{"id":72236,"date":"2022-03-02T14:23:06","date_gmt":"2022-03-02T13:23:06","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=72236"},"modified":"2023-12-14T01:11:45","modified_gmt":"2023-12-14T00:11:45","slug":"scuml-certificate-requirements-cost-and-the-businesses-that-need-it","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/scuml-certificate-requirements-cost-and-the-businesses-that-need-it\/","title":{"rendered":"SCUML Certificate Application, Registration Requirements, and Fees"},"content":{"rendered":"
SCUML certificate application takes place on the organization’s official website. Registration requirements include but are not limited to your business name, evidence of tax registration, BVN, RC\/BN number, and Form CAC 1.1 (a form Co2 & CO7 for old registration). There is no fee attached to SCUML registration. In other words, it is free.<\/p>\n
SCUML certificate is issued to organizations in compliance with the 2004 Money Laundering (Prohibition) Act provisions which was subsequently amended by the Money Laundering (Prohibition) Act 2011. The certificate is solely designed to provide its carriers with the ability and legal rights to participate in the fight against money laundering and terrorism financing in Nigeria.<\/p>\n
Today, a SCUML certificate is essential for one to successfully run a business in the country, and without it, you will not have an official bank account for your company or business.<\/p>\n