In 2020, the Corporate Affairs Commission (CAC) promised to start delivering electronic certificate (E-Certificate).
It said it’s part of the measures to minimise physical contact between workers and its customers. All over the world, everyone is keeping social distancing so as to reduce the spread of COVID-19 pandemic.
Registrar-General of the Commission, Alhaji Abubakar Garba was quoted as saying:
“Physical contact between workers and customers of the commission will, thus, be duly minimised to curb the spread of the coronavirus.”
What this means for SME who wants to apply for loan
With the CAC e-electronic certificate, small business owners can now complete their company registration online and print the certificate from the dashboard.
You need CAC certificate to apply for any kinds of the loan being rolled out by the Central Bank of Nigeria (CAC).
We already have two publications on how to apply for business registration and the free registration which was rolled out some time ago by the Federal Government.
In this post, we’ll show the step-by-step guide on how to print your CAC certificate online without visiting the commission’s office.
- Business Name;
- Proposed company names,
- Scanned copy of your valid ID Card,
- Phone number,
- Three Nature of Business,
- 2 scanned copy of your passport
- Full name
- Date of birth
Having done, now pay attention to the required fees
|Form||Registration Fee (N)|
|Reservation of Name||500|
|Registration of private company with share capital of N1million or less||10,000|
If you are passing through an agent, you could be charged N25,000 or more. But you’d spend less than N15K if you are handling registration process by yourself.
How To Generate CAC E-Certificate Online
Step 1: Head straight to the account creation page to set up a user account
Step 2: Fill the form and hit register
NOTE: You will be a director, trustee or a proprietor/partner during the registration process. You are advised to provide the necessary details.
Step 3: Confirm your email by validating the mail that would be sent to you
That’s the first stage for some who is just registering on the CAC portal. If you have an account, you can skip the above process.
Step 4: Now login to the business registration form page to make payment for the business name.
Step 5: Make payment for registration of company through Remitta using your Debit Card on the payment page.
You can keep your payment receipt if you like
Step 6: Wait for approval to be given and your certificate will be automatically generated
You will get this update in email, login back to your dashboard download and print out your certificate.
To check the authenticity of your certificate number, you can head back to name checker page
You just have your CAC e-certificate. Now it’s time to start using it for CBN loans and other loans you might be interested in to boost your business.