How to Register Business Name with CAC in 2022

In this post, we discuss how to register business name with CAC in Nigeria in greater detail. This rigistration is done completely online and free of any third-party charges. This registration is especially for small business owners.

CAC Online Business Name Registration - Introduction:

image showing a business lady in her tailoring shop with CAC logo and a text that reads register your small business with CAC in less than 14 days

Sometimes in the year 2021, CAC introduced and launched a new portal which makes it possible for all Nigerians to be able to register their business name online without having to make any physical appearance at any of the CAC offices.

While this development has proven to make registering a business name easy for all Nigerians, any individual can still loose his or her money in the process of his business name registration.

You ask how so? Because any payment made on the CAC website is not refundable!

And any slight mistake can lead to disapproval of your business name registration on the CAC website which, in other words, means your money had just been wasted.

For this reason, you must be very aware of every single step and procedure involved in how to register business name with CAC online.

Hence, I'll want you to pay closer attention to the step by step guides on how to register business name with CAC online as is provided below.

How to Register Business Name with CAC

Cost: NGN12,500
Days Taken: 14 days

Required Items:

  1. Register An Account on CAC CRP Portal

    image showing CAC Registration Portal Home page

    Before anything, the first step you need to take is to visit the CAC CRP portal here and register an account. This registration gives you access to the CAC CRP Portal Dashboard.

    It is from this Dashboard you can follow up with your Business Name registration. And using a single account, you can register as many business name as you want so long as you're the proprietor of the business.

    During registration, you'll be asked to provide several information which include:

    • Your Names
    • Date of Birth
    • Phone Number
    • E-mail Address
    • Username and Password [for logging into the CAC website]
    • Your Occupation
    • Your address: country, state, LGA, post code, city/town, house number / building name and street name.
    • Means of Identification

    After you might have entered all the required information, you may now click Register and by now, an e-mail message would be dispatched by the CAC CRP system to your registered e-mail address.

  2. Verify your E-mail Address

    image showing Confirmed E-mail Address Notification on CAC Portal

    You must now visit the inbox of the e-mail address you used for registering your CAC CRP account to check for the verification e-mail message that was sent there.

    Check the e-mail and click on the link that's contained in there. Once clicked, the link would open in another browser window and your e-mail address would be verified.

    Now that your CAC CRP account is verified, you may now log onto your CAC CRP portal.

  3. Login to Your CAC Portal Dashboard

    image showing CAC Portal Login Page

    After registration is complete and you have confirmed your e-mail address by clicking on the link sent to the e-mail address used during registration, you may now log onto to the CAC CRP Portal using either the combination of your e-mail address and password or your username and password.

    And you can also log onto the CAC website using the combination of your phone number and password.

  4. Do A Business Name Search

    image showing CAC Public Business Name Search Portal Home page

    Next, do a CAC business name search from the CAC public search portal. This should be done to be sure that your business name or any other business name that shares any major similarities to your own business name has yet been registered with the CAC.

    Although this step is not a must but it should be done to save you time and perhaps, money. To perform a CAC business name search, simply visit CAC Public Name Search Portal here and enter your desired business name in the search box that's provided on that page and then, hit the enter button.

    Once you hit the enter button, the search box will return all business names similar to yours, if any. If none is returned, you should click on each tab to be sure. E.g Business Name, Company Name etc.

  5. Click New Name Reservation from the Dashboard

    image showing New Business Name Reservation Link on CAC CRP Portal Dashboard

    Now, go back to your CAC CRP Dashboard. Once logged on, the system will take you straight to your Dashboard. Simply locate the New Name Reservation link and click it.

    Once clicked, the system would take you to the next step from where you can submit the business name you wish to register with the CAC.

  6. Enter Your Business Name in the Spaces Provided

    image showing New Business Name Reservation Box on CAC Portal

    From the image seen above, you can see that some empty spaces are there. Click Classification field and select Business Name from the list that dropped down.

    Next, click the Specific Type space and select the category that your business can best fit in. If you're the sole owner of the business, choose "Business Name - Sole Proprietor" otherwise, choose the other.

    Next, proceed to the Proposed Names section and enter your Business Name. Enter your actual business name as the first option and any other desired business name into the space provided for the option two.

    NOTE: you're provided with two options because it is possible that your first choice had been registered. Or, it may be very similar to another registered Business Name, so instead of returning disapproval message, CAC would just approve your second choice for registration.

    Finally, click Save and Continue. Clicking this would save your inputs and take you to the next step.

  7. Preview the Information Entered

    image showing New Business Name Reservation Information Preview

    Now, you can preview the information you have supplied. If evrything there looks fine to you, you may proceed to the next step otherwise, click the Back button to make necessary amendments.

    Now, let me assume you are okay with the information in the preview and that no errors were observed. Now, click Save and Continue.

  8. Make Payment for the Name Reservation

    image showing Remita Payment Button on CAC Portal

    Here, you'll see the amount you're charged for the name reservation. If you're ready to make payment, you can now click on the Remita logo that's being displayed.

    Once clicked, that would open a pop-up window from where you can complete your payment. Remita supports several payment options which include pay by bank account, card, USSD, PayAttitude and bank branches.

    Once your payment is successfully made, you may now proceed to the next stage.

  9. Wait for Name Reservation Status

    image showing Wait Palm

    Now, you only have to wait for CAC to review your submission and make decision regarding your name reservation request.

    In most cases, you'll receive a response from CAC within twenty-four hours from submission. Other times, it takes up to three days before you receive any response.

    If you have done everything correctly, your Business Name Reservation would definitely be successful.

  10. Now, Proceed to Register Your Reserved Business Name

    image showing Reserved New Business Name on CAC Portal

    NOTE: I am assuming that your name reservation which was completed at the step 8 from above is successful. If truly that is the case, you should log onto your CAC CRP Portal again and then, proceed with the Business Name registration.

    Once you're logged on, from your CAC Portal Dashboard, you should see something similar to the image above. Click the Reserved icon.

    Once you clicked the RESERVED icon the next page that opens would show you the details of the reservation and you can then click Continue Registration or Register Business from that page.

  11. Fill-in Your Business Details

    image showing New Business Name Registration Details on CAC CRP Portal

    The page that opens would show you lots of spaces to fill-in correctly. These include:

    • Your Business Commencement Date
    • Business E-mail [You can use the same e-mail that was used to register for the portal]
    • Business Phone
    • Principal Place of Business - this must be accurately filled.

    Once you're done here, click Save and Continue. This will save your inputes and take you to the next stage.

  12. Fill-in Your Business Particulars

    image showing New Business Name Particulars on CAC Portal

    Here, the system will auto-populate the information that was stored in your account during registration while applying for the name reservation.

    If you're sure all the information that was earlier provided was okay and correct, you can simply click Save and Continue so that the system takes you to the next stage.

  13. Fill-in the Nature of Your Business

    image showing Nature of Business Box on CAC Portal

    Again, the system will auto-populate the information that was stored in your account during registration while applying for the name reservation. The information that would be populated here would be the ones entered under Business Classification and Specific Type.

    However, you can edit this if you wish to alter the information. To edit, simply click the Edit button and make amendments as you wish. But if you are okay with the information as it is, click Save and Continue to proceed.

  14. Upload Your Documents

    image showing Uploaded Documents for New Business Name Registration on CAC Portal

    This is where you get to upload your documents for CAC Business Name Registration. The list of documents to upload for CAC Business Name Registration include:

    • Means of Identification [Your ID Card] - must be uploaded in PDF format.
    • Your Signature - You can sign on a plain white paper, snap or scan it and then, upload. It must be in JPEG (jpg) or PNG format.
    • Your passport photograph - must also be in JPEG (jpg) or PNG format.

    Once you have successfully uploaded all the documents listed from above, you can now click Save and Continue so that you are taken to the next step.

  15. Preview the Information

    image showing Preview of New Business Name Registration on CAC Portal

    Now, you can preview all the information you have supplied so far. If everything seems fine to you, you can click the Save and Continue button so that you're taken to the next page which is the final stage.

  16. Make Payment for the Business Name Registration

    image showing Payment Link for New Business Name Registration on CAC CRP Portal

    Here, you'll see the amount you're charged for the business name registration. If you're ready to make payment, you can now click on the Remita logo that's being displayed.

    Once clicked, that would open a pop-up window from where you can complete your payment. Remita supports several payment options which include pay by bank account, card, USSD, PayAttitude and bank branches.

    Once your payment is successfully made, you may now proceed to the next stage.

  17. Wait for the Business Name Registration Status Update

    image showing Okay and Hold On for New Business Name Registration to Be Approved By CAC

    At this stage, all you'll have to do is to wait for CAC to review your submission and make decision regarding your business name registration.

    In most cases, you'll receive a response from CAC within 10 days from submission. Other times, it takes up to 14 days before you receive any response.

    If you have done everything correctly, your Business Name Registration would definitely be successful. However, for first-time user, there's always this or that correction to be made. If you must make any correction, CAC would send a query to your registered e-mail address.

    One thing to keep in mind is, CAC would NOT approve / register your business name until all errors are corrected. For this reason, first-time user usually take between 3 and 8 weeks to complete business name registration.

    Good luck.

Some FAQ About Business Name Registration with CAC in Nigeria:

Over the years, even before business name registration with CAC in Nigeria is done completely online, there has being some questions that are frequently asked by various individuals who wish to get their business registered with the CAC.

Below here, I have collated some of the most frequently asked questions and provided answers to them.

How Do I Register My Small Business with CAC?

I believe the process to register your small business with CAC is simple. You just need to follow the step-by-step guides given above on this page. However, if you need assistance at registering your business name with CAC, you should contact us through nairameans Facebook page here or our nairameans twitter page here.

Can I Register My Business with CAC Online?

Yes. You can register your business with CAC online. In fact, unless you have other stuffs such as updating some of your registered business information with the CAC, you'll never have to visit any of the CAC office to register your business with the CAC.

How Can I Register My Business with CAC for Free?

No. That's not possible at the moment. There is no way you can register your business with CAC free of charge. However, you can get discounts for your business name registration with CAC.

How Long Does it Take for CAC to Approve Business Name?

There is no way anyone can tell exactly how long it would take CAC to approve a business name. However, provided you did everything right once and for all, it is safe to assume that CAC approves business name between 10 and 14 days.

Need Someone to Help You Register Your Business Name with CAC?

In case you do not want to go through all the stresses of having to do the business name registration by yourself or you simply don't want to gamble with your money or waste your time, you can count on us.

Ideally, we can get your business name registered with CAC in less than 14 days. Ready to register it now? Contact us via our Facebook Fan Page here or via our Twitter handle.

Add Your Comment!

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