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Register Your Business or Face Jail — CAC Warns

The Corporate Affairs Commission (CAC) has given unregistered businesses six weeks to comply or face legal action. In a statement…

Register Your Business or Face Jail — CAC Warns

The Corporate Affairs Commission (CAC) has given unregistered businesses six weeks to comply or face legal action.

In a statement Tuesday, the CAC warned that operating without registration or using unapproved names violates the Companies and Allied Matters Act and could lead to two years in jail and daily fines.

Business owners were urged to regularise their status before enforcement begins.

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Tags: #CAC #jail
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