The Federal Government’s free business registration programme has returned online, giving eligible Nigerian entrepreneurs another opportunity to register their businesses with the Corporate Affairs Commission (CAC) at no cost.
The initiative, implemented in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is designed to support 250,000 eligible nano, micro and small businesses across the country.
Following previous access difficulties, the registration portal is now accessible again, allowing interested entrepreneurs to create accounts, provide their business information and complete the registration process.
Under the initiative, the Federal Government will cover the CAC business name registration fees for successful beneficiaries, while SMEDAN will provide business development support and access to other opportunities.
Eligible business owners who have not registered their businesses businesses with CAC are encouraged to take advantage of this opportunity.
Quick Facts About The Programme
– Programme: Free CAC Business Registration Programme
– Implementing Agencies: Corporate Affairs Commission (CAC) and SMEDAN
– Target Beneficiaries: 250,000 Businesses
– Eligible Applicants: Nigerian Nano, Micro and Small Business Owners
– Registration Fee: Free for successful beneficiaries
– Registration Category: Business Name Registration
– Application Portal: SMEDAN Online Portal
– Application Deadline: Not Specified
About The Programme
The Federal Government’s free CAC business registration initiative is designed to help small business owners formalise their businesses without bearing the cost of registration.
Through the partnership between CAC and SMEDAN, eligible entrepreneurs can register their business names at no cost, making it easier for small businesses to operate formally and access business development opportunities.
The initiative targets 250,000 nano, micro and small businesses across Nigeria.
In addition to covering registration fees, SMEDAN is expected to support beneficiaries through business development services and other opportunities that can help strengthen their businesses.
BENEFITS Of The PROGRAMME
Free Business Registration: The Federal Government covers the CAC business name registration fees for successful beneficiaries.
Business Formalisation: Opportunity to obtain official CAC business name registration.
Business Development Support: Access to business development services through SMEDAN.
Business Opportunities: Potential access to other opportunities and support available through SMEDAN.
Wider Business Recognition: Formal business registration can help entrepreneurs establish a recognised business identity.
How to Register:
Step 1: Visit the SMEDAN Portal: https://portal.smedan.gov.ng
Step 2: Create an account using your email address and phone number.
Step 3: Verify your email address and log in to your dashboard.
Step 4: Complete your personal and business profile with the required details
Step 5: Submit your application and obtain your SMEDAN Unique Identification Number (SUIN).
Step 6: Follow the instructions provided to complete your FREE CAC Business Name Registration.
Step 7: Once approved, download your CAC Business Name Certificate.
Requirements:
• National Identification Number (NIN)
• Valid phone number
• Active email address
• Proposed business name
• Business address
• Business description
The initiative is limited to 250,000 businesses nationwide, so don’t delay.
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