CORPORATE AFFAIRS COMMISSION, WHO THEY ARE AND WHAT THEY DO

It is true that most people today do not know or have not heard about the Corporate Affairs Commission of Nigeria (CAC) for the very first time. And while some others may have heard about them, they may not really have known what their core responsibilities are in Nigeria.
This post should clear all of those uncertainties and provide answers to your questions in this regard, in the clearest possible way.

The Corporate Affairs Commission, Who They Are

The Corporate Affairs Commission (CAC) is an autonomous body, established by the Companies and Allied Matters Act (CAMA) of 1990, in order to regulate the formation and management of companies in Nigeria. Their head office is located at Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja, Nigeria, with other offices scattered all over the 36 states of the federation.
The Commission is currently headed by Alhaji Bello Mahmud, who is the present Registrar-General/CEO.

The Corporate Affairs Commission, What They Do

The Corporate Affairs Commission (CAC) is saddled with the responsibility of regulating the formation and management of companies in Nigeria. The Commission is the only agency of government, charged with the responsibility of registering COMPANIES, BUSINESS NAMES and INCORPORATED TRUSTEES in Nigeria.
However, in order to bridge the divide between customers trying to register their companies, business names or incorporated trustees and the Commission, CAC have ACCREDITED AGENTS, who have ease of access to the services of the commission and who are more experienced in the act of registering companies/businesses.
There is however, no gainsaying the fact that individuals can also access the services of the commission through a special window meant for individuals, but this is highly discouraged, because any errors in the registration process due to lack of adequate knowledge of the process, could cost you money, time and resources, which you would have saved by employing the services of an EXPERIENCED AGENT.

 Outline Of Services Offered by the Corporate Affairs Commission

The services offered by the Commission include the following –

• Regulation and supervision of the formation, incorporation, registration and management of
Companies, Business Names and Incorporated Trustees.
• Registration of changes, amendments and alterations in particulars of Companies, Business
Names and Incorporated Trustees.
• Repository for statutory records of Companies, Business Names and Incorporated Trustees
including annual reports of exempted foreign companies and annual returns of Companies,
Business Names and Incorporated Trustees.
• Searches.
• Issuance of Certified True Copies of certificates and extracts of filed documents.
• Enforcement of compliance of Companies, Business Names and Incorporated Trustees with the
provisions of CAMA.
• Conducting investigations into the affairs of Companies, Business Names or Incorporated Trustees.
• Registration of changes in share capital, mortgages, debentures, charges, etc.
• Registration of appointment/discharge of Receiver/Manager.
• Registration of appointment of Liquidator
• Regulation and supervision of the striking off and winding up of Companies, removal of Business
Names from register and dissolution of Incorporated Trustees.
• Express incorporation of Company.
• Accreditation of Lawyers, Chartered Accountants and Chartered Secretaries as direct users of the
services of the Commission.

WANT TO CONTACT AN EXPERIENCED AGENT FOR YOUR COMPANY REGISTRATION TODAY? THEN CLICK HERE