CAC announces new service fees

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THE Corporate Affairs Commission (CAC) has announced a review of its service fees, set to take effect on August 1, 2025.

This decision follows a thorough assessment of economic conditions, operational costs, and stakeholder consultations.

In a public notice released on Tuesday, the Commission explained that the fee adjustment is part of efforts to deliver efficient, technology-driven services that align with the needs of businesses and the Nigerian economy.

“The Commission wishes to inform the General Public, Esteemed Customers, and all Stakeholders that in the continued efforts to improve its service quality and delivery, it has become necessary to review certain service fees effective the 1st day of August 2025.

“This decision follows the careful consideration of prevailing economic realities, rising operational costs as well as engagement of critical stakeholders ahead of implementation,” the CAC said.

It added, “The review is modest, competitive and aligns with our commitment to enhance service delivery through digitalised operations and maintain the integrity of the Nigerian Corporate Registry.”

Reaffirming its dedication to efficiency, the CAC noted that the revised fees are intended to ensure sustainability and continuous improvement in its service delivery.

“We remain committed to transparency, accountability, and customer satisfaction as we strive to build a more resilient and responsive corporate regulatory environment,” the commission said.

According to the CAC, the new development is expected to have implications for business owners, legal practitioners, compliance officers, and stakeholders engaging with the corporate registry for post-incorporation filings and regulatory services.

It was said that the reviewed fee structure affects services offered to companies, limited partnerships, business names, and incorporated trustees.

For companies, notable revisions showed that the voluntary striking-off fee has been raised from N25,000 (for small companies) to N50,000, and N100,000 for public entities.

Relisting of a Company now costs N50,000 for LTD/GTE and N100,000 for public companies. Due Diligence Search (Self-Service) has been fixed at N50,000 across all categories.

The commission said the request for an extension of time to hold the annual general meeting will now cost N100,000 for public companies, and N50,000 for others.

The commission stated that name reservations across the board remain at N1,000 while name reservations for restricted words cost N5,000.