#jaiyeorie
According to the CAC, it is mandatory for content creators to complete
registration and fulfill their tax obligations.The Registrar General,
CAC, Hussaini Magaji, said: “Ignorance of the law is not an excuse. It
is stated in the Company and Allied Matters 2020 that for any business
to take place in Nigeria, whether you are doing business with your name
or another name, you must surrender your business for registration.“If
you are a content creator on the internet and you have a large
followership and you are gaining or making money from it, you must
register and that’s the provision of the law.“And we are all out to
enforce the provision of the law with its penalties.”
✍️“feel free to disagree in the comments
👀 ☝️👆 & let JAIYEORIE know what U think!”
📎
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