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Corporate Affairs Commission (CAC) Services are classified into segments: PART A - Registry PART B - Registration of Business Names PART C - Registration of Incorporated Trustees (NGO’s) These classifications above cover the following services: Incorporation of Companies (Private or Public Company, Limited by guarantee) [6]
An Act to repeal the Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria, 2004 and enact the Companies and Allied Matters Act, 2020 to provide for the incorporation of companies, limited liability partnerships, limited partnerships, registration of business names together with incorporation of trustees of certain communities, bodies, associations; and for related matters
They can either create and register a business organization or establish and register a branch or representative office. [2] Previously, foreign entity registration was handled through the National Registration Center, which had implemented a streamlined "one-stop-shop" system since September 1, 2007.
All these government agencies and parastatals send top representatives on the CAC board. On Thursday, 25 May 2023, Nigeria launched its Open Central Register of Beneficial Ownership (known as the Persons with Significant Control Register) in line with its commitment at the Anti-Corruption Summit held in London on 12 May 2016. [6]
The Presidential Enabling Business Environment Council (PEBEC) is a specialized agency set up by the President of Nigeria for Nigerian businesses. Its purpose is to make sure that doing business in Nigeria is easy through reforms and policies.
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Asset Management Corporation of Nigeria (AMCON) Social Security Administration of Nigeria (SSA) Budget Office of the Federation (BOF) Bureau of Public Procurement (BPP) Central Bank of Nigeria (CBN) Corporate Affairs Commission (CAC) Debt Management Office (DMO) Federal Inland Revenue Service (FIRS)
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