CAC Introduces New Mandatory Requirements for Business Name Online Updates

The Corporate Affairs Commission has announced new compulsory requirements for all Business Name Online Update requests, marking another step in its ongoing reforms to enhance verification and improve the accuracy of business records nationwide.

The directive, released on Wednesday via the commission’s official X account, mandates applicants to provide additional personal and contact information before their requests can be processed.

According to the CAC, every Business Name Online Update submission must now include the proprietor’s date of birth, a registered office email address, the proprietor’s personal email, a phone number for the registered office or proprietor (if different), and a valid means of identification.

“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,” the commission stated.

The CAC explained that the revised requirements are part of broader efforts to strengthen documentation integrity, minimise fraudulent alterations, and ensure seamless communication with proprietors of registered businesses.

By mandating these details, the commission aims to streamline its database, facilitate compliance checks, and deliver more secure and efficient services to entrepreneurs across the country.

The regulatory body urged business owners to comply fully with the updated guidelines to avoid delays in processing their applications.

As Nigeria’s statutory authority for the registration and regulation of companies, business names, and incorporated trustees, the CAC has, in recent years, shifted from manual processes to a digital-first system, improving accessibility and reducing bottlenecks in registration and post-registration services.