Nigeria: Announcement on repealed company registration forms

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The Corporate Affairs Commission (CAC) announced the roll out of Form CAC 1.1 to replace and consolidate forms CAC 2, CAC 2.1, CAC 4 and CAC 7 (“the repealed forms”) on 24th February 2017 for the company registration. Companies in excess of five directors are also needed to complete the Additional Directors’ Form.  This form is effective from 24th February 2017 and use of the repealed forms is permissible until 31st March 2017. The consolidated company registration forms are part of the reforms introduced by the CAC to improve the ease of doing business in Nigeria. Other proposed reforms contain the issuance of taxpayer identification numbers upon registering at the CAC, and the provision of e-stamps for stamp duties.

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