CAC extends 50% reduction in cost of registration fee for business names

The Corporate Affairs Commission, (CAC), has extended by three days, the 50% reduction in the registration fee for Business Names window, with effect from 13th August, 2019. It will now end on Friday, 16th August, 2019.

In a statement made available to Vanguard, the three days extension is to enable Micro, Small and Medium Enterprises (MSMEs) that could not register their businesses during the promo because of the Sallah holidays to do so.

Registration of their businesses will enable them own corporate accounts with Banks, have access to loans, grants and other government interventions. Members of the public are enjoined to take advantage of the 3 Day extension to register their Business Names at the reduced cost of N, 5000. Registration can be done online or at any of the Commission’s Offices nationwide. Vanguard