Is Nigeria’s Corporate Affairs Commission serious about online registration

Journal article


Ola, Kunle. (2019). Is Nigeria’s Corporate Affairs Commission serious about online registration. Company Lawyer. 40(2), pp. 59-61. https://doi.org/10.2139/ssrn.3383568
AuthorsOla, Kunle
Abstract

Nigeria recently introduced her e-registration system, allowing for online company registration.1 The process is meant to be fully online and accepts the electronic signatures of directors and subscribers at the initial registration stage. The dilemma, however, is that on completion of the registration, the Corporate Affairs Commission (the Commission/CAC) requires promoters to submit hard copies of the incorporation documents which must be physically signed. Electronic signatures on such documents are unacceptable.2 This article argues that such requirements constitute a bureaucratic bottleneck in the company registration process, are a disincentive to doing business in Nigeria and defeat the entire purpose of the e-registration system.

Keywordscompany registration; electronic signatures; Corporate Affairs Commission (CAC); online registration; company incorporation; electronic filing; Nigeria; company law; information technology
Year2019
JournalCompany Lawyer
Journal citation40 (2), pp. 59-61
PublisherSweet & Maxwell
ISSN0144-1027
Digital Object Identifier (DOI)https://doi.org/10.2139/ssrn.3383568
Open accessOpen access
Page range59-61
Research GroupThomas More Law School
Publisher's version
License
All rights reserved
File Access Level
Controlled
Output statusPublished
Supplemental file
License
All rights reserved
File Access Level
Open
Additional information

This record contains a pre-print version (see supplemental file).

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