CAC Announces Revised Service Charges, Effective August 1…The Corporate Affairs Commission (CAC) has announced a comprehensive review of its service fees, which will officially take effect on August 1, 2025.
The newly introduced fee structure affects a wide range of services provided by the Commission, including business name registration, company incorporation, post-registration filings, and penalties for late submissions.
According to the Commission, the revision is part of ongoing reforms aimed at improving service delivery, sustaining operational capacity, and aligning its pricing model with present-day economic realities.
Under the revised fees, the cost for registering a business name has increased from ₦7,500 to ₦10,000, while the registration fee for a limited liability company (LLC) has been adjusted to ₦20,000.
For incorporated trustees, which includes non-profit organizations and religious bodies, the registration fee is now ₦15,000.
The changes also extend to post-registration filings such as annual returns, which will now attract a charge of ₦5,000 for both business names and LLCs, and ₦7,500 for incorporated trustees.
Penalties for late filings have been increased as well, with a new flat rate fine of ₦10,000 across all categories.
The CAC noted that the fee adjustments were necessary to reflect current economic conditions and to maintain the integrity and efficiency of its operations.
In recent years, the Commission has invested significantly in upgrading its digital infrastructure, simplifying the registration process, and expanding its capacity to serve Nigeria’s growing business community.
These investments, the Commission stated, must be supported by a fee regime that is both fair and economically viable.
The announcement of the new charges has sparked varied reactions across the business landscape.
While some stakeholders have welcomed the update as a necessary step toward improving services, others—especially owners of small and micro-enterprises—have expressed concerns about the potential impact on their operations.
Critics argue that any increase in statutory fees could discourage business formalization and impose additional burdens on young entrepreneurs operating on tight budgets.
In response to these concerns, the Commission has emphasized that the new fees were introduced after careful analysis and consultation with industry experts.
The CAC maintains that the adjustments remain moderate compared to the value and convenience offered through its services.
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The Commission also pointed out that Nigeria continues to maintain one of the most affordable business registration environments in Africa, even with the new pricing structure in place.
Furthermore, the CAC assured stakeholders that it remains committed to supporting the Micro, Small and Medium Enterprises (MSME) sector, which it recognizes as the backbone of the national economy.
The Commission reiterated its pledge to enhance the ease of doing business in Nigeria, not only through technology-driven services but also by offering continued support in the form of educational resources, training workshops, and customer service improvements.
To help businesses and individuals prepare for the transition, the CAC has made the new fee schedule available on its official website and through its regional offices nationwide.
Business owners are encouraged to review the revised rates and ensure compliance with all filing and registration requirements ahead of the implementation date.
The Commission also advised that stakeholders take advantage of the current rates before the changes come into force on August 1.
The revised fees mark a new chapter in the CAC’s reform agenda, which has over the years aimed to make Nigeria’s corporate registry more transparent, accessible, and responsive to the needs of the private sector.
While debate over the timing and scale of the fee increases is likely to continue, the Commission appears firm in its resolve to modernize its operations and improve public service efficiency.
The CAC concluded its announcement with a call for cooperation from the business community, stating that improved service delivery is a shared responsibility that requires adequate funding, streamlined processes, and a commitment to long-term sustainability.
