CAC Extends 50% Cut For Biz Registration Fee By 3 Days - |Ads4naira Blog|

CAC Extends 50% Cut For Biz Registration Fee By 3 Days

The Corporate Affairs Commission (CAC) has
extended by three days the 50 per cent reduction
in the registration fee for Business Names with
effect from 13th August, 2019. A statement
signed by the Commission’s Head of Public
Affairs, Moses Adaguusu, revealed that the fee cut
would now end on Friday, 16th August, 2019.
“The three day 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,”
the statement stated. CAC said 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 three Day extension to register
their Business Names at the reduced cost of
N5,000. Registration can be done online or at any
of the Commission’s Offices nationwide,” the
statement added.

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