Tag: CAC
How to Register a Business Name in Nigeria Online With CAC 2023
The Corporate Affairs Commission (CAC) is the agency responsible for managing private and public business registration in Nigeria. Business name registration in Nigeria with the Corporate Affairs Commission (CAC) is necessary for businesses in Nigeria. It is the official license required for the operation of your business. Foreign companies in Nigeria must also register their …
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How to Register a Business Name Online in Nigeria with CAC
To register a business name online in Nigeria is something that anyone who wants to start a reputable business must do. There has been an increase in the establishment of small businesses across the country in recent years. While formal business registration with the state or local government is not always required to complete business …
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Functions and Powers of the Corporate Affairs Commission (CAC)
The Corporate Affairs Commission (CAC) is a statutory corporation created by the provisions of the Companies and Allied Matters Act (CAMA 2020). The CAC is the body charged with the regulation of companies and businesses in Nigeria. Under CAMA 2020, the CAC possesses varying powers and functions that it acts upon to provide a standard …
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CAC suspends requirement of NIN as sole identification for business registration in Nigeria
In January 2023, the Corporate Affairs Commission (CAC) in Nigeria issued a memo outlining new requirements for the registration of companies, including Business Name and Incorporated Trustee Registrations. The memo mandated that starting from January 2023, only the National Identification Number (NIN) would be acceptable as a form of identification for registration. This requirement applied …
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NIN becomes the only proof of identity on the CAC platform
The Corporate Affairs Commission (CAC) has recently announced that it will require National Identification Numbers (NIN) from all shareholders, directors, secretaries, proprietors, trustees and relevant persons for Companies, Business Name and Incorporated Trustee registrations. This policy, which took effect on the 1st of January 2023, aims to promote transparency and curb illegal activities such as …
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