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CAC targets to register companies in two hours

The Corporate Affairs Commission has said it is working to ensure the completion of company registration in two hours starting from December this year.

The Acting Registrar-General, CAC, Azuka Azinge, stated this on Thursday during the oversight visit of the Senate Committee on Trade and Investment to the commission’s Lagos office in Alausa, Ikeja.

She said the various innovations that the commission had put in place had created an enabling environment for customers to register their businesses within 24 hours in line with global standards.

Azinge stated, “The post-registration is still manual. We are hoping that before the next few months, we should have that online, so that the issue of paying annual returns, which is still very cumbersome at the moment, can be easily achieved.

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