Banking & Finance

Banking & Finance

Sep 26, 2025

CAC REGISTRATION : REVISED SERVICE FEES

From October 1st 2025, The new CORPORATE AFFAIRS COMMISSION revised service fees would take effect, This will affect a range of post-incorporation filings and stands  as a signal for the  government’s broader push toward cost-reflective regulation. The increment is as a result of  the stabilization of the new COMPANY REGISTRATION PORTAL (CRP) expected by mid-September 2025.

The new CAC fee adjustments mainly affect post-incorporation services. However, companies registering with share capital above ₦1,000,000 will see higher incorporation fees under the revised schedule, Specifically, such companies will now pay ₦10,000 for every additional ₦1,000,000 in share capital, while those at or below ₦1,000,000 remain at the ₦10,000 flat rate.

In its public notice, CAC explained that the review was necessary to reflect current economic conditions, rising administrative costs, and to support its ongoing efforts to improve digital service delivery and Nigeria’s fiscal framework. 

WHAT THIS MEANS FOR BUSINESSES

Fees Adjustments : 

Companies with share capital above ₦1,000,000 face higher incorporation fees, while post-incorporation services such as striking-off, relisting, and document certification will attract higher charges.

- Annual Returns: There would be new filing costs and penalties for late filings.

- Post-Incorporation Services: Changes in fees for share capital increase, company name change, and other updates.

- Digital Services : Possible new charges for online filings via CORPORATE AFFAIRS COMMISSION portal alongside other  digital processes.

WHAT NEXT FOR BUSINESSES 

Review and Complete Outstanding filings: Businesses should complete pending filings or make necessary corporate changes before the new date takes effect so as to take advantage of the existing fee. 

  • Budget for higher compliance costs: Businesses should note that they would be accounting  for CORPORATE AFFAIRS COMMISSION fee increases from October and the broader administrative costs of tax reform.

Engage early with regulators: Make use of the extension window to align with CAC requirements and clarify tax obligations under the new Acts.

Prioritize corporate governance: Maintain proper documentation of filings as tax definitions and compliance rules tighten, strong governance and documentation will serve as shields against penalties.

  • Inform all Stakeholders: Notify boards, management teams and compliance officers of the upcoming changes to aid planning appropriately. 

SERVICE TABLE

Service Description

Old Fee (₦)

New Fee (₦)

Remarks

Voluntary striking-off (small companies)

25,000

50,000

Cost doubled

Voluntary striking-off (public companies)

25,000

100,000

Four times higher

Relisting of company (Ltd/GTE)

N/A

50,000

New fee

Relisting of public company

N/A

100,000

New fee

Extension to hold AGM (private/NGO)

N/A

50,000

New fee

Extension to hold AGM (public companies)

N/A

100,000

New fee

Self-service due diligence search

N/A

50,000

Now attracts a fee

Historical search report

20,000

30,000

Increased by ₦10,000

Certified true copies (per page)

5,000

5,000

No change

Restriction of director/proprietor address

N/A

25,000

New fee

CONCLUSION :

With the Corporate Affairs Commission revised service fee, it draws the conclusion to the fact that there is a new fiscal order. 

For corporates, SMEs, and startups alike, the message is clear: compliance is no longer just a box to tick, it’s a strategic necessity.

Businesses that anticipate these changes, adapt their budgets, and strengthen governance will be best positioned to thrive in this evolving regulatory landscape.

From October 1st 2025, The new CORPORATE AFFAIRS COMMISSION revised service fees would take effect, This will affect a range of post-incorporation filings and stands  as a signal for the  government’s broader push toward cost-reflective regulation. The increment is as a result of  the stabilization of the new COMPANY REGISTRATION PORTAL (CRP) expected by mid-September 2025.

The new CAC fee adjustments mainly affect post-incorporation services. However, companies registering with share capital above ₦1,000,000 will see higher incorporation fees under the revised schedule, Specifically, such companies will now pay ₦10,000 for every additional ₦1,000,000 in share capital, while those at or below ₦1,000,000 remain at the ₦10,000 flat rate.

In its public notice, CAC explained that the review was necessary to reflect current economic conditions, rising administrative costs, and to support its ongoing efforts to improve digital service delivery and Nigeria’s fiscal framework. 

WHAT THIS MEANS FOR BUSINESSES

Fees Adjustments : 

Companies with share capital above ₦1,000,000 face higher incorporation fees, while post-incorporation services such as striking-off, relisting, and document certification will attract higher charges.

- Annual Returns: There would be new filing costs and penalties for late filings.

- Post-Incorporation Services: Changes in fees for share capital increase, company name change, and other updates.

- Digital Services : Possible new charges for online filings via CORPORATE AFFAIRS COMMISSION portal alongside other  digital processes.

WHAT NEXT FOR BUSINESSES 

Review and Complete Outstanding filings: Businesses should complete pending filings or make necessary corporate changes before the new date takes effect so as to take advantage of the existing fee. 

  • Budget for higher compliance costs: Businesses should note that they would be accounting  for CORPORATE AFFAIRS COMMISSION fee increases from October and the broader administrative costs of tax reform.

Engage early with regulators: Make use of the extension window to align with CAC requirements and clarify tax obligations under the new Acts.

Prioritize corporate governance: Maintain proper documentation of filings as tax definitions and compliance rules tighten, strong governance and documentation will serve as shields against penalties.

  • Inform all Stakeholders: Notify boards, management teams and compliance officers of the upcoming changes to aid planning appropriately. 

SERVICE TABLE

Service Description

Old Fee (₦)

New Fee (₦)

Remarks

Voluntary striking-off (small companies)

25,000

50,000

Cost doubled

Voluntary striking-off (public companies)

25,000

100,000

Four times higher

Relisting of company (Ltd/GTE)

N/A

50,000

New fee

Relisting of public company

N/A

100,000

New fee

Extension to hold AGM (private/NGO)

N/A

50,000

New fee

Extension to hold AGM (public companies)

N/A

100,000

New fee

Self-service due diligence search

N/A

50,000

Now attracts a fee

Historical search report

20,000

30,000

Increased by ₦10,000

Certified true copies (per page)

5,000

5,000

No change

Restriction of director/proprietor address

N/A

25,000

New fee

CONCLUSION :

With the Corporate Affairs Commission revised service fee, it draws the conclusion to the fact that there is a new fiscal order. 

For corporates, SMEs, and startups alike, the message is clear: compliance is no longer just a box to tick, it’s a strategic necessity.

Businesses that anticipate these changes, adapt their budgets, and strengthen governance will be best positioned to thrive in this evolving regulatory landscape.

© 2024 Maverick Solicitors. All rights reserved.

DEVELOPED BY SHAKS STUDIOS

© 2024 Maverick Solicitors. All rights reserved.

DEVELOPED BY SHAKS STUDIOS

© 2024 Maverick Solicitors. All rights reserved.

DEVELOPED BY SHAKS STUDIOS

© 2024 Maverick Solicitors. All rights reserved.

DEVELOPED BY SHAKS STUDIOS