CAC Business registration online with less than N25k (corporate affairs commission)
Jan 31, 2025
CAC Business registration online with less than N25k. Are you an aspiring entrepreneur looking to register your business without breaking the bank? In this video, we unveil the secrets to CAC Business registration online with less than N25k!
Discover step-by-step tips, showcase essential forms, and learn how to navigate the CAC portal—all from the comfort of your home. With expert insights and practical advice, setting up your business legally has never been easier or more affordable!
Don't miss out on maximizing your entrepreneurial journey. Hit that **Subscribe** button and join our community of savvy business owners! 📈💪 #CAC #BusinessRegistration #Entrepreneurship #Nigeria
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0:00
this is a complete guide registering
0:01
your business name or Enterprises on the
0:03
Cs in our previous video we talked about
0:05
how you can register your business in
0:07
the UK or in today's video we are
0:09
talking about how you can register your
0:10
business in Nigeria with less than
0:12
25,000 na so in this video I'm going to
0:15
be giving you all the details you need
0:16
in registering your business in Nigeria
0:18
so make sure you watch this video to the
0:20
very end like this video subscribe turn
0:22
on the Bell icon for your future content
0:24
so to get started you need to visit the
0:26
CAC website and you can find the link in
0:28
the description of this video so let me
0:30
show you things you can do with this CAC
0:32
website you can search for the public
0:34
search The Reserve name preincorporation
0:36
and post incorporation basically you're
0:39
going to begin with public search this
0:41
is where you're going to confirm if the
0:42
name is available if the name is fit for
0:45
registration then you move to reserve
0:47
name this is where you do your name
0:49
reservation then when your name is
0:51
approved then you will move to
0:52
preincorporation this PR incorporation
0:55
is the main C registration it could be a
0:57
business name it could be a company
0:59
registration
1:00
but this video covers business name so
1:03
once you done with the pre Corporation
1:05
you might get certificate and for post a
1:07
corporation this is where you make
1:09
changes you do your correction and all
1:11
of that stuff and in most cases you will
1:13
need a verify agent for it so let's
1:16
begin with the public search so let's
1:18
click on the search down button this
1:20
will take you to the point where you put
1:22
your name that you want to confirm so
1:24
you click on the search button and the
1:25
search result is going to show us all
1:27
the business name that has been
1:28
registered with that name radel so there
1:31
quite a lot of it the importance of this
1:33
is to reduce the chances of CAC
1:35
rejecting your name reservation so is
1:38
important for you to impute a name that
1:40
is free or a name that meet to their
1:42
policy and their requirements in this
1:44
case you can put in any name you want
1:46
and see what CS is going to talk about
1:48
it and for this CS is going to charge
1:50
you between 700 to 1,000 Na and listen
1:53
for those of you that want to do the
1:54
name reservation perfectly you need to
1:56
watch this video to the very end and
1:59
understand how it work work so let's
2:00
search for R exchange let's say this is
2:02
what our client want so let's see who
2:04
has R exchange so we search for it so we
2:07
find out that nothing was available for
2:09
Radell exchange but if the name has been
2:12
used you will see it here let's say for
2:14
example I put R here you will see r that
2:17
which is my own name so we check on the
2:19
company again nothing was available so
2:21
this is quite encouraging for a specific
2:24
word exchange please note that c only
2:27
permit two words and above you cannot
2:29
Reg only one name on CAC so let's check
2:32
for the name exchange just to be sure
2:35
this is what we could find so we can see
2:37
that the name is in good shape from our
2:39
research we have just done so we are
2:41
going to move on to the name reservation
2:43
before we do this we need an account for
2:45
those of you that want to do this
2:47
business registration for someone else
2:49
you have to create a separate account
2:50
for the person the account will be
2:52
separate from your own let's say for
2:54
example you have four clients you want
2:56
to do this business registration for you
2:58
have to create an account for for each
3:00
of them make sure you abide by the rules
3:02
and regulation so that you will not Stu
3:04
along the way so let's continue so you
3:06
visit regoing this is going to take you
3:08
to a page where you going to click on
3:09
register button at the top right corner
3:11
of the screen so click on it you going
3:13
to select an option to begin with your
3:15
phone number or your National
3:17
identification number so you can select
3:19
your phone number and click on next so
3:21
you're going to imp your files your name
3:23
your contact details and every other
3:25
Vital Information needed during
3:27
registration another important aspect is
3:29
to select the means of your
3:31
identification you are going to select
3:33
one of them and you are going to impute
3:35
the ID number another aspect that you
3:37
might not be familiar with is the post
3:38
code and we are going to teach you how
3:40
you can get your post code so to get the
3:42
post code of any location you simply go
3:45
to any browser of your choice search for
3:47
portal code of that location or the
3:49
location you want to input here so for
3:51
this case we use a portal code and once
3:54
you do this you're going to get a portal
3:56
code of that area another exciting thing
3:58
is that once your specific about that
4:01
particular area you are searching on
4:03
Google Google will give you the portal
4:05
code or maybe recommend a website for
4:07
you and now this is how it works so
4:10
let's move on you are going to scroll
4:11
down and you are going to click on
4:13
register at the top right corner of the
4:15
screen so your account has been created
4:17
successfully so you could save your
4:19
login details after a successful
4:21
registration we are going to get an
4:23
email from the CAC to verify our new
4:26
account so you can open your inbox on
4:28
your email to to verify your newly
4:30
created account so click here on your
4:33
email box after verifying your new
4:35
created account so you go back to login
4:37
to continue your business registration
4:39
another exciting thing about CAC is that
4:42
they provide different options to login
4:44
you can use your username your email
4:46
your phone number to log to your account
4:48
so the accreditation number is for the
4:50
accredit agent so let's move on after a
4:53
successful login they are going to take
4:54
you to your dashboard on your CAC
4:56
website so before we begin with the name
4:58
reservation we have have to edit our
5:00
profile so there are some information we
5:02
need to submit on this edit profile so
5:05
you quickly click on edit profile
5:07
another important reason for visiting
5:09
this edit profile is that this is where
5:11
you have the opportunity to make any
5:13
correction in case you make any mistake
5:15
during your account creation firstly you
5:18
verify your information your date of
5:20
birth your phone number and other things
5:22
to ensure that it matches next you
5:25
scroll down and you upload your
5:27
signature so once you are done next
5:35
you have to upload your passport
5:37
photography so click on upload then you
5:39
select your password photography and
5:41
then upload it so when you have complete
5:43
your profile you click on Save and
5:45
continue so you have to wait for few
5:47
minutes about 15 minutes for the changes
5:49
to protag get fully on the system so you
5:52
have to wait for some time before we
5:54
begin the name reservation so the next
5:57
thing we are going to do is to begin our
5:59
new name res reservation so you can see
6:00
it here so you're going to click on new
6:02
name reservation so do where to read up
6:05
all the information so you can master
6:07
all the kinds of name and the policies
6:09
of CAC so you're going to be accepted to
6:11
choose your classification so you click
6:14
on the business name and then select a
6:16
type so we are going for a so proor then
6:18
you have to put a proposed name so you
6:20
have to submit two names so that in case
6:23
he reject one then he might accept one
6:26
so click on Save and continue then this
6:28
take you to the next one reason for
6:30
availability search so we want to
6:32
reserve this name because it's a new
6:35
name of e corporation and registration
6:37
so you click on new in corporation and
6:40
registration then you have to select the
6:42
nature of your business so here you need
6:44
to take your time you might spend a time
6:46
here so I need to spend time here to
6:48
master what category of business I will
6:51
put in here you could also take your
6:53
time and go through everything so for
6:55
this one we are going with education so
6:57
that we could register a business that
6:59
is digital marketing and other digital
7:02
skills so you could reach up and you
7:04
take your time to select the one that is
7:06
closely related to your business so for
7:08
this the closely related one is ICT
7:11
training and consultancy so just for us
7:14
to be sure let me scroll down let me
7:16
scroll down scroll down from what I'm
7:19
seeing here is ICC training consulty is
7:23
the closest match so the additional
7:25
remark the additional remark is more
7:27
like a summary of what you want to do so
7:29
we have inut that and then you see that
7:32
so after that you scroll down and click
7:34
on Save and continue so this will take
7:36
you to the next page where we are going
7:38
to review all the information we have
7:40
submitted so that is where we are going
7:42
to be sure that we align what we want in
7:44
our mind so this is the review of what
7:47
we have in our mind so this is what the
7:49
clients want so we are going to be using
7:51
this after our clients have confirmed
7:53
that this is what he or she wants so we
7:55
quickly scroll down and then click on
7:58
Save and continue button so it's time to
8:00
make payment I'm going to work a
8:02
different option you could pay using
8:04
remitter so click on the remitter button
8:06
then it's going to take you to this
8:08
invoice to confirm so you are going to
8:10
find this information then you scroll
8:12
down after confirming that confirming
8:14
the amount you want to pay then you
8:16
scroll down and then click on submit to
8:18
make sure that the information is
8:20
actually visible there so these are the
8:22
several types of payment option we have
8:24
so you could select any of them for this
8:26
video we are going to select ATM card so
8:29
we are putting our card details and now
8:31
it's taking us to the OTP page so we are
8:33
going to get the OTP code sent to the
8:36
registration phone number or email
8:38
address that is linked to this ATM card
8:40
or bank card so you are going to input
8:43
that code there and then click on submit
8:45
so the transaction has been processed
8:47
and here is the successful PID so it's
8:50
going to for you back to the website and
8:52
then you can download your receip and as
8:54
you can see the reservation has been
8:56
submitted successfully so you quickly
8:58
download the receipt it's optional
9:00
though for reference sake so you scroll
9:02
to your cuso and then click on your
9:04
dashboard so you are going to see that
9:06
your name reservation is currently
9:08
pending so you're going to give CSC some
9:10
time to give you feedback it was
9:12
approved if it was denied and all of
9:14
that stuff anything you are doing on
9:16
this CS website they going to give you
9:19
feedback so in this case what you are
9:21
going to do is to just submit your name
9:23
of reservation so CSC is going to give
9:26
you an email notification if the name
9:28
was available or or if the name was
9:30
approved or denied in some cases where
9:33
the name was denied or rejected you have
9:35
to start a new name reservation you
9:37
would need to make a fresh payment okay
9:40
so usually why I recommend people to do
9:42
this name research is to reduce the
9:44
chances of CAC rejecting your name
9:47
reservation appeal so you understand the
9:49
importance of the name search you might
9:51
do the name search and CAC may have
9:52
their own reason of denying the name s
9:55
and it could be because of the new
9:57
policy or something like that they are
9:59
going to to give you feedback so in this
10:01
case all you need to do is to change the
10:03
name you go back you go back to the name
10:05
St to ensure that the next thing you
10:07
want to use is free that nobody has used
10:10
the name and also in most cases where
10:12
the name is approved they going to give
10:14
you an email notification like I said
10:16
earlier that the name has been approved
10:18
they're also going to give you a name
10:20
reservation code that you will use to
10:22
begin the business name registration all
10:24
you need to do is simply go to your
10:26
dashboard and begin the company
10:27
registration so I'm going to show you
10:29
how to do this ens sure you stick around
10:31
so the next step is the CSC business
10:33
name registration so this is actually
10:35
the heart of the cost episode so if you
10:38
log out you have to log into the website
10:40
again to log into your account so you
10:42
could begin the business name
10:44
registration so this is going to take
10:46
you to the dashboard as usual you're
10:48
going to find the name that has been
10:49
reserved here so you could click on it
10:51
CSC usually send an email notification
10:54
about it so let's see what it look like
10:56
so before we start the registration
10:58
let's click on approved note this is the
11:00
details of the name that was approved
11:03
this is how effective it is so we are
11:05
going to go back to our dashboard then
11:07
you click on resolve so this is resolve
11:09
business name then you click on start
11:11
registration the CSC business name
11:13
registration basically has five
11:15
categories before you move to payments
11:17
you could see the business details the
11:20
particles of the Proprietors nature of
11:22
business documents upload preview so
11:24
let's start from the business details
11:26
let's start from the first business
11:28
comment date it is good to know that
11:30
every business in Nigeria is expected to
11:33
register their business with CAC within
11:35
one week of operation so you have to
11:37
comply with that policy so you won't pay
11:39
any fee or any fine during your
11:41
registration of business so you're going
11:44
to select when your business comment the
11:46
CSC website have to know that and you
11:48
select the date so after that you f all
11:51
your details your email address your
11:53
phone number you just scroll down and
11:55
you feel other information is that easy
11:57
so if you have a branch you you could
11:59
add your brand so then you click on Save
12:02
and continue in this stage you'll be
12:04
required to fill in the properties and
12:06
details so at this stage the information
12:08
will appear automatically because we
12:10
have done this during the registration
12:12
when we are trying to create our account
12:14
so you could V so you could visit the
12:16
edit profile if you want to make changes
12:19
and then you click on Save and continue
12:21
so you add up the nature of the business
12:23
so you click on ADD then you select the
12:25
nature of the business in which the
12:27
business fall under for this business is
12:29
fall under education so you are going to
12:32
imped this one and that is it so we are
12:34
going to click on add the nature of
12:35
business so once you confirm that the
12:37
information is correct you click on Save
12:40
and continue so this is going to take
12:42
you to a place where you're going to
12:43
upload your documents CS require that
12:45
you upload a valid government ID
12:48
signature and passport so let's upload
12:50
our government ID in this case so you're
12:52
going to select your valid government ID
12:55
card then click on open so next you are
12:57
going to upload your signature so you
12:59
upload your signature then finally your
13:02
passport photograph which is optional
13:04
they going to need this if you have any
13:06
issue or if you have penal to pay so
13:09
you're going to upload the receipt of
13:10
your payment there so for now we are
13:13
done in this case there is no penalty
13:15
for this then you click on Save and
13:17
continue so this will take you to a
13:19
preview page where you confirm your
13:21
details then you proceed to payment to
13:23
see how everything works so we are going
13:26
to pay with remitter so you click on
13:28
remitter to be begin the payment process
13:30
so once again I want to remind you to
13:32
visit the description of this video and
13:34
access the playlist of all of this so
13:37
for this payment you could choose any of
13:39
this option so I'm going to choose my
13:41
bank card so you could use your bank
13:43
transfer ussd code so the total amount
13:46
we are going to pay is
13:48
10,250 n the 250 n covers other
13:51
transaction fees and other extract
13:53
charges so we are going to wait for this
13:55
to process so you're going to imput the
13:57
OTP sent to your phone number or your
14:00
email address linked to the bank account
14:02
so that is it if you use a bank option
14:05
once you are done you click on submit
14:07
then you allow the payment to process
14:09
now payment has been successful so this
14:11
is going to take you to a page where you
14:13
are going to show that you have
14:15
successfully paid then scroll up and
14:17
download the receipt for reference sake
14:19
then after this you go back to your
14:21
dashboard so you could see that the
14:22
registration is still pending and you're
14:24
going to give C some days they will give
14:27
you an email about the status of
14:29
registration after the business
14:31
registration has been successful the
14:33
next step is to download your CAC
14:35
document so you go back to CAC website
14:37
and login then you could see the
14:39
registration button so it shows that
14:41
your business has been registered and
14:43
then you click on that and you are going
14:45
to find download documents option at the
14:47
right hand side of the screen and then
14:49
you click on the download document of
14:51
your business so CS has made it easier
14:54
for you to download your status report
14:56
and your certificate so you click on
14:58
download button for the status and once
15:00
it's downloaded successfully you click
15:02
on the certificate so you see this is
15:04
very easy to do then you close the tab
15:06
so we are going to open the certificate
15:09
so to do this you are going to scroll
15:11
down to verify all your details so let's
15:14
verify the status report and you come
15:16
down here and click on open so you could
15:18
also find this in your download section
15:20
or on your file manager on your PC or
15:23
your mobile phone so that is all how to
15:25
navigate a Common issue during
15:27
registration so this part is going to
15:29
cover how to navigate common issue
15:31
during registration maybe if you're
15:33
having any problem I'm going to
15:35
highlight everything you need to know so
15:36
you can be able to do it yourself though
15:39
I'll create a separate video on that so
15:41
make sure you like this video subscribe
15:43
so you be the first person to get
15:44
notification whenever I post a related
15:46
content so for this one I'm going to
15:49
start by reviewing the issue you can
15:50
face after name reservation so one of
15:53
the issue you might read is that your
15:55
name might be rejected or denied so let
15:58
me quickly cover this different segment
15:59
in the name reservation so the first one
16:02
is not submitted this us happen when you
16:04
start the name reservation you not
16:06
complet it maybe because of network
16:09
issue or you restart your system or you
16:11
Rel in so the first one is not submitted
16:14
this one usually happen when you begin
16:15
the name reservation but you do not
16:17
complete it maybe because of network
16:19
issue or you restart your system or you
16:22
Rel into the website so when you see
16:25
something like this what you going to do
16:27
is to click on it and continue your name
16:29
reservation an application on that
16:31
website so the second one is spending
16:34
this usually happen when you are done
16:35
with the name reservation you submitted
16:37
it to the CAC to look into it and then
16:40
approve so it's going to be on hold
16:42
until they give you feedback so after
16:44
the name has been reviewed is either
16:47
denied or approved then it will go out
16:49
from pending so if it's approved you're
16:52
going to see it on this website just
16:54
like I show you lately in this video so
16:56
if it's deny you going to see something
16:58
like this that going to give you reasons
17:00
why it was denied or rejected so this
17:03
one here says doesn't permit the use of
17:06
dollar in your name so the second one
17:08
says the name is capable of misleading
17:10
the public as to the nature of the
17:12
business so sometimes CS wants you to
17:14
give a deep details of what your
17:16
business is all about so when you scroll
17:18
down you see is the same thing you will
17:20
see comment about the name so this is
17:22
why it was rejected so if you want to
17:25
print it you can also print it out so
17:27
let's go back to the dashboard so we are
17:29
going to move on to the business so for
17:31
business registration these are the
17:33
major ones so let's talk about the four
17:34
different categories in this business
17:36
section number one is not submitted so
17:38
this is similar to what happened with
17:40
name reservation maybe it could be a
17:42
network problem or you are trying to
17:44
upload a file or something like that so
17:46
when you see something like this you can
17:48
take a break and fix it letter so when
17:50
you go back to the website you can
17:51
continue from where you stopped so click
17:53
on not submitted and you fill in all the
17:55
required information and document and
17:57
then you click on submit application and
17:59
you make the payment and that is it so
18:02
your application will be submitted and
18:03
you'll find it independent I believe I
18:05
show you something like this in this
18:07
video so an approval you are going to
18:09
get an email address that your business
18:11
registration has been approved so if
18:12
it's not approved the same process so
18:15
like I said before it's either you get
18:17
approved notification or you get a
18:19
denied notification and the best thing
18:21
about this platform is that if you
18:23
having issue you will not make any fresh
18:25
payments so usually CS is going to give
18:27
you a notification that you need to
18:29
review your information and provide an
18:31
accurate information so if they want you
18:33
to do something else they will tell you
18:35
so you could also log in here let's say
18:37
every day you log into the website to
18:38
know what is going on so once you re the
18:40
deny section here they going to give you
18:42
a notification that your business
18:44
document has been denied so you going to
18:46
click on the deny option and then you
18:48
are going to see what CSC wants to do so
18:50
now I'm going to log into another CSC
18:52
account so I'm going to show you example
18:54
of what this look like so this is
18:56
another CSC account so this is the
18:59
denied registration so I'm going to use
19:01
this to explain further so click on the
19:03
deny button so I'm going to wait for
19:05
this to load up so then you are going to
19:07
scroll down to the deny history then
19:09
it's going to show you the reason why
19:11
CAC has been rejected your business
19:13
registration so from what we see here it
19:16
says rephrase and use digital marketing
19:18
comma itc's training and consultancy
19:21
service in objective fls so this is
19:24
where C wanted to make this correction
19:26
you are going to copy this part and
19:27
replace it in the nature of the business
19:29
doing registration so we are going to
19:31
make a video speciically for this issue
19:33
we don't want this video to be so
19:35
complicated so make sure you subscribe
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to this channel so you be the first
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person to get notification whenever we
19:40
post a related content like this and if
19:42
you have any question please drop it on
19:44
the comment section and I'll be there to
19:46
guide you through thank you and bye for
19:47
now
#Business Education
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