The Corporate Affairs Commission (CAC) on 2nd February 2015 launched a 24-hour online registration platform to fast track its business services to its customers. With the online registration portal, you will be able to register your business and also have access to the services offered by the corporate affairs commission. This is in line with the CAC’s call for Nigerian business owners to register their businesses. Which was a follow up to Corporate Affairs Commission’s plans for a new business registration software
According to Dr Olusegun Aganga, the Minister of Industry, Trade and Investment, “Nigerians will no longer have to incur extra costs and will not travel to the CAC’s office to register their businesses”. He added that it was a joint initiative with the Federal Ministry of Communications Technology under Government Service Portal initiative. He explained that the portal was robust enough to accommodate all platforms such as inter-switch, e-transaction and visa card. Others include Verve card, American express and other forms of electronic payments. Aganga explained that any person that wanted to register his business would now do so easily in any part of the world without physically coming to CAC.
He listed easy access to payment of the commission’s services, reduction in cost for the accredited agents and ordinary persons as many benefits of the new online portal. Aganga said that the Federal Government was committed to deploying more positive initiatives towards a friendly business environment climate in the country.
Earlier, Dr Omobola Johnson, the Minister of Communication Technology, said that online registration would enable users to make payment services from the comfort of their homes. Johnson said that the portal would assist in revenue generation for the commission as well block all financial leakages.
To get started with your business registration with the CAC, make sure you have your National ID Number (NIN) provided to you by NIMC. Then, go and create your customer business registration portal account/access. Also, make sure you download the user guide and read the FAQs so you could have all the required information you need to successfully register your business with the CAC.
After creating an account, you will be asked to fill in your choice business name. You have two business name options to type in for the business name search. Also, for the basic company information, you will be asked for the business classification, company type, reason for availability search and the main objective of the business. In addition to this, you will be asked for your date of birth, nationality, country of residence, residential address, identity type, identity number and identity issue state. After these, you will need to make an online payment of ₦ 500.00 for the name search. CAC will notify you with more details after the name search has been concluded.
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Nice work about business registration, and thumbs up for the great information you share on this post.
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Thank you Ahmed
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