You're making money - CAC says content creators must register
The Corporate Affairs Commission, CAC, has said that social media content creators must now register their handles and accounts. This include Instagram
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The Corporate Affairs Commission, CAC, has said that social media content creators must now register their handles and accounts. This include Instagram
The Corporate Affairs Commission has announced plans to formalise 300,000 businesses in Nigeria. It urged social media content creators including those on Instagram and TikTok with large followers and crypto businesses to register with the commission in accordance with the Company and Allied Matters Act 2020. The CAC said it is in line with its continued bid to drive compliance and achieve President Bola Ahmed Tinubu's dream of creating 50 million jobs.
This is coming amidst alleged plans by the Federal Inland Revenue Services to onboard media content and influencers into its tax system.
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