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‘CAC undergoing reforms to improve ease of doing business’

The Corporate Affairs Commission (CAC) has stated that the corporation is undergoing some reforms as part of efforts to ease business registration as well as improve economic activities in the country. With Nigeria moving up 24 places in the World Bank’s Doing Business report and also emerging as one of the top 10 most improved […]

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PUBLIC NOTICE – RESULTS OF NAME RESERVATION APPLICATIONS NOW COME COME OUT WITHIN SIX (6) HOURS

The Corporate Affairs Commission (CAC) wishes to inform its esteemed customers and the general public of the significant improvement in the cycle of pre-registration applications especially with respect to Name Reservation/Availability. Consequently, results of name reservation applications now come out within six (6) hours upon submission. As a result, our valued customers and the general

PUBLIC NOTICE – RESULTS OF NAME RESERVATION APPLICATIONS NOW COME COME OUT WITHIN SIX (6) HOURS Read More »

PUBLIC NOTICE – 24 HOURS PRE-REGISTRATION SERVICES

24 HOURS PRE-REGISTRATION SERVICES The Corporate Affairs Commission (CAC) wishes to remind its esteemed customers and the general public of the significant improvement in the cycle time for processing new applications for registration. Accordingly, all new applications for registration are concluded within 24 Hours except applications that have been queried for non-compliance with laid down

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Accounting Firm Ends Meeting In Nigeria

Grant Thornton, the fifth largest organization of accounting firms in Africa, with representation in 24 countries on the continent, has concluded this year’s regional meeting for their clients in Nigeria. Mr. Peter Orizu, Executive Manager, Grant Thornton, said the event has enabled clients in Nigeria to meet and interact with some global leaders of Grant

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FIRS seals two firms over N72.558 million tax debt

The Federal Inland Revenue Service (FIRS), yesterday in Lagos sealed off the premises of two companies for their failure to pay taxes. The Assistant Manager (Legal), FIRS, Ruth Mandeun, who led the FIRS enforcement team, sealed Giandan Nigeria Limited situated in Lagos over tax debts totaling N47.779 million and also sealed Justeen International Limited over

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‘Nigeria’s tax: GDP ratio remains one of the poorest in Africa’

Iyalode Alaba Lawson, National president, National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), left; Cyriacus Ekechi, a Director of the Federal Inland Revenue Service (FIRS) and former VP, NACCIMA, at the tax conference organised by NACCIMA in Lagos…yesterday Financial experts have lamented the country’s tax to GDP ratio, describing it as one of

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Fowler tells governors to give state tax authorities autonomy

Tunde Fowler Chairman of the Joint Tax Board (JTB), Mr. Tunde Fowler, yesterday, called on state governors to empower State Internal Revenue Services (SIRS) by making them autonomous. Fowler made the call at the 137th Meeting of the JTB in Ilorin.This was disclosed in a statement signed by Wahab Gbadamosi, FIRS Director of Communications and

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15 Reasons Outsourcing your Accounting and Corporate Tax filing Operations are the Right Choice

Outsourcing is the practice of having certain job functions done outside a company instead of having an in-house department or employee handle them; functions can be outsourced to order organizations that can do it better, time and cost savings. Outsourcing has become a major trend in human resources over the past decade. It’s the practice

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