Monday, June 29, 2020

Nigeria Govt merges CAC, Tax ID registrations

Business owners who register their organizations with the Corporate Affairs Commission (CAC) will now get a tax identification number without the need to approach the Federal Inland Revenue Service (FIRS).

CAC, in a statement on Monday, said the processes of registering a business and getting a tax ID have been merged.
The statement said: “This is to inform our esteemed customers that as part of the ease of doing business initiative, certificates of incorporation of companies registered under part A of CAMA will henceforth carry tax identification numbers issued by the Federal Inland Revenue Service (FIRS),” the corporation said.
“This has dispensed with the need for companies to apply for the issuance of tax identification numbers from FIRS after incorporation.”
































The Muh

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