Complete Guide to CAC Fees for Business Name Services in Nigeria
Are you aware of the fees associated with registering a business name with the Corporate Affairs Commission (CAC) in Nigeria? From name reservations to annual returns, understanding these costs is essential for any entrepreneur. What are the exact fees, and how can they impact your business? Let’s dive into the specifics to help you budget effectively and avoid any surprises.
Navigating the costs associated with business name services can be daunting, but the Corporate Affairs Commission (CAC) has clearly outlined the fees for various services. This guide will help you understand the fees charged by the CAC for different business name-related services, from name reservation to annual returns.
Name Reservation | ₦500 |
Restricted Words | ₦5,000 |
Registration | ₦10,000 |
✏️ Change of Name | ₦10,000 |
Annual Returns | ₦3,000 |
Status Report | ₦5,000 |
Voluntary Striking-off | ₦10,000 |
⏩ Same Day Filing | ₦10,000 |
On this page
Name Reservation Fees
When starting a business, reserving a name is an essential step. The CAC charges a nominal fee for this service.
Fee: ₦500
For names that include restricted words, the fee is higher.
Fee for Restricted Words: ₦5,000
Registration and Certified True Copies
Registering your business and obtaining certified true copies of registration documents incurs a standard fee.
Fee: ₦10,000
Change of Name
If you need to change your business name, the CAC charges a fee for processing this change.
Fee: ₦10,000
Annual Returns and Miscellaneous Filings
Filing annual returns and other post-registration documents is crucial for maintaining your business’s good standing.
Fee: ₦3,000 each
Status Report and Letter of Good Standing
Obtaining a status report or a letter of good standing can be necessary for various business dealings.
Fee: ₦5,000
Voluntary Striking-off
If you decide to voluntarily strike off your business from the register, a fee is applicable.
Fee: ₦10,000
Same Day Post Incorporation Filing
For urgent post-incorporation filings, an additional fee is charged on top of the regular filing fees.
Fee: ₦10,000
Relisting
If your business has been delisted and you wish to relist it, there is a significant fee.
Fee: ₦25,000
Restriction of Proprietor’s/Partner’s Residential Address
To restrict the residential address of a proprietor or partner, the CAC charges a fee.
Fee: ₦25,000
Certified True Copy of Documents/Extract
Obtaining certified true copies of documents or extracts from the CAC incurs a fee.
Fee: ₦5,000 each
Application for Cessation
For processing an application for the cessation of a business, the following fee applies.
Fee: ₦10,000
For more detailed information on the fees associated with CAC services, you can visit the CAC schedule of fees.