Nigeria has launched a new company registration portal that would enable prospective business owners to register their businesses or companies with ease and at affordable costs.
Minister of Industry, Trade and Investment, Dr. Olusegun Aganda, who launched the Corporate Affairs Commission[CAC] on-line registration platform in Abuja, said the portal would significantly reduce the time and cost for business registration in Nigeria.
It would take an average of one month to register a business in the country, but with the new portal business registration would henceforth be done within some hours, he said.
According to him, “Nigeria ranks 129 out of 189 countries with ease of starting a business. With this platform which we are launching today, Nigeria will now emerge as one of the jurisdictions with fastest business registration points in the world''.
''It is gratifying to note that the new software is robust enough to accommodate all e-payment platforms such as inter-switch, e-transact, visa card, master card, verve card, American express and other forms of electronic payment.With the new application, customers can access and pay for the Commission’s services on-line. Also, Customers other than accredited agents/professionals can carry out their own transactions directly with the Commission. Nigerians will no longer have to incur other extra costs and inconveniences to travel to the Commission’s office to register and wait for a long period before they register their businesses''.
The online portal is live and can be accessed via http://services.cac.gov.ng/
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