The Federal Government of Nigeria, in collaboration with the Corporate Affairs Commission (CAC), is organizing the FG/CAC free business names Registration for 250,000 Micro, Small, and Medium Enterprises in Nigeria and too many Nigerians are pleased with this amazing news.
The new move is meant to curb the stress that we are still facing amid the coronavirus pandemic, and this is part of FG’s post-Covid-19 Pandemic survival intervention to support micro and small businesses in the country. Thus far, 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, and that list is surely going to grow.
If you are not aware, FG recently urged interested Micro and Small entrepreneurs, artisans, craftsmen/women, who are yet to legalize their business to take advantage of this huge opportunity. To guarantee a smooth application process, aggregators have also been appointed for interested persons in line with the CAC requirement. In fact, the names of and contact details of the Aggregators are available on the CAC website, check them out now. See the answer to your How Do I Register My Business With CAC For Free In Nigeria question:
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FG/CAC Free Business Names Registration Requirements:
The necessary requirements for a free business name registration include:
- Three (3) Proposed Names.
- Two (2) Passport-sized photographs.
- Valid Means of Identification.
- Phone Number/Email address.
Registration is still ongoing, to make yours happen, simply head to the LIST OF AGGREGATORS AND STATE FOCAL PERSONS, and then search for the contact of an Aggregator around your location. Once you find the aggregator’s details, you just have to visit them with the documents listed above, and they’ll take things up from there.
How To Search For A Business Name On The Corporate Affairs Commission Website?
To conduct business activities in Nigeria, a company has to be registered with the Corporate Affairs Commission (CAC), which was created under the Companies and Allied Matters Act of Nigeria. Once registration is done, a Certificate of Incorporation which contains the business registration details is issued.
In fact, the Nigerian Corporate Affairs Commission (CAC) has introduced an online portal that aids Nigerians to search and check for existing company/business names from the comfort of their home with a PC or smartphone. See how to go about it:
- To search for a company or business name, head to the Corporate Affairs Commission (CAC) site.
- You will then have access to a form to enter the name of the company/business you wish to search for.
- Type in all or part of the company name.
- Ensure the “I am not a robot” CAPTCHA, and tap “Search.”
You will immediately see the results of what you searched for.
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That is that.