How to Apply for free Business Name registration with CAC under the Federal Government 250,000 MSME programme, complete guide. Official July 2026 step-by-step guide for Nigerian nano, micro and small businesses via the SMEDAN portal. Check eligibility and apply now.
The Federal Government, through SMEDAN and CAC, is currently offering free Business Name registration to 250,000 nano, micro and small enterprises across Nigeria. Normal CAC Business Name registration costs between ₦11,000 and ₦21,000. This programme removes that cost entirely for eligible businesses.
If your business still operates informally, this is one of the simplest and most direct ways to formalise in 2026. Registered businesses gain credibility, easier access to corporate bank accounts, government contracts, grants, and financing opportunities.
Applications opened in July 2026 following President Tinubu’s approval. Slots are limited.
What Is the 250,000 MSME Free CAC Registration Programme?
SMEDAN and the Corporate Affairs Commission (CAC) signed an MoU to formalise 250,000 nano, micro and small businesses. The Federal Government covers the full statutory fees for Business Name registration.
The goal is to bring more businesses into the formal economy under the Renewed Hope Agenda. Formal registration makes it easier to open corporate bank accounts, bid for contracts, access government interventions, and build trust with customers and partners.
Important:
This programme covers Business Name registration only. It does not cover full Limited Liability Company registration.
Who Qualifies for Free CAC Registration?
Target Categories (SMEDAN Definition)
| Category | Annual Turnover | Employees |
|---|---|---|
| Nano | < ₦3 million | 1–2 people |
| Micro | ₦3m – ₦25m | 3–9 people |
| Small | ₦25m – ₦99m | 10–49 people |
You are most likely eligible if:
- Your business has not been registered with CAC before
- You are a sole proprietor or small partnership
- You operate in Nigeria (any state or sector)
- You select “No” when asked if you already have a CAC registration number
Benefits of Free CAC Business Name Registration
Registering removes the biggest financial barrier for most informal businesses. Here is what changes after you receive your certificate:
Most banks require CAC documents before opening a business account. This makes daily operations and receiving payments smoother.
Many federal and state contracts, as well as private sector RFPs, require a valid CAC certificate.
Access to SMEDAN programmes, BOI facilities, CBN interventions, and state-level MSME support becomes easier.
Customers, suppliers and partners take registered businesses more seriously. It also helps separate personal and business finances.
Step-by-Step: How to Apply for Free CAC Registration
The process starts on the official SMEDAN portal. Follow these steps exactly.
Prepare Your Information
Have these details ready before you start:
- Full name of business owner
- Active email address and phone number
- Proposed business name (unique)
- Business description and sector
- Business address (state, LGA, city)
- Estimated annual turnover and staff strength
Tip: Use the exact name you want on your CAC certificate. Changing it later costs extra.
Visit the Official SMEDAN Portal
Go to portal.smedan.gov.ng/signup
Only use this official link.
Avoid third-party agents or websites asking for payment. The programme is completely free.
Create Your Account
Enter your first name, last name, email address, phone number and create a strong password. Verify your email if required.
Use an email you check regularly. All updates about your application will come here.
Complete the MSME Registration Form
Fill in accurate business details. Key sections include business name, description of activities, sector, location, and size indicators (turnover/employees).
Critical step:
When asked if your business already has a CAC registration number, select “No”. Selecting “Yes” disqualifies you from the free programme.
Submit and Wait for SMEDAN Review
Review all information carefully before submitting. SMEDAN will verify your details. Successful applicants are contacted with next steps for CAC processing.
You may receive a unique reference or profile ID. Keep it safe.
CAC Processes Your Free Registration
Once SMEDAN forwards your profile, CAC handles the Business Name registration at no cost to you. You will be notified when your documents are ready.
You will typically receive a CAC Certificate of Registration and Certified Extract.
What to Do After You Receive Your CAC Certificate
- Open a corporate bank account — Use your CAC documents. Banks such as Wema, Access, Zenith and UBA have dedicated MSME desks. ALSO READ: how-to-open-corporate-bank-account-nigeria-msme
- Apply for your Tax Identification Number (TIN) — Usually done through FIRS or integrated platforms after CAC registration.
- Update your business profiles — Add CAC number to your website, invoices, social media and supplier registrations.
- Explore further support — Check SMEDAN programmes, BOI MSME funds, CBN interventions and state-level opportunities now available to registered businesses.
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Common Mistakes That Delay or Disqualify Applications
Frequently Asked Questions
How long does it take to receive the CAC certificate?
Can I register more than one business under this programme?
What if I already registered with SMEDAN before?
Does this programme cover Limited Liability Company registration?
Ready to formalise your business?
Visit the official SMEDAN portal now and complete your registration while slots are still available.
Start Application on SMEDAN Portal
Official link only. Never pay anyone for this service.
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