The Corporate Affairs Commission
(CAC) has extended the 50% discount on business name registration till March
31.
In a statement released on its
Twitter page, the commission said it took the decision to deepen the benefits
of its reform initiatives.
In October, Vice President Yemi
Osinbajo had announced that the federal government has approved a special
window of 90 days from October 1 to December 31 to register businesses at
N5000, down from as much as N10,000 previously.
“In an effort to deepen the
benefits of its reform initiatives, the Corporate Affairs Commission has
extended the reduction of cost of Registration of Business Names from N10,000
to N5,000 after the Name Reservation of N500, with effect from the 31st
December, 2018 to 31st March 2019,” CAC said in a statement released on
Twitter.
“The Business Incentive Strategy
is aimed at creating a window for Micro, Small and Medium Enterprises (MSMEs)
to formalize their businesses which will enable them own corporate account with
Banks, have access to Loans, grants and other government interventions.
“Members of the public are
enjoined to take advantage of this window, to register their Business Names at
the reduced cost of N5, 000 after the Name Reservation of N500.”
Members of the public are enjoined to take advantage of this window, to register their Business Names at the reduced cost of N5, 000 after the Name Reservation of N500.— CAC Nigeria (@cacnigeria1) 3 January 2019
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com