What is the Cost of CAC 2022 Registration Fees in Nigeria ?
In this article, you will find out about the expense of CAC registration fees in Nigeria including the necessities and interaction to take in enlisting your business.
Starting around 1990, the Corporate Affairs Commission(CAC) has been the central government agency burdened with the obligation of overseeing and managing business exercises as well as registrations of organizations. Whether Public or Private associations, all organizations are relied upon to be enlisted under the agency.
Presently, we should zero in on the CAC registration fees. The expense of CAC registration fees for organizations might vary from one another relying upon the kind of organization it’s. Whether private, public, sole possession, or an organization business. The following is a table representing every one of the full expenses of CAC registration fees.
Full Cost of CAC Registration Fees
The official application fee is N10,000 but there are other fees as laid out below
|Type of CAC fees||Fees in Naira(N)|
|Reservation of Business Name||500|
|Incorporation of trustees||30,000|
|Notice of change of name application||10,000|
|Notice of change in trustees Application||10,000|
|Filing of amendment of the constitution notice||6,000|
|Annual returns filling||5000|
|Filing of notice of court order for dissolution of incorporated trustees||5000|
|Filing of Miscellaneous and other documents||1000|
|Search on incorporated trustees file||2,000|
|Certified true copy of the constitution||5000|
|Certified true copies of other documents||2000|
|A certified true copy of the certificate of incorporation||10000|
|Registration of business name||10,000|
|Filing of notice of change of business name||5,000|
|Filing of notice of change in business address/proprietorship/annual address||1000|
|Search on business name file||1000|
|A certified true copy of business name certificate registration||5000|
|Registration of the private company with Share Capital above N1million to N500million||N5,000 for every N1million share capital|
|Registration of the private company with share capital above N500million||N7,500 for every N1million share capital|
|Registration of Public company/Increase in share capital||N20,000 for the first N1million share capital|
|Registration of Public Company/Increase in share capital above N1million to N500million||N10,000 for every N1million share capital|
|Registration of Public Company/increase in share capital above N500million||N15,000 for every N1million share capital|
|Registration of Company without a share capital||N20,000|
|Filing of notice of exemption of foreign Companies from Registration||N30,000|
|Filing of annual return for public company||5,000|
|Filing of annual return for company Limited by Guarantee||5000|
|Filing of annual return for Private company small company||N3,000|
|Filing of notice of merger/acquisition||50,000|
|Filing of other documents relating to the merger||10,000|
|Filing of notice of change of signature||2,000|
|Filing of a deed of release by a public company||10,000|
|Filing of a deed of release by a private company||5000|
|Letter of Good Standing||10,000|
|Other filings (miscellaneous)||2,000|
How To Register A Business Under CAC
Knowing the cost of CAC registration fees isn’t enough, you also need to know the steps to take in registering such businesses.
Before thinking of registering your business under the CAC, you should think of gathering the following
CAC Business Registration Requirements
- Name of business to be used
- Name of a sole owner or your partners
- Deed of partners(if a partnership business)
- Identification certificate
- An official fee of N10,000
After gathering all these, you can then proceed to apply for your business registration.
Steps to Register My Business Under CAC
- Visit the CAC website Portal by clicking HERE
- Verify the intended name for the business. This cost is for N500 only, you can refer to the cost of CAC registration fees for more info.
- After verifying that no one has used the name, proceed to registration.
- Fill the Pre-registration form with your correct details including the name of your business partner if any.
- Pay the application fee online after filling the form
- Print out your business name after filling and payment.
- Append your signature on the printout form, where necessary.
- Proceed to upload the following after signing the form;
- 2 passports
- Approved Note printed out
- statutory form filled
- Proficiency Certificate (if available)
- Identification document
- Receipts of applicant payment