The Corporate Affairs Commission (CAC) has announced that henceforth Certificates of Incorporation of Companies shall carry Tax Identification Numbers.
This is contained in a Notice made available to TheNigeriaLawyer (TNL) signed by the Management.
“This is to inform our esteemed customer 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 Notice reads
The Notice further disclosed that the purpose is to “dispense with the need for companies (to) apply for the issuance of Tax Identification Numbers from the FIRS after incorporation.”
The Muhammadu Buhari-led administration has been making efforts to improve Nigeria’s ease of doing business and set up the presidential enabling business environment council (PEBEC) to remove bottlenecks in the business environment and attract investments.