First, let us talk about the full meaning of CAC.
This is referred to as the Corporate Affairs Commission.
This is the commission in charge of the process of registering businesses, companies and NGOs in Nigeria which makes such establishments legal and can operate effectively in the country.
The registration process involves the submission of various documents and information, which also includes the proposed registered name of the business, company or NGO.
These details also include the details of the company’s shareholders, company’s directors, company’s objective of memorandum, the company’s registered address, phone number and email address.
Within few days of the commencement of the registration, provided every details provided are without any errors whatsoever, approval shall be made and the company shall be issued certificate of incorporation and other supporting documents which carries all the important information about the company such as the registered name of the company, registered address, directors and shareholders’ details and date of incorporation.
For any business, company or NGO looking forward to operating it’s establishment in Nigeria, CAC registration is that important and legal step that must be taken first before any advertisement or promotion of any kind.
This is what provides legal protection for the business and its owners, and helps to establish the company’s credibility and reputation.
Leave a Reply