In a recent public notice, the Corporate Affairs Commission (CAC) has issued a strong warning to all individuals and businesses operating in Nigeria under unregistered names, acronyms, or labels. If you’re using a business name that is not properly registered with the CAC whether on your flyers, social media pages, or even on your store banner. you may be breaking the law without even knowing it.
What Exactly Did CAC Say?
The CAC referenced Section 863 of the Companies and Allied Matters Act (CAMA) 2020 , which states that no one is permitted to carry on business in Nigeria using an unregistered name, abbreviation, or acronym. Violating this provision is not just a regulatory issue. it’s a criminal offence.
In addition, the CAC emphasized that every registered business must display its registration number on:
– Business premises
– Social media platforms
– Letterheads
– Invoices
– Receipts
– Flyers and advertisements
Failure to comply with this requirement may attract serious legal consequences, including:
Penalties for Non-Compliance:
– Imprisonment of up to 2 years
– A daily fine until compliance is achieved
– Legal action against individuals or business owners who give false information about registration
6-Week Grace Period
As of April 29, 2025, CAC has given a 6-week window for businesses to align with these requirements. That means if you’re currently operating under a name that hasn’t been properly registered, now is the time to act.
What You Should Do Now
Here’s how to stay compliant and avoid CAC sanctions:
1. Register Your Business Name or Company Whether you’re a freelancer, small business owner, or NGO founder, your name must be officially registered with CAC.
2. Avoid Using Unregistered Acronyms: Don’t use an abbreviation or business tag that hasn’t been included in your CAC certificate.
3. Display Your CAC Details Publicly: Add your business name and RC/BN number to all your public platforms and materials.
4. Seek Professional Help If You’re Unsure: If you’re not sure where your business stands, get a professional to check your registration status or process it properly.
Let Us Help You Stay Safe & Legal
At CSGV Consults, we assist business owners like you in getting legally registered with CAC- fast, easy, and affordable.
Whether you’re starting a:
– Business Name
– Limited Liability Company
– NGO or Foundation
We’ve got your back!
📞 Contact us today +2349035604978 OR Click on this link Coachtheresacac to speak with a consultant to begin your registration and stay compliant.
📧 Email: csgvconsults@gmail.com
Protect your brand. Stay compliant. Avoid penalties.
Do it the right way with CSGV Consults.