The Corporate Affairs Commission (CAC) has announced that it will begin full enforcement of statutory requirements governing the contents of company business letters from August 1, 2026, warning that companies that fail to comply will face sanctions.
The commission made the announcement in a public notice signed by its management and published on its official X account on Wednesday.
According to the notice, the enforcement will focus on the provisions of Sections 304(1), 304(2), and 304(1)(c) of the Companies and Allied Matters Act (CAMA) 2020, which prescribe the information every registered company must include on its business letters.
Under the Act, companies are required to clearly display their registered name and registration number, as well as the present forenames or initials and surnames of their directors. Where applicable, any former forenames and surnames must also be stated, while the nationality of every non-Nigerian director must be indicated.
The requirement applies to all official company correspondence, including invoices, quotations, letters, and other business documents.
The CAC stated that enforcement of these provisions will commence on August 1, adding that non-compliant companies will be subject to the sanctions provided under the law.
“Commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of Sections 304(1) & (2) and (1)(c) of the Act with respect to company business letters, with attendant sanctions for non-compliance,” the notice read.
The commission urged all companies registered under the Companies and Allied Matters Act to review their business documents and ensure they meet the statutory requirements before the enforcement date to avoid penalties.
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