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Friday, June 20, 2025

CAC To Implement New Service Fees August 1

THE Corporate Affairs Commission (CAC) has announced a fresh review of its service fees, set to take effect from August 1, 2025.

According to the Commission, the decision follows a comprehensive assessment of prevailing economic conditions, rising operational costs, and consultations with critical stakeholders.

In a public notice released recently, the Commission explained that the adjustment forms part of broader efforts to enhance the delivery of efficient, technology-driven services that align with the needs of businesses and the Nigerian economy.

“The Commission wishes to inform the general public, esteemed customers, and all stakeholders that, in its continued efforts to improve service quality and delivery, it has become necessary to review certain service fees effective from August 1, 2025,” the notice read.

“This decision follows careful consideration of prevailing economic realities, rising operational costs, as well as the engagement of critical stakeholders ahead of implementation.”

The Commission added that the review is modest, competitive, and consistent with its commitment to improved digital operations and maintaining the integrity of the Nigerian Corporate Registry.

Reaffirming its focus on operational efficiency, the CAC stated that the revised fees are designed to support sustainability and continuous service improvement.

“We remain committed to transparency, accountability, and customer satisfaction as we strive to build a more resilient and responsive corporate regulatory environment,” the statement added.

The updated fee schedule, which affects services provided to companies, limited partnerships, business names, and incorporated trustees, is now available on the Commission’s website.

The revised structure is expected to impact business owners, legal practitioners, compliance officers, and other stakeholders engaging in post-incorporation filings and regulatory services.

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