Registering a business in Nigeria required twice as many procedures and three times the amount of time compared to processes and procedures which had been adopted by developed economies around the world. PEBEC, in collaboration with the Corporate Affairs Commission (CAC) and the Federal Inland Revenue Service (FIRS), have worked to streamline and address the challenges that SMEs face when registering a business.
Steps 1-3 can be done online via the Company Registration portal of the Corporate Affairs Commission (CAC) website, and the process after step 3 can be completed within 24 hours.
Website - http://new.cac.gov.ng/home/
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