The Corporate Affairs Commission (CAC) has been recognised as the best Government Agency Exhibitor at the just concluded 10th Abuja International Trade Fair for its commitment and facilitation of business startup.
The Abuja Chamber of Commerce and Industry announced the recognition at the end of the fair. The Commission was presented with a plaque and a certificate by the Vice President, Hon. Funsho Oridedi for its user friendly services. The Commission’s desk also provided a guide on registration processes and requirements, making registration of companies easy.
In addition, the CAC desk handled investor’s enquiries, enlightenment and encouragement of small scale entrepreneurs.
Given the Commission’s commitment towards decentralisation and facilitation of investment, the Commission provided timely investment information and legal regulatory guidelines. It also created awareness on the illegality and dangers in operating unregistered businesses.
It will be recalled that in order to ensure parity in its service delivery period across the country and ease business startup, the Commission decentralised its operations to allow for the processing of company incorporation from start-to-finish in the two Lagos offices and also in Kano, Kaduna, Enugu and Port Harcourt. Hitherto State Offices could only register Business Names.
The decentralisation has enabled those State Offices to process applications for new incorporation, print, seal and issue certificates without recourse to the Head Office. This has reduced the period of incorporation to 24hours and will be extended to the remaining offices.