Registration of Company to be Completed Within Three Hours – CAC Assures

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Corporate Affairs Commission

As part of measures to ensure improved and efficient service delivery to the public, the Corporate Affairs Commission (CAC) has assured that companies’ registration procedures would be completed within three hours before the end of 2021.

The Registrar-General of CAC, Garba Abubakar, revealed this in Abuja at the weekend in a dinner organised in honour of Chief Ademola Seriki, Chairman CAC Governing Board and Nigerian Ambassador-Designate to the Kingdom of Spain.

Abubakar said companies registration can now be done from the comfort of home without physically visiting CAC offices.

His words: “You can now start and finish your companies registration and get your certificates without waiting for a courier company to deliver it.

“This is a phenomenal achievement because when we started last year, the impact of COVID-19 pandemic made the process slow and cumbersome.

“The Commission was forced to take painful decision. We had to suspend the physical registration of businesses.

“There was resistance from some of our customers who were apprehensive of this development.

“We expect that this achievement will make significant impact, because electronic registration has become a global system.

“Our next focus is to provide laptops to over 400 personnel so that wherever they may be, they will be working from there.

“We are hoping that this will be achieved before the end of this year.

“We intend to reduce the time for business registration for three hours.

“We believe, this will be achieved before the end of the year.

“We will continue to remain focused and deliver on our mandate.

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“We will continue to reposition the Commission for greater efficient service delivery.”

Also speaking, the Out-going Chairman of CAC Governing Board, said he was leaving the Commission with nostalgia.

Seriki said lamented that many companies in Nigeria do not pay their annual returns, adding that there was the need for companies to pay their annual returns to the government.

It would be recalled that Seriki has been appointed by President Muhammadu Buhari as the ambassador-designate to Spain.
Independent

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