Sunday, 18 February 2018

CAC Registration Fees: Nigerian Business Registration 


The CAC (Coporate Affairs Commission) has made it very easy to register a business in Nigeria.
Anyone can literally register his or her business in Nigeria without the help of any third party or middle man.

This article contains a comprehensive list of all the necessary registration fees that anyone who wants to register a business in Nigeria must pay before registration.
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Check out the list below to see which amount payable  for the registration of your business in Nigeria.


CAC Registration Fees

1. Reservation of Name = N500.00

2. Registration of private company with share capital of N1million or less = N10,000.00

3. Registration of private company/Increase in Share Capital above N1million and upto N500million = N5,000.00 for every N1million share capital or part thereof

4. Registration of private company/Increase in share capital above N500million= N7,500.00 for every N1million share capital or part thereof.

5. Registration of Public company/Increase in share capital
N20,000.00 for the first N1million share capital or part thereof

6. Registration of Public Company/Increase in share capitalabove N1million and upto N500million = N10,000.00 for every N1million share capital or part thereof

7. Registration of Public Company/increase in share capital above N500million = N15,000.00 for every N1million share capital or part thereof

8. Registration of Company not having a share capital N20,000.00

9. Filing of notice of exemption of foreign Companies from Registration = N30,000.00

10. Re-instatement/Relisting of company name = N25,000.00

11. Registration of charges for private company = N10,000.00 for every N1million or part thereof

12. Registration of charges for public company = N20,000.00 for every 1Million or part thereof

13. Filing of annual return for a small Company = N2,000.00

14. Filing of annual return for Private company other than a small company = N3,000.00
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15. Filing of annual return for public company = N5,000.00

16. Filing of annual return for company Limited by Guarantee = N5,000.00

17. Filing of annual report by foreign companies = N5,000.00

18. Filing of statement in form of schedule 14 under section 553= N10,000.00

19. Filing of notice of merger/acquisition = N50,000.00

20. Filing of special resolution for merger = N20,000.00

21. Filing of other documents relating to merger =N10,000.00

22. Filing of statutory declaration of solvency = N5,000.00

23. Registration of appointment of liquidator = N10,000.00

24. Registration of resolution for winding up = N10,000.00

25. Filing of return of final meeting and account of liquidation = N5,000.00

26. Filing of notice of change of company name = N10,000.00

27.Filing of notice of alteration of memorandum and articles of association = N5,000.00

28. Filing of notice of changes in particulars of directors = N2,000.00

29. Filing of return of allotment and or notice of change in shareholding = N2,000.00

30. Filing of notice of change in registered address = N2,000.00

31. Filing of notice of appointment of receiver = N10,000.00

32. Filing of notice of discharge of receiver = N5,000.00

33. Filing of notice of change of signature = N2,000.00

34.  Filing of notice of reduction in share capital by public company = N20,000.00

35. Filing of notice of reduction in share capital by private company = N10,000.00

36. Filing of deed of release by public company =N10,000.00

37. Fiiling of deed of release by private company = N5,000.00

38. Application for extension of time for holding of annual general meeting by public company = N10,000.00

39. Application for extension of time for holding of annual general meeting by private company= N5,000.00

40. Letter of Good Standing = N10,000.00

41. Other filings (miscellaneous) = N2,000.00

42. Certified true copy of certificate of registration = N10,000.00

43. Certified true copies of memorandum and articles of association = N3,000.00

44. Electronic Search = N1,000.00 per company

45. Manual Search by customers = N2,000.00 per company file

46. Manual Search Report prepared by officers of the Commission = N5,000.00
47. Certified true copies of other documents = N2,000.00 per document
48. Consent for Restricted Names = N5,000.00
Business Name

50. Reservation of Name .= 500

51. Registration of business name = 10,000.00

52. Filing of notice of change of business name = 5,000.00

53. Filing of notice of change in business address = 1,000.00
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54. Filing of notice of change in proprietorship = 1,000.00

55. Filing of annual return = 1,000.00

56. Filing of notice of cessation of business = 1,000.00

57. Filing of other documents (miscellaneous) = 1,000.00

58. Search on business name file1,000.00 per business name file

59. Certified true copy of business name certificate of registration = 5,000.00

60. Certified true copies of other documents = 2,000.00 per document
Incorporated Trustee

61.  Reservation of Name = 500

62. Incorporation of trustees = 30,000.00

63. Filing of notice of change of name =10,000.00

64. Filing of notice of change in trustees =10,000.00

65. Filing of notice of amendment of constitution = 6,000.00
66. Filing of annual return = 5,000.00

67. Filing of notice of court order for dissolution of incorporated trustees = 5,000.00

68. Filing of other documents (miscellaneous) =1,000.00

69. Search on incorporated trustees file = 2,000.00

70. Certified true copy of certificate of incorporation = 10,000.00

71. Certifed true copy of constitution = 5,000.00

72 Certified true copy of incorporation form 2,000.00

73 Certified true copies of other documents 2,000.00 per document

Penalties
1.  Late filing of increase in share capital of public company =10,000
2.  Late filing of increase in share capital of private company = 5,000.00
3.  Late filing of annual return for small company = 3,000.00 per year
4.  Late filing of annual return for a private company other than a small company = 5,000.00 per year
5.  Late filing of annual return for public company = 10,000 per year
6.  Late filing of annual return for Company Limited by Guarantee = 5,000.00 per year
7.  Late filing of statement in form of schedule 14 under section = 553 100.00 per day for each director, company secretary and company
8. Late filing of notice of appointment of liquidator = 5,000.00
9. Late filing of resolution for winding up 500.00 for each director and the company secretary
10. Late filing of notice of change of company name = 5,000.00
11. Late filing of notice in alteration of memorandum and articles of association =5,000.00
12. Late filing of notice/deed of release = 5,000
13. Late filing of notice of changes in particulars of directors = 5,000.00
14. Late filing of return of allotment by public company =10,000.00
15. Late filing of return of allotment by private company = 5,000.00
16. Late filing of notice of change in shareholding = 5,000.00
17. Late filing of notice of change in registered address =50.00 per day for every director, company secretary and company
18. Late filing of charges by public company = 10,000.00
19. Late filing of charges by private company = 5,000.00
20. Late filing of other documents (miscellaneous) = 5,000.00

Business Name

21. Late filing of change of business name = 50.00 per proprietor
22. Late filing of notice of change in business address = 50.00 per proprietor
23. Late filing of notice of change in proprietorship = 50.00 per proprietor
24. Late filing of annual return = 2,500.00
25. Late filing of notice of cessation of business = 1,000

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Incorporated Trustees
26. Late filing of annual return = 5,000.00

Forms
1. Set of incorporation forms = 500.00
2. Others = 100.00 per form

Business Name
1. Registration form = 250.00
2. Others = 100.00 per form

Incorporated Trustees
1. Set of incorporation forms = 1,000.00
2. Others =100.00 per form
Accreditation 5,000.00

Source: cac.gov.ng

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