CAC To Register Companies In 3 Hours

Company registration just got easier as the Corporate Affairs Commission (CAC) has said it would deploy new software in the first quarter of 2014 to further reduce the registration period of companies to a maximum of three hours.
Speaking while receiving a Quality Management System (QMS) certificate from the Standards Organisation of Nigeria (SON) on behalf of the CAC in Abuja, the Registrar-General of the commission, Alhaji Bello Mahmud said the move was part of efforts by the commission to maintain its current status as one of the best company registries in the world as shown by the ISO certification.
“We have been able to reduce the period of registration of companies from five days to 24 hours since the adoption of the International Standard Organisation (ISO) standards. We intend to reduce it further to a maximum of three hours by the time we deploy new registration software in the first quarter of 2014,” he said.
The registrar-general noted that Quality Management System had been a veritable tool for the significant improvement recorded by the commission in its service delivery.

While presenting the QMS certificate to CAC on behalf of the International Standard Organisation (ISO) the Director-General, SON, Mr. Joseph Odumodu, said it was in recognition of the commission’s pursuit of excellence in its service delivery to Nigerians.

He said the QMS adopted by the CAC had helped the commission to understand customer needs and meet their expectations as well as improve on its set processes and documentation, among others.

According to him, CAC is the first Federal Government agency among four others to obtain certification on QMS from SON.

Other agencies, according to the SON boss are the Nigeria National Petroleum Corporation (NNPC), the Federal Roads Safety Commission (FRSC) and SON.

“This remarkable achievement can be ascribed to the desire of the commission to improve on its processes, documentation and on-time delivery of services to its customers.

“By this impressive feat, CAC has formally announced themselves among the league of the lofty class of Quality Management System certified organisations in Nigeria,” he said.

Odumodu therefore urged public and private organisations in the country to work hard to satisfy their customers’ needs if they wished to be relevant in a highly competitive environment.