Business Registration and Licences Archives - Utibe Etim - Business Plans, Fundings and Opportunities

Business Registration and Licences

Free 250,000 FG/CAC Business Names Registration for MSMEs

Business formalisation Support of the MSME Survival Fund As part of Federal Government’s post Covid-19 Pandemic survival intervention to support micro and small businesses to formalise their businesses, the Federal Government has approved the free registration of 6,606 Business Names in each of the 34 states while Abia, Lagos and Kano will have 7,906, 9,084 and …

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Corporate Affairs Commission (CAC) Extends 50% Reduction in Cost of Registration Fee for Business Names

The Corporate Affairs Commission (CAC) has announced the extension of the 50% reduction in the registration fee for Business Names for 3 more days with effect from 13th August, 2019. The new date will now end on Friday, 16th August, 2019. The decision to extend the deadline is because of the Sallah public holidays. The …

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Corporate Affairs Commission- Extension of The 50% Reduction for Business Names Registration

The Corporate Affairs Commission(CAC) recently extended the deadline for the 50% reduction for business names registration. The new deadline is August 13. This is to enable more micro, small, and medium enterprises to register their business names for ₦5000 instead of ₦10,000. It would be recalled that the reduced fee was first introduced in October 2018 under …

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CAC Reduces the Cost of Business Name Registration by 50%

On the 2nd of October 2018, the Corporate Affairs Commission of Nigeria announced on their website a 50% per cent reduction in business name registration and the reduction is for a limited time only. This reduction is to help Micro, Small and Medium Enterprises (MSMEs) to formalize their businesses and the reduction is only valid from 1st October …

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Corporate Affairs Commission (CAC) Removes the Requirement for Proficiency Certificate

The Corporate Affairs Commission of Nigeria has removed the requirement for Proficiency Certificate. This review was made by the management of CAC on the 19th of April 2018 in furtherance to its reform initiatives. Under this new arrangement, members of the public are not required to submit Proficiency Certificate to the Commission for registration of …

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National Agency for Food and Drug Administration and Control (NAFDAC) Registration Fee

These are the prices here: * DRUGS:=N= 70,000 (seventy thousand naira) Breakdown =N= 50,000 processing fees =N= 20,000 registration certificate Renewal is 50% of total cost of registration * ORPHAN DRUG : =N= 25,000 (Twenty five thousand naira) Breakdown =N= 10,000 processing fees =N= 15000 registration certificate * FOOD: =N= 50,000 (fifty thousand naira) Breakdown …

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How to Get a Tax Identification Number (TIN)

FIRS

The Tax Identification Number (T.I.N.), is a 14 digit sequential number generated electronically as part of the tax registration process and assigned to all taxpayers; company, enterprise or individual for identification. It is free and can be obtained from any Tax office closest to you.   It is imperative that you obtain your TIN especially …

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9 Benefits of Business Registration

Benefits

Getting on Record One great advantage of having your company registered with the local, state or federal government is to ensure your company name is not registered by someone else. You should always have it in mind that if your company name is “Utibe Etim Ltd” and someone else has already registered “Etibe Etim”, you …

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Business Registration in Nigeria Made Easy

Benefits

In November when the Minister of Trade and Investment, Mr. Olusegun Aganga, said he will make deliberate attempt at lowering the cost of doing business in Nigeria through policies formation and review, I doubted him and I was wondering how he was going to achieve that. I was surprised when Federal Government approved a downward …

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How to Register Your Business/Company with CAC Nigeria

This article will show you how to register your business/company with corporate Affair Commission of Nigeria. I will show you how I registered my own business (Etimate Global Services) with CAC and the steps to take to register it without spending much. I will also show you what it will cost you to register. Registration …

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