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Is Nigeria’s Corporate Affairs Commission serious about online registration
Ola, Kunle
Ola, Kunle
Author
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.
Keywords
company registration, electronic signatures, Corporate Affairs Commission (CAC), online registration, company incorporation, electronic filing, Nigeria, company law, information technology
Date
2019
Type
Journal article
Journal
Company Lawyer
Book
Volume
40
Issue
2
Page Range
59-61
Article Number
ACU Department
Thomas More Law School
Faculty of Law and Business
Faculty of Law and Business
Collections
Relation URI
Source URL
Event URL
Open Access Status
Open access
License
File Access
Controlled
Open
Open
Notes
This record contains a pre-print version (see supplemental file).