adplus-dvertising
Business News

CAC Hikes Service Fees for Business Registration, Others by 50%

CAC

The Corporate Affairs Commission (CAC) has revised its service fees— some by 50 per cent— effective August 1, 2025, blaming this on economic realities in the country.

According to the commission, the decision was made after a thorough assessment of the current economic climate, rising operational expenses, and extensive consultations with key stakeholders.

In a public notice on Tuesday, the CAC explained that the fee adjustment aims to deliver efficient, technology-driven services in line with the needs of businesses and the Nigerian economy.

According to the CAC, the new structure will affect businesses, legal practitioners, compliance officers, and stakeholders frequently engaging with the corporate registry for post-incorporation and related services.

“The commission wishes to inform the general public, esteemed customers, and all stakeholders that in its continued effort to improve service delivery, it has become necessary to review certain service fees effective the 1st day of August 2025,” the agency stated.

The updated fees cover a wide range of services across companies, limited partnerships, business names, and incorporated trustees.

Business Post reports that the revisions include:

Voluntary Striking-Off: For small companies, the fee has increased from N25,000 to N50,000 while public companies will now pay N100,000 instead of N50,000.

Company Relisting will now cost N50,000 for LTD/GTE and N100,000 for public companies while Due Diligence Search (Self-Service) has been set at a flat rate of N50,000 across all entities.

Annual General Meeting Extension: Public companies will pay N100,000, while others are set at N50,000 and Historical Search Reports will now range between N20,000 and N30,000, depending on the request type.

Certified True Copies will now be priced at N5,000 per document or extract.

For Under Limited Partnerships, the commission listed the following changes:

Voluntary striking-off and relisting: N25,000 each; Letter of good standing: N10,000;Registration and Certified True Copies: N30,000, and Change of name was put at N10,000.

For Business Names, updated fees include:

Voluntary striking-off: N10,000; Relisting: N25,000; Application for cessation: N10,000; CTC of documents or extracts: N5,000 each, and Restriction of Proprietor’s Address: N25,000.

Meanwhile, name reservation fees remain unchanged at N1,000 for standard names and N5,000 for restricted words.