CAC extends cost reduction of business registration till March 31

The Corporate Affairs Commission, on Thursday, extended the period that those who want to register business names could enjoy cost reduction.

The Commission stated that beyond slashing business name registration from N10,000 to N5,000, it has also extended the duration of the initiative till March 31.

The government agency made the announcement on its Twitter handle, @cacnigeria1.

CAC said, “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.”

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