CAC and SMEDAN Launch Free Business Registration for Nigerians

The Corporate Affairs Commission (CAC) of Nigeria, in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), offers a free business registration initiative aimed at helping micro, small, and medium enterprises (MSMEs) formalize their operations without the usual registration fees. This program targets Nigerians operating unregistered small businesses, such as sole proprietorships and partnerships, but does not cover limited liability companies or businesses already registered with the CAC.

To apply, entrepreneurs must meet specific requirements, including having a valid National Identification Number (NIN), preferred business names, a description of their products or services, accurate physical addresses, a recent digital passport photograph, a scanned signature, and a functional email address and telephone number. The program is available only during active registration windows, and applicants must follow the outlined procedures for identity verification and document submission.

Successful applicants will receive electronic registration documents through the designated official channel.