The CAC is Delisting Nearly 100,000 Businesses for Not Filing Annual Returns
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 […]
Setting Up A Travel & Logistics Startup In Nigeria
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 […]
Keep Your Business Active on the CAC Portal
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 […]
Helpful Little Articles: How To Register Your Business With The Corporate Affairs Commission (CAC)
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 […]
The CAC has Introduced New Rules for Pre and Post-Incorporation Processes
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 […]
Did You Know? You Can Register Your Business Name with the CAC for ₦5000
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 […]
5 Steps to Starting Your Digital Marketing Business
Digital marketing refers to the marketing of products and services using digital media. The internet is a major field for digital marketing, but it also encompasses other means, including mobile SMS and display advertising. Products are promoted using various forms of electronic media. Digital marketing embraces activities covering search engine optimization (SEO), search engine marketing […]
Register Your Business for N10K at the Lagos International Trade Fair
For as low as N10,750, you too can register your business name with the Corporate Affairs Commission at the ongoing Lagos International Trade Fair. Here’s a comprehensive guide to do so: Step 1: Pay N10,750 to Union Bank, stating ‘Trade Fair’ as the purpose (CAC TSA Account) Step 2: Collect registration forms from the CAC […]
Corporate Affairs Commission Plans Reduction of Company Registration Time to 3 Hours
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 […]
FG Slashes Business Registration Rates
The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has disclosed that the federal government has slashed the costs of registering businesses in Nigeria by half. He said, “Following the directive from the President, the Corporate Affairs Commission has since October 1, 2013, slashed fees for business registration by 50 per cent. Under the new […]
7 Things to consider before starting a fish farm
Fish farming falls under the animal production sector of Agriculture, which can also be described as Aquaculture. Aquaculture is the farming of aquatic organism — fishes, crustaceans, mollusks etc., in fresh, salty or brackish water. Fishes are a known source for protein, and fish farming involves the planned growth and cultivation of fishes in tanks […]
Business registration with the CAC now possible round the clock
The Corporate Affairs Commission has commenced a 24-hour start-to-finish business registration process for intending business owners in this country. This will make it possible start the process – having the required documents and fees – and get registered on that same day. This is starting off in Lagos, as the Minister for Trade and Investment, […]