News
New CAC Charges Roll Out with Digital Upgrade
The Corporate Affairs Commission (CAC) has announced a significant upward review of its service fees, citing economic realities and the need to improve service delivery. The new charges are set to take effect from August 1, 2025.
The Commission, which is the government agency responsible for the registration and regulation of companies and business names in Nigeria, disclosed that the adjustment was necessitated by increasing operational costs and the Commission’s commitment to a comprehensive digital transformation.
In a statement released on Monday, the CAC explained that the decision followed a series of consultations with key stakeholders, including business owners, legal practitioners, and compliance professionals, aimed at achieving transparency and inclusiveness in the process.
“The review of our service fees has become necessary due to prevailing economic conditions and the growing need to enhance the Commission’s operational capacity,” the Registrar-General/CEO of the CAC, Hussaini Ishaq Magaji (SAN), stated.
He added that the new fees would help fund critical upgrades to the Commission’s digital infrastructure, enabling quicker service delivery, better compliance tracking, and improved user experience for businesses and the general public.
Breakdown of Key Adjustments
The CAC provided a detailed breakdown of some of the revised charges that will apply to companies, business names, incorporated trustees, and other legal entities:
| Service Description | Old Fee | New Fee (From Aug 1, 2025) |
|---|---|---|
| Voluntary striking off (small company) | ₦25,000 | ₦50,000 |
| Voluntary striking off (public company) | ₦25,000 | ₦100,000 |
| Company relisting (Limited/GTE) | N/A | ₦50,000 |
| Company relisting (Public Company) | N/A | ₦100,000 |
| Extension of time for Annual General Meeting (AGM) | N/A | ₦50,000 (others), ₦100,000 (public) |
| Historical search reports | N/A | ₦20,000 – ₦30,000 |
| Director’s address restriction | N/A | ₦25,000 |
| Certified True Copy per document/extract | N/A | ₦5,000 |
| Business name striking off | N/A | ₦10,000 |
| Business name relisting | N/A | ₦25,000 |
| Reservation of name (ordinary) | ₦1,000 | ₦1,000 (unchanged) |
| Reservation of name (restricted words) | ₦5,000 | ₦5,000 (unchanged) |
The Commission emphasized that while some services will witness a notable increase, others such as the reservation of names will remain unchanged.
Stakeholder Reaction and Public Advisory
The CAC stated that its decision was not arbitrary but a product of dialogue with stakeholders across various sectors, ensuring that the revised rates would remain “modest and competitive” when compared with international benchmarks.
“We understand that these changes may affect small and medium-sized businesses. However, the reforms are essential for improving efficiency and sustaining service quality,” the Registrar-General reiterated.
The Commission advised individuals and corporate entities intending to file or process any applications to do so before July 31, 2025, to avoid the impact of the increased fees. Stakeholders are also encouraged to consult the CAC’s official website for a comprehensive list of the revised charges and to make use of the online platforms for faster processing.
Towards a Digitally Enabled CAC
The CAC also reaffirmed its commitment to transforming into a fully digitized and customer-focused service institution. The agency said that proceeds from the revised fees would be deployed toward enhancing its IT infrastructure, improving response time, and building more robust compliance systems.
In recent months, the Commission has introduced several digital tools for name reservation, incorporation, filing of returns, and post-incorporation services—efforts it says will be expanded further in the coming months.
Final Word
With the implementation of the new fees less than two months away, the Commission is urging the public to take note of the timeline and adjust their business registration plans accordingly.
For more information, visit: www.cac.gov.ng