Daily Trust

CAC stops manual registrati­ons in Abuja, Kano, 4 other locations

- By Francis Arinze Iloani

The Corporate Affairs Commission (CAC) has stopped accepting physical submission­s of new applicatio­ns for registrati­on of companies in six locations across the country.

Announcing the developmen­t yesterday in Abuja, the Registrar-General of the Commission, Mr. Bello Mahmud, said the CAC had fully transited to electronic registrati­on in Abuja, Kano, Lagos, Kaduna, Enugu and Port Harcourt.

Mahmud said Nigerians were free to continue manual registrati­on of companies in other offices of the commission but added that 20 locations in different parts of the country would be transited to full online registrati­on by the end of the second quarter of 2017.

The CAC boss also said Nigerians could now search for company details on its new public search engine, making it unnecessar­y for manual inquiries on status of companies.

He also said the commission had removed the restrictio­n that only accredited agents such as lawyers, chartered accountant­s and secretarie­s could register a company.

For ease of company registrati­on, the CAC has also integrated stamp duty payment to the Federal Inland Revenue Service (FIRS) to the Commission’s Company Registrati­on Portal (CRP).

“Companies processing new registrati­ons in these locations shall directly complete the applicatio­n forms and other relevant informatio­n and pay the registrati­on fee, as well as stamp duty on the Company Registrati­on Portal,” he said.

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