CAC masturbates service taxes

The Company Affairs Commission (CAC) has increased the service commissions, in force from 1 August 2025.

According to the Commission, the decision was made after an in -depth evaluation of the current economic climate, increasing operating expenses and large consultations with the main parties concerned.

In a public notice made available to journalists on Tuesday, the CAC explained that the adaptation of the commissions aims to provide efficient services based on technology in line with the needs of companies and the Nigerian economy.

According to the CAC, the new structure will influence companies, legal professionals, conformity officials and interested parties that often engage with the company register for post-incorporation and related services.

“The Commission wishes to inform the public in general, estimated customers and all interested parties which, in its continuous effort to improve the provision of services, has become necessary to review certain service commissions in force on the 1st day of August 2025.

“This decision follows a careful consideration of the prevalent economic realities, the increase in operating costs and the commitment with the main parties concerned before the implementation,” said the CAC.

“The review is modest, competitive and aligns with our commitment to improve the provision of services through digitized operations and maintain the integrity of the Nigerian company register”.

The Commission has observed that the revised commissions will help to support and improve the provision of the service.

“We are engaged in transparency, responsibility and customer satisfaction while we strive to build a more resilient and reactive company regulation environment.”

He added that the complete modified commissions list is available on the Commission website, www.cac.gov.ng.

The CAC has increased the voluntary shots for N25,000 companies (for small companies) to N50.000 and from N25,000 to N100,000 for public companies.

He released a company from N50.000 for Ltd/GTE and N100.000 for public companies.

The search for Due Diligence (self-service) has been set at N50.000 in all categories.

To request an extension of the time to hold an annual general assembly, the Commission is time for N100,000 for public companies and n50,000 for all other companies.

Historical research reports now range from n20,000 to n30,000 per request. Other expenses include N25,000 for the limitation of the residential address of a director and N5.000 for a real certified copy of documents or extracts.

For limited partnerships, the updated commissions are N25.000 for the voluntary blow and the release, N10.000 for a letter of good position, n30,000 for the registration and CTC of documents and N10.000 for the change of name.

For the names of the companies, the volunteer shot now costs N10.000, Relisting is now N25.000, the cessation application is N10.000, a true certified copy of documents or extract is now of N5.000 and a restriction of addresses of an owner is now of N25,000.

In the meantime, the reservations of the names remain n1,000 throughout the line, while reservations for limited words will now cost N5.000.