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Nairaland Forum / Nairaland / General / Business / CAC To Issue Incorporation Certificates With Tax Numbers (323 Views)
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CAC To Issue Incorporation Certificates With Tax Numbers by Abelicious: 8:05am On Jun 30, 2020 |
Okechukwu Nnodim , Abuja Certificates of incorporation of companies registered under Part A of the Companies and Allied Matters Act will now be issued with Tax Identification Numbers. According to the Corporate Affairs Commission, the registration certificates of business and non - business entities captured in the Act will henceforth be issued with TIN . The management of CAC disclosed this in separate tweets via the commission’ s official Twitter handle on Monday . It explained that the move was part of measures aimed at boosting the country ’ s Ease of Doing Business initiative . The commission said , “ This is to inform our dear esteemed customers that as part of the Ease of Doing Business initiative , Certificates of Incorporation of Companies registered under Part A of CAMA will henceforth carry Tax Identification Numbers issued by the Federal Inland Revenue Service . ” Based on this, customers of the agency will have no need of applying separately for tax numbers from the FIRS . “This has dispensed the need for companies to apply for the issuance of Tax Identification Numbers from the FIRS after incorporation ,” the commission stated . This implies that the processes of registering a business and getting a TIN have been merged , as CAC certificates will now have TINs. The Federal Government , through its Presidential Enabling Business Environmental Council , has been working to remove the bottlenecks in Nigeria ’ s business environment . The aim is to attract both foreign and local investments by improving the country ’s ease of doing business . https://punchng.com/cac-to-issue-incorporation-certificates-with-tax-numbers/ |
Re: CAC To Issue Incorporation Certificates With Tax Numbers by Nobody: 8:13am On Jun 30, 2020 |
common sense ... glad they woke up from sleeping on a bicycle |
Re: CAC To Issue Incorporation Certificates With Tax Numbers by chatinent: 8:16am On Jun 30, 2020 |
They should have done this long ago. |
Re: CAC To Issue Incorporation Certificates With Tax Numbers by mrsage(m): 8:23am On Jun 30, 2020 |
Good idea |
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