{"id":74858,"date":"2022-06-27T16:40:56","date_gmt":"2022-06-27T15:40:56","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=74858"},"modified":"2022-06-27T16:41:05","modified_gmt":"2022-06-27T15:41:05","slug":"cac-post-incorporation-guide","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/cac-post-incorporation-guide\/","title":{"rendered":"CAC Post Incorporation Guide"},"content":{"rendered":"

The CAC post-incorporation provides an opportunity for improvement and an online registration portal that enables an update on statutory uploaded documents. This means that after incorporation, companies can modify existing records with the CAC and file documents on the CAC portal.<\/strong><\/p>\n

Previously, CAC post-incorporation filings for changes to the structure and composition of registered companies were accomplished by physically visiting the Commission’s offices and filing the necessary documents.<\/p>\n

Changes in shareholding and ownership, changes in directorship, increases and decreases in authorized share capital, changes in constitutional documents or other corporate documents, and notification of winding up and cessation of business are all required filings\/updates that can be completed during CAC post-incorporation changes.<\/p>\n

What is Post-incorporation in CAC?<\/strong><\/h2>\n

\"CAC<\/a><\/p>\n

This is a system that has been adopted by the corporate affairs commission to fill and update some essential documents of a company on the CAC portal. These documents are vital documents, which are stipulated by the Company and Allied Matters Act.<\/p>\n

The current automation system adopted by the Commission on the filling and updating these statutory documents has wiped out the era of physical submission of these documents. These documents can be filed through certain required processes, which we will consider as we proceed on the CAC portal.<\/p>\n

We believe that the automation of the procedure will increase registered entities’ compliance with their post-incorporation commitments. However, the CAC must guarantee that suitable safeguards are in place to ensure that the data and other information of organizations and individuals under its control are safely stored under the country’s data protection rules.<\/p>\n

How do I create a CAC post-incorporation account?<\/strong><\/h2>\n

Before anyone can go through the process of filling out the CAC post-incorporation statutory documents, the individual or entity must have registered such an account with CAC<\/a>. The registration process is straightforward for anyone to go through easily.<\/p>\n

Below are a few quick steps to register an account with the commission post-incorporation portal:<\/p>\n