Nigeria’s Corporate Affairs Commission (CAC) is set to increase fees for various registrar services starting August 1, 2025. This move, announced by the CAC, is a direct response to current economic conditions, rising operational costs, and the commission’s ambition to enhance its digital services.
Why the Fee Hike?
The CAC conducted a thorough assessment of the economic climate and held consultations with key stakeholders before deciding on what it describes as “modest” and “competitive” fee adjustments. These changes will affect post-incorporation filings and regulatory services for a wide range of entities, including companies, limited partnerships, business names, and incorporated trustees.
What Are the Key Changes?
Here’s a breakdown of some of the notable fee increases:
Voluntary Striking Off Companies:
Private firms: From ₦25,000 to ₦50,000
Public entities: ₦100,000
Company Relisting Costs:
LTD/GTE: ₦50,000
Public firms: ₦100,000
Due Diligence (Self-Service): A flat fee of ₦50,000
AGM Extension Fees:
Private companies: ₦50,000
Public companies: ₦100,000
Historical Document Retrieval: Between ₦20,000 and ₦30,000
Certified True Copies or Extracts: ₦5,000 each
Adjustments for Limited Partnerships and Business Names
Limited partnerships and business names will also see fee adjustments:
Voluntary Striking Off and Relisting: ₦25,000
Letter of Good Standing: ₦10,000
Certified True Copies of Documents: ₦30,000
Change of Name: ₦10,000
For business name registrations, specific changes include:
Striking Off and Relisting: ₦25,000
Cessation Applications: ₦10,000
Certified True Copies: ₦5,000
Address Restriction: ₦25,000
What Stays the Same?
It’s worth noting that name reservation fees will not change: ₦1,000 for standard names and ₦5,000 for names containing restricted terms.
CAC’s Vision
The CAC emphasizes that these fee adjustments are crucial for its ongoing efforts to improve technology-driven service delivery, uphold the integrity of the registry, and ensure the commission’s long-term sustainability. Registrar-General Hussaini Ishaq Magaji, who took the helm in October 2023, reaffirmed the CAC’s commitment to “transparency, accountability, and customer satisfaction” as part of broader initiatives to strengthen corporate governance in Nigeria.
For a comprehensive list of the updated fees, you can visit the “Reviewed Service Fees” section on the CAC’s official website.
