The Corporate Affairs Commission has rolled out new compulsory requirements for all online business name update applications, with immediate effect.
In a statement shared on its X account on Wednesday, the commission announced that applicants must now submit additional personal and contact information to strengthen verification procedures and improve the accuracy of business records.
“Under the new guidelines, every Business Name Online Update submission must include date of birth, registered office email, proprietor’s email address, phone number for the registered office or proprietor, where different and a valid means of identification,” CAC stated.
The commission noted that these revised requirements are part of ongoing reforms designed to enhance documentation integrity, prevent fraudulent activities, and ensure smooth communication with business owners.
With the introduction of these details, the CAC aims to streamline its database, simplify compliance checks, and deliver more secure and efficient services to entrepreneurs nationwide.
The commission encouraged business proprietors to adhere to the updated rules to avoid processing delays.
The CAC serves as Nigeria’s regulatory body responsible for the registration and management of companies and business names.
Over time, the commission has continued to modernise its operations, transitioning from manual procedures to a more efficient online system to facilitate registrations and updates for businesses across the country.
