Archives Tag: CAC
How Much Does Customer Acquisition Cost?
April 19, 2022
As an entrepreneur with a business running and customers coming in regularly, how knowledgeable are you on the cost of acquiring one customer in your business? This knowledge is what we refer to as Customer Acquisition Cost (CAC) and it is one of the most critical metrics for measuring your business’ success and growth. … Continue reading How Much Does Customer Acquisition Cost?
Essential Licenses for Nigerian Businesses
April 19, 2022
According to the World Bank’s latest Ease of Doing Business report, Nigeria ranks 131st out of 190 countries, reflecting a positive shift from its previous position of 146th in the 2019 report. This improvement can be attributed, in part, to the government’s efforts to streamline the business registration process and enhance the overall regulatory … Continue reading Essential Licenses for Nigerian Businesses
The CAC is Delisting Nearly 100,000 Businesses for Not Filing Annual Returns
April 19, 2022
The Corporate Affairs Commission (CAC) says it will begin delisting almost 100,000 businesses from its database soon. The commission has explained that the affected businesses are being removed from its register due to their failure to comply with the provisions of the Companies and Allied Matters Act (2020). Read more about Business The commission … Continue reading The CAC is Delisting Nearly 100,000 Businesses for Not Filing Annual Returns
Setting Up A Travel & Logistics Startup In Nigeria
April 19, 2022
Nigeria, a country located in West Africa, is known for its rich cultural heritage, diverse landscapes, and growing economy. In recent years, there has been a significant increase in the demand for travel and logistics services in Nigeria, driven by the middle class, increased business travel, and a growing tourism industry. This presents a … Continue reading Setting Up A Travel & Logistics Startup In Nigeria
Keep Your Business Active on the CAC Portal
April 19, 2022
If you have not checked the status of your business with the Corporate Affairs Commission (CAC) in a long while, now is a good time to do so. There’s a good chance that your business is listed as ‘INACTIVE’ on their portal. And if this is the case, it doesn’t bode well for your … Continue reading Keep Your Business Active on the CAC Portal
Importance Of Registering Your Small/Medium Scale Business Under CAC
April 19, 2022
In starting a small or medium scale business in Nigeria, one of the steps this scale of business should take is registering their business with the Corporate Affairs Commission (CAC). Read more about Business It is the foremost step in establishing your business presence even before you trademark your business with other identities such as … Continue reading Importance Of Registering Your Small/Medium Scale Business Under CAC
How To Reduce Your Customer Acquisition Costs
April 19, 2022
The pace of a business’s growth partly depends on how it’s able to increase its Return on Investment (ROI) over time. Companies may try to achieve this by increasing their revenues and shrinking their expenses. Read more about How To One of the key costs that businesses try to cut is the Customer Acquisition … Continue reading How To Reduce Your Customer Acquisition Costs
The CAC Will Now Issue Certificate of Incorporation With TIN to Businesses
April 19, 2022
The Corporate Affairs Commission (CAC) will now issue its Certificate of Incorporation along with Tax Identification Number (TIN) to businesses that register with it. The agency says it’s doing this in line with the Federal Government’s Ease of Doing Business Initiative. The CAC made this known in a public notice dated the 29th of June … Continue reading The CAC Will Now Issue Certificate of Incorporation With TIN to Businesses
Helpful Little Articles: How To Register Your Business With The Corporate Affairs Commission (CAC)
April 19, 2022
Nigeria has a huge population and given the enterprising nature that has come to be associated with its people, there are a great many businesses in its economy. There are great advantages to having your business registered in an economy like Nigeria’s which is majorly informal. If you have a vocation or trade which you … Continue reading Helpful Little Articles: How To Register Your Business With The Corporate Affairs Commission (CAC)
By david-okwara
The CAC has Introduced New Rules for Pre and Post-Incorporation Processes
April 19, 2022
The Corporate Affairs Commission (CAC) says it is modifying some of its business registration rules. The specific changes concern the pre-incorporation and post-incorporation processes which business entities must go through as legally recognized corporate entities in Nigeria. One tweak to the registration process allows users of the CAC portal to check for names that conflict … Continue reading The CAC has Introduced New Rules for Pre and Post-Incorporation Processes
Did You Know? You Can Register Your Business Name with the CAC for ₦5000
April 19, 2022
The Corporate Affairs Commission recently extended the deadline for accessing its discounted business registration fees. The new deadline, set for August 13, will allow more micro, small, and medium enterprises to register their business names for ₦5000. The reduced fee was first introduced last year under the Business Incentive Strategy (BIS) initiative, designed to make … Continue reading Did You Know? You Can Register Your Business Name with the CAC for ₦5000
The Law & You: Companies Income Tax In Nigeria
April 19, 2022
Companies Income Tax (CIT) is a direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at state or local levels. Company income tax is one of the most important sources of revenue collection … Continue reading The Law & You: Companies Income Tax In Nigeria
Nigeria Registers 38,419 New Companies 2014, Says CAC
April 19, 2022
The Corporate Affairs Commission, CAC, has announced that the commission has registered a total of 38,419 new companies/businesses nationwide in the first quarter of 2014. According to the statement signed by the commission’s Director of Public Affairs, Williams Churchill, the figure comprises 19,057 limited liability companies, 17,399 business names and 1,963 incorporated trustees popularly known … Continue reading Nigeria Registers 38,419 New Companies 2014, Says CAC
Corporate Affairs Commission Plans Reduction of Company Registration Time to 3 Hours
April 19, 2022
The Corporate Affairs Commission (CAC) has announced plans to reduce the amount of time it takes to register companies down to three hours by the first quarter of 2014. CAC said this would be possible due to the deployment of a new software. Alhaji Bello Mahmud, Registrar-General of the Commission, made this announcement during the … Continue reading Corporate Affairs Commission Plans Reduction of Company Registration Time to 3 Hours
How to Register a Company in Nigeria
April 19, 2022
(Demystifying Company Registration in Nigeria: Get Incorporated in 3 easy steps) Are you ready to register your company with the Corporate Affairs Commission (CAC) but confused as to how it is done? This article will show you the simple 3- step procedure to get it done. But first, let’s bust a couple of myths. … Continue reading How to Register a Company in Nigeria
By pagboga
