Abuja, Nigeria — E be like say money matter don land for ground again! Dis one na as Corporate Affairs Commission (CAC) don yan say dem go increase service fees wey go start from August 1, 2025. How far?!
According to CAC, dem do dis adjustment after dem check all di wahala wey dey happen for economy, plus all di extra cost wey don increase. Dem talk say this move na part of dem plan to make sure say dem dey give better service wey go fit match di needs of all di businesses wey dey hustle for Naija.
The Commission don drop message wey talk say, “We wan make una sabi say for our ongoing effort to improve quality and delivery, e don become necessary to review certain service fees effective August 1, 2025.” (Dem no fit buy dem “we just dey try” excuse.)
Dis na wetin dem dey consider before dem come decide to vex like this: rising operational costs, economic wahala, plus consultations with people wey sabi wetin dey happen. They go up di fees small small but dem say e dey competitive. Abeg, we fit believe dem?
Di revised fees go affect services wey concern companies, limited partnerships, business names, and incorporated trustees. For example, for small companies, di voluntary striking-off fee don climb from N25,000 to N50,000, and for public companies, wetin before dey N25,000 don now reach N100,000. E be like say wahala dey follow pocket too!
For di matter of relisting, na N50,000 go dey for LTD/GTE but N100,000 fit take public companies. And if you wan do due diligence by yourself, na N50,000 you go cough out. E no easy o!
Request for extension of time to hold annual general meeting don chop N100,000 for public companies, while others go still manage with N50,000. Historical Search Reports na N20,000 to N30,000 depending on wetin you dey find. (Some people go just dey wonder wetin dem dey pay for.)
For all di lawyers and compliance officers wey dey look for accurate information, dem go need to sign checkbook because certified true copies don reach N5,000 each. And if you wan stress your director’s residential address, e don enter N25,000. Omo, wetin come happen? Why dem no fit just make e free? Abi dem dey play “scam bank”?
Limited partnerships dey also groove with new fees wey dey N25,000 for voluntary striking off and relisting. For business names, fees still dey manage small, but nobody wan hear N10,000 for voluntary striking off or N25,000 for relisting. E get as e be o!
Persons wey dey do business, lawyers, compliance officers, and all di stakeholders wey dey interact with CAC, better sharpen una mind because dis fee change sabi come wahala o. It go fit change di way you dey do business for Naija. Abeg, prepare well!
Make sure you check di full list of di fees on CAC website if you go fit deal with di new prices. E clear say no matter as di gbedu dey play, na money we go still manage on top our head.
