New business registration forms will be available by end of August – CAC
New business registration forms will be available by end of August – CAC.
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The Corporate Affairs Commission (CAC) has disclosed that the two new forms of business registration provided by the Companies and Allied Matters Act (CAMA 2020) will be available for Nigerians by the end of August 2021.
The registrar general of the commission, Garba Abubakar, made this known at a stakeholders forum in Port Harcourt.
Abubakar explained that the new forms of business registration- Limited Partnership (LP) and Limited Liability Partnership (LLP) were becoming increasingly desirable across various jurisdictions around the globe.
According to him, the CAC was making arrangements to deploy a customer relationship management (CRM) software to interact with customers and resolve their challenges 24 hours a day.
For the commission’s ongoing reforms, Abubakar said that filing of statements of affairs and biannual statements are now conducted seamlessly on the CAC’s registration portal.
He added that all but two forms of post-incorporation filings were now available on the portal, saying that the commission can no longer entertain filing of share transfer as it was alien to the law.
The CAC boss noted that information on a person with significant control (PSC) was available free of charge on the CAC website in line with global anti-money laundering requirements.
Speaking about customers’ concerns on the CAC’s denial of certain names for registration, Abubakar said that some of such rejected names had security implications while others were deceptive or abstract.
He asked the customers to always approach the commission with fully qualified names that equally agree with the objectives of the association or organisation applying for registration.
