In furtherance of the Federal Government’s ease of doing business initiative, the Corporate Affairs Commission, CAC, company registration portal has interfaced with that of the Federal Inland Revenue Service, FIRS, for generation of Tax Identification Number, TIN, for customers.
The CAC Registrar-General, Alhaji Abubakar, made the disclosure on Thursday during a business news program on TVC News, monitored by DAILY NIGERIAN.
According to him, business owners who register with the CAC no longer need to visit the FIRS to obtain TIN numbers.
Mr Abubakar noted that the initiative followed his quest to identify glitches in the registration and post registration of businesses with a view to removing all bottlenecks hindering their operations.
“With Nigeria moving up 24 places in the World Bank’s ease of doing businesses and also emerging as one of the world’s 10 most improved economies globally, the Federal Government said the country needed to go higher on the ease of doing business ladder. That is why at our own end we are are doing everything possible to actualize that,” Mr Abubakar said.
Speaking on the impact of COVID-19 on the activities of the CAC, Mr Abubakar lamented that the past few months have been the most challenging moments for the commission.
He said: “Our system is designed in a manner where staff have to work at office.
“It is not designed as an end-to-end electronic solution that customers can submit and get all their results electronically.
“So, with the whole COVID-19 restrictions (on grade level 14 only and working hours from 8-2pm) it has become more difficult.”
He, however, said the challenge had provided an opportunity for the commission to think ahead and device ways of introducing end-to-end electronic solutions, such that customers do not have to visit the CAC.
“We had to arrange an area at the commission’s car park where customers’ can wait, while observing social distance policy as only a maximum of 10 customers are allowed into the office,” he disclosed.
He added that the commission was set to introduce a mailing system to be handled by about 4 to 5 courier companies to ease submitting and dispatching of customers’ documents.
