CAC Unlocks Two New Business Registrations Forms August Ending

The Corporate Affairs Commission (CAC) has said two new forms of business registrations, provided by CAMA 2020 will be available for Nigerians by the end of August.

The Registrar General of the Commission, Alhaji Garba Abubakar made the revelation Thursday while declaring open a Stakeholders forum in Portharcourt.

Abubakar said the new forms of Business Registrations were becoming increasingly desirable across various jurisdictions around the globe are Limited Partnership (LP) and Limited Liability Partnership (LLP).

He also highlighted the Commision’s ongoing reforms stated that filing of Statement of Affairs and Biannual Statements were now conducted seamlessly on the Companies Registration Portal.

He maintained that all but two forms of Post incorporation filings were now available online 24 hours a day on the company registration portal.

He also stressed that the Commision no longer entertain filing of Share transfer as it was alien to the law and added that information on Person with significant control (PSC) was available free of charge on the CAC website inline with global Anti Money Laundering requirement.

Addressing some customers concerns on the Commision’s denial of certain names for registration, the Registrar General maintained that while some of such rejected names had security implications others were deceptive or abstract.

Other speakers at the occasion include the representatives of the Nigerian Bar Association, NBA Portharcourt, F. I. Adebo esq (Head of delegation), Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), Anthony Okwadigo, Association of National Accountants of Nigeria (ANAN), Friday Esinwoke and a host of other stakeholders.

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