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The attention of the Corporate Affairs Commission (CAC) has been drawn to an avalanche of email messages sent to directors of newly registered companies requesting them to pay certain fees to obtain a tax identification number (TIN), among others. The Commission wishes to clearly state that such messages are not from us and that TIN
The Corporate Affairs Commission wishes to remind the general public and, in particular, Companies operating in Nigeria, their Directors and Officers that the Companies and Allied Matters Act 2020 (CAMA) requires Companies to file annual returns with the Commission in every year. This reminder is informed by what the Commission has observed as large
The Corporate Affairs Commission pursuant to its powers under Section 8 (1) (e) of the Companies and Allied Matters Act (CAMA) No. 3 of 2020 issues the below Guidelines for the recapitalization of Banks and other Financial Institutions – 1.New Incorporation Documentary and other Requirements: Approved Name Reservation or Availability Approval-in-Principle from Sector Regulator Duly
On the 13th of October, 2023, President Bola Ahmed Tinubu appointed Hussaini Ishaq Magaji, SAN, as the 5th Registrar-General of the Corporate Affairs Commission. His appointment was with immediate effect as he assumed office on the 16th of October, 2023, amid pomp and pageantry. Born on 2nd August, 1982, the new Registrar-General is from the
Further to its earlier notice of the commencement of striking off the names of Companies from the Register of Companies and published on August 2, 2023, the Commission hereby notifies the General Public that the list of Companies that have failed to comply with the provisions of the Companies and Allied Matters Act
NIGERIA OPEN CENTRAL REGISTER OF PERSONS WITH SIGNIFICANT CONTROL (BENEFICIAL OWNERSHIP REGISTER): WHAT YOU NEED TO KNOW On Thursday, 25 May 2023, Nigeria launched its Open Central Register of Beneficial Ownership (known as the Persons with Significant Control (PSC) Register) in line with its commitment at the Anti-Corruption Summit held in London on 12th
NOTIFICATION OF PARTICULARS OF PERSONS WITH SIGNIFICANT CONTROL TO THE CORPORATE AFFAIRS COMMISSION The Commission wishes to draw the attention of Companies and their Members as well as Limited Liability Partnerships and Partners in Limited Liability Partnerships to their statutory obligation to notify particulars of Persons with Significant Control (PSCs) to the Companies or Limited
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APPLICATION FOR CREATION OF ENTITY ELECTRONIC ACCOUNT The general public is hereby informed that Companies, Business Names, and Incorporated Trustees may now apply to the Commission for the creation of Electronic Accounts for their Entities. The Accounts would allow the Entities to submit documents and statutory returns to the Commission by electronic means. An
Service Timeline Name Reservation 1. Availability (Name Reservation) 4 Working Hours 2. Name Substitution 6 Working Hours 3. Consent for Restricted Names, Limited By Guarantee and Incorporated Trustees 48 Working Hours New Registrations (Upon receipt of all relevant documents or Compliance with any raised Query) 4. Companies 24 Working Hours