Why Business Name Registration Is Necessary–cac - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Why Business Name Registration Is Necessary–cac (210 Views)
₦2000 Discount Registration- Is METAFLUX Legit Or Scam? / Why Business Beginners Should Be Careful Of Partnership Business / What Would Be Your Business Plan If You Had The Necessary Capital? (2) (3) (4)
(1) (Reply)
| Why Business Name Registration Is Necessary–cac by innerkonsult1: 10:47am On Oct 03, 2019 |
The Corporate Affairs Commission (CAC) has stated that registration of business names is necessary for both companies and small scale businesses as any enterprises operating without registering with the Commission is liable to be sanctioned. Head of Bauchi State office of the Commission Alhaji Abdullahi Abubakar stated this, Thursday while speaking on the procedure and requirements for registering businesses at Business support clinic program and e-mentoring with mentors and mentees with beneficiaries of digital livelihood training for young women and girls organized by centre for information technology and development (CITAD) with support from equal digital skills fund held in Bauchi. He said it is compulsory for any one using any name for his business enterprises other than his personal name and surname to register it with the Commission adding that offenders risk penalty. According to him, registering the business will also help business men to have monopoly of the business names and get recognition as legal enterprises. The CAC boss noted that the registration costs the sum of ‘only N10, 000’ Also speaking, the representatives of the National Agency for Food and Drugs Administration and Control (NAFDAC) and Standard Organization of Nigeria (SON) Bashir Musa and Mohammed Chinade explained that after registering with CAC, manufacturers of consumable items should register with NAFDAC while SON registers companies producing both consumable and non consumable items to ensure only quality items are sold to Nigerians. Earlier, the Executive Director of the centre for information technology and development (CITAD) Mr Y.Z Ya’u represented by the technical officer of the centre Kamaluddeen Umar said the training was intended to equip young women with practical ICT training and use its tools that would help them in the ICT industry and to start up micro-enterprises. Source: Blue print Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com |
| Re: Why Business Name Registration Is Necessary–cac by ignitewatch(m): 11:22am On Oct 03, 2019 |
Let them make the registration affordable. Nafdac/Son/CAC |
(1) (Reply)
I Need A Breakdown Of How Much It Will Cost To Open A Barbing Salon / How To Be On Google First Page / Soap Producer Needed For Business Relationship
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |