CAC Registration Full Instruction | CAC (Corporate Affairs Commission) Registration guideline. How to register your Company, Business and Incorporated Trustee, or if you want to change your Company Name, Business Name etc. The Requirement and Eligibility. Read through.
About CAC Registration
Do you want to get CAC Certificate? Or you want to register your business with Corporate Affairs Commission, Or you want to know how to register Company, Business Name with CAC. If Yes, Then carefully read the page.
Corporate Affairs Commission is responsible for the following:
- To administer the Act, including the regulation and supervision of the formation, incorporation, management and winding up of companies
- To establish and maintain companies registry and offices in all the states of the Federation suitably and adequately equipped to discharge its functions under the Act or any law in respect of which it is charged with responsibility
- Arrange and conduct an investigation into the affairs of any company where the interests of the shareholders and the public so demand
- To undertake such other activities as are necessary or expedient for giving full effect to the provisions of the Act.
- The Commission also registers Business Names, and Incorporated Trustees as well as provides a wide range of ancillary services
Benefit for CAC Certificate
- Legal Recognition: A CAC certificate provides legal recognition to a business entity, confirming its existence as a registered company under the laws of Nigeria.
- Limited Liability Protection: For companies limited by shares or guarantee, obtaining a CAC certificate helps to separate the personal liabilities of shareholders or guarantors from the liabilities of the company itself.
- Business Credibility: Having a CAC certificate enhances the credibility and trustworthiness of a business entity in the eyes of customers, clients, suppliers, investors, and other stakeholders.
- Access to Funding: Many financial institutions, investors, and government agencies require businesses to have a CAC certificate to access loans, grants, investment opportunities, and government contracts.
- Legal Capacity to Sue and Be Sued: With a CAC certificate, a registered business entity gains the legal capacity to enter into contracts, sue, or be sued in its own name, providing protection and recourse in legal matters.
- Business Opportunities: Registration with CAC opens up various business opportunities, including eligibility for government tenders, participation in public projects, and collaboration with other registered entities.
- Brand Protection: Registering a business name or trademark with CAC helps to protect the brand identity and intellectual property rights of the business, preventing others from using similar names or logos.
- Tax Compliance: CAC registration facilitates compliance with tax laws and regulations, enabling businesses to obtain tax identification numbers (TINs) and fulfill their tax obligations to the government.
- Business Expansion: A CAC certificate provides a solid foundation for business growth and expansion, allowing companies to operate across multiple locations, enter new markets, and engage in international trade.
- Investor Confidence: Investors and potential business partners are more likely to invest in or collaborate with a registered company that holds a valid CAC certificate, as it demonstrates compliance with legal requirements and a commitment to transparency and accountability.
Overall, obtaining a CAC certificate offers numerous benefits that contribute to the legal, financial, and operational integrity of a business entity, positioning it for growth, success, and sustainability in the marketplace.
List of Federal Government Grant Programme
CAC Registration Full Instruction 2024
To get a Company Name, Business Name recognize by Corporate Affairs Commission in Nigeria, you must past through the Four (4) steps below:
Registration steps for Business Names:
- Create an Account with email and password
- Log in Click Here
1) Public Search: To search for available name you want your Company or Business to be recognize publicly and approved by Nigeria Government (Corporate Affairs Commission).
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- You must suggest two (2) Names (e.g Mr A&B Supper Store or Mr A&B Electrical Store)
- Cost per Search N500
2) Reserve a Name: Submit your Preferred Business Name (e.g Mr A&B Supper Store or Mr A&B Electrical Store), then wait for the approval from the CAC. However, If the two names submitted one of them is approved, you will received approval letter attached with a code number for registration in your email, but if the two names submitted none is approved you will search for another name.
3) Pre-Incorporation: If the two names submitted one of them is approved, continue registration with the approval code.
4) Post-Incorporation: You can change your Existing Business
Cost Of CAC Registration (Limited Liability Company)
- Names Search: N500.00 per Search
- Registration Fee: N10000.00
Others charges click here
Documents Needed To Upload:
- Recent Passport Photograph
- Mean of Identification: e.g National ID, International Passport, Etc.
- Signature
How Long is the CAC Certificate be Ready:
Yes, after registration and successful submission you will wait for approval, If approved 7 working days you will received a notification in your email that your Certificate is ready, then you can now Login and print.
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