How To Register Small Scale Business In Nigeria
It shouldn t take too long and it doesn t cost much to register so that you will have a business name to work with.
How to register small scale business in nigeria. Running a big place like a hotel or guest house without proper registration will land you in trouble so approach the corporate affairs commission and request to register your business. Upon approval cbn shall approve the loan and disburse to necessary vendors as applicable. 1 6 no food product should be manufactured imported exported advertised sold or distributed in nigeria unless it has been registered in accordance with the provisions of act cap f33 lfn 2004. Candle business is rocking in every part of nigeria there s always a village and areas without light churches religious groups events etc that will always hv need for this product in nigeria till now candle is still being imported to nigeria in large quantity u can start a candle production business with 100k and its a small scale business that u can make into a large scale if u wish. If yes here are 50 best small scale business ideas investment opportunities in nigeria.
Starting a business isn t a luxury but a necessity for anyone whose aim in life is to make good money and become a millionaire fast in nigeria. Small and medium scale enterprise in nigeria. Tariff extract for micro and small scale enterprises. Cbn shall consider the application and invite applicants for interviews. 1 5 a small scale food operation still has to comply with the labelling adulteration and other provisions found in the agency regulations as well as other applicable state or federal laws.
Promoting and facilitating development programmes instruments and support services to accelerate the development and modernization of msme operations. Small scale products will cost you about 28 000 naira to register. Evidence of registration with cooperate affairs commission cac business name and or incorporation site use agreement where. Please visit our e registration portal to apply online and upload all required documents. Just walk into the place and obtain the cac form 1 for n200.
How to register your product. Eligible applicants shall pick up and submit a completed application form to the edis. There are things that nafdac gives you option to either do or not do as a small scale. You could choose to do lab analysis or not. This is one of the reasons why you have got to look at starting a business in nigeria.
Fill the form correctly in capital letter there is nothing much to fill just your name your address and the names you intends to register tick the type of company category you want to register as. Nothing can be produced and marketed in nigeria without approval. The edi shall collate appraise and submit applications to cbn.