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CAC unveils two new business ownership types, begins registration

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The commission has registered the first Nigerian owners of the two business types..........................................

The Corporate Affairs Commission says it has commenced the registration of two new forms of business registrations pursuant to CAMA, 2020.

Mr Abubakar said the development followed the successful deployment of the Online Application for Limited Liability Partnerships and Limited Partnerships . He added that the liabilities of the partners of an LLP were limited to the amount agreed to be contributed or outstanding in the event of winding up.

 

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