Cost of CAC 2022 Registration Fees in Nigeria

0
1023

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)
  • Passports
  • 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;
  1. 2 passports
  2. Approved Note printed out
  3. statutory form filled
  4. Proficiency Certificate (if available)
  5. Identification document
  6. Receipts of applicant payment

LEAVE A REPLY

Please enter your comment!
Please enter your name here