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Nairaland Forum / Nairaland / General / Business / How To Register For The FG Intervention For 250,000 Business Names 2020 (877 Views)
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How To Register For The FG Intervention For 250,000 Business Names 2020 by adekalumichael: 3:02pm On Oct 29, 2020 |
The Federal Government of Nigeria few weeks ago announced the next phase of her survival intervention scheme towards revamping businesses as a way to cushion the effect caused by COVID-19. As part of Nigeria government support to MSMEs,President Muhammadu Buhari approved FREE REGISTRATION of business names for 250,000 MSMEs nationwide by CAC 7,906 free registrations in FCT; 9,084 in Lagos; 8,406 in Kano, and 6,606 free business names in each of the remaining 34 states. We shall be looking at the following to help anyone who is willing to partake in the scheme: i. How to reserve your business name via the CAC ii. How to get your business name approved; iii. Vital documents needed for successful application; iv. Lists of aggregators and state focal persons for the 36 states including FCT; v. How to mail your approved business name via your state focal person. STEP 1: Open your web browser or search engine, such as bing or google. Type in corporate affairs commission and punch your enter key which will direct you to the official website. You can as well click here to register on the portal now: www.cac.gov.ng Once the website is open, you have just two things to do here which are either you register as a newcomer or login if you have an account with them previously. STEP 2: If you are registering on the website for the first time, you will be prompted to provide details of your first name, last name (surname) and middle name etc. Make sure this correspond with other documents you will be submitting in the course of registration any variation or discrepancy may cause a grievous penalty. STEP 3: On the same page, create a username which you will need whenever you want to login into the site some other time and a strong password of your choice which only you can remember. STEP 4: Select your state from a drop-down list provided on the portal as well as the city your business is located. You will be required to state the business name address, it could be an ongoing business location, or your residential address provided you have no shop as at the time of application. Make sure you preview all you have written or selected on the website before you finally click the REGISTER BUTTON at the bottom of the page. STEP 5: [/b]After a successful submission, a mail will be sent to the email address you provided in the account registration. Follow the instruction in the mail by clicking the link sent to you to verify your email. This will lead you to a new window where you will see your CAC account details. [b]STEP 6: [/b]Click on the small button at the top where you have the NAME RESERVATION MENU. Since you are reserving a new name as a first timer, click on the NEW NAME RESERVATION. This will lead you to a new page where you will need to provide five (5) details. Name and type of business which is where you will state the preferred names for your business. Ensure you have two (2) options should one not the available, the other would be. Follow the info in each column as provided on the web page. Ensure you proof read your information using the preview option before submitting. [b]STEP 7: The page will direct you to an online payment site, remita. Where you will need to pay a token of -N-500 to secure your name reservation. Note: This is a compulsory token which holds irrespective of the free intervention scheme rolled out by the FG of Nigeria for 250,000. Once you complete this payment, a receipt will be mailed to you verifying your payment. STEP 8: After 24 hours, you will receive a confirmation mail from CAC about your name reservation so that you can proceed to the next process. STEP 9: Once you verify through the mail sent to you that your reserved name is processed and available, go to the CAC website portal to proceed with the next process. Now you will need to check the reservation button and opt in to the provided link beside where you have APPROVED NOTE. Download it as part of the document you will need along your other document for this registration. STEP 10: Get to your aggregator officer and state focal person via email adding all the registration documents provided below as attachment to your email. Here are the necessary documents you need for a successful application: a) Voter’s card, International passport, driver’s license, national ID card b) Two (2) sizeable photograph passport c) Two guarantors, preferably a clergyman or civil servant d) Name reservation approved note (showing the registered name, contact and availability code) e) Photocopy or scanned copy of your utility bill eg. Water corporation bill, PHCN bill not later than 3 months old. Source: https://www.youtube.com/watch?v=yhSFZTBtsi4 2 Likes |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by DaCharis2016: 11:49am On Oct 31, 2020 |
adekalumichael:Pls can I register more than two lines of businesses for business name registration? 1 Like |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by adekalumichael: 10:18am On Nov 02, 2020 |
DaCharis2016:Nope 2 Likes |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by Nobody: 11:17am On Nov 02, 2020 |
Nice if it's real |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by DaCharis2016: 12:37pm On Nov 02, 2020 |
adekalumichael:Hmm! Thank you. |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by BREYZ: 7:22pm On Nov 02, 2020 |
adekalumichael: The instruction was get in touch with your aggregator not you creating an account on CAC site and making a payment of 666 naira (500 plus deductions). The system is totally free, I don't think your post is the true position. Let me put this straight, if you'll need to create and account and start the name reservation yourself, what's the need of providing 3 supposed business names for reservation by your aggregator? If you answer this question then I can believe you but I am still of the opinion that this is totally wrong and i will urge everyone here to please contact your state aggregators. Thank you. |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by BREYZ: 7:34pm On Nov 02, 2020 |
DaCharis2016: Do you want both under same business name or separate? If under same business name you can. But if separate and on separate business name certificate it's not possible on this federal government scheme unless you intend doing that yourself which attracts some fees. |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by Nobody: 10:23pm On Nov 02, 2020 |
BREYZ:They don't pick their calls, that's the problem here |
Re: How To Register For The FG Intervention For 250,000 Business Names 2020 by DaCharis2016: 10:26pm On Nov 02, 2020 |
BREYZ:One company running up to four different businesses. NB; How can one access the funds as well |
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