately equipped to discharge its functions under the Act or any law in respect of which it is charged with the responsibility.
The Corporate Affairs Commission (CAC) of Nigeria was established in 1990 vide Companies and Allied Matters Act no 1 (CAMA) 1990 as amended, now on Act cap C20 Laws of Federation of Nigeria.
How Much Is CAC Registration In Nigeria?
According to the CAC’s fees list, the statutory fee for registration of charges is N25,000 or 0.35 per cent of the amount secured by the charge, whichever is higher, for both private and public firms. Private firms are charged N5,000 as annual returns while public companies are pay N10,000.
Corporate Affairs Commission (CAC) Business Name Registration Steps
- Check for availability of the Business Name Click Here to Read more about
- Name reservation and to Reserve a new Name Click Here
- Complete pre-registration form – CAC-BNo1 and upload relevant registration documents(Online using Company Registration Portal)
- Pay filing fee, you can check the Fees for our Services Here
Now registration is end-to-end on the COMPANY REGISTRATION PORTAL (CRP) with electronic Certificate of Registration and Certified Extract of registration information
Note: Individual/Proprietors can register business names without the services of the legal practitioner, chartered Accountant or Chartered Secretary.
After successful business or company registration you will have your details to login to Corporate Affairs Commission anytime you want and to manage your business or company.
Can I Login To Corporate Affairs Commission CAC Website?
Yes you can after successful registration because you will have your login details, For you to login you will have to open your browser either Google Chrome, Fire Fox or Safari browser then type in https://pre.cac.gov.ng/login when it opens you can use it your login details to sign in. To quickly access the CAC login portal kindly Click Here
After your registration your business name registration certificate and other documents will be mailed to you and you will need to download them and have them with your in event you want to open account for your business TIN will be required plus your business registration certificate.
Do not forget to share this post with other and let them know they can register their business or company by themselves. Thanks for reading!