Are you planning on incorporating a company with the Corporate Affairs Commission in Nigeria? If yes, you would want to know the fees involved in each stage of company incorporation with the CAC in Nigeria. In this article, we would provide the fees associated with CAC filing in incorporation so you’d know what to expect each step of the way.
How to calculate the CAC filing fee in incorporation in Nigeria would be discussed below:
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What are the Fees Involved in the Incorporation of a Company with CAC in Nigeria?
Certain fees are usually spent during the process of incorporating a company with the Corporate Affairs Commission (CAC). Below is a table showing the various fees involved during the process of incorporating a company with the CAC in Nigeria:
| Ltd./Gte Fee (NGN) | Small Company Fee (NGN) | Private other than small company Fee (NGN) | Public Company Fee (NGN) | |
| Name Reservation | 500 | 500 | 500 | |
| Name Reservation for restricted words and Ltd/Gte | 5,000 | 5,000 where applicable | 5,000 where applicable | 5,000 where applicable |
| Incorporation of Company Limited by Guarantee (this includes CTC of first incorporation documents without additional charge) | 20,000 | Not Applicable (N/A) | N/A | N/A |
| Incorporation of private/public company limited by shares (this includes CTC of first incorporation documents without additional charge). Issued share capital of N1 million or less
Incorporation of private/public company limited by shares (this includes CTC of first incorporation documents without additional charge). Issued share capital above N1 million and up to N500 million Incorporation of private/public company limited by shares (this includes CTC of first incorporation documents without additional charge). Issued share capital above N500 million |
N/A
N/A N/A |
10,000
5,000 for every N1 million share capital or part thereof 10,000 for every N1 million share capital or part thereof |
10,000
5,000 for every N1 million share capital or part thereof 10,000 for every N1 million share capital or part thereof |
20,000
10,000 for every N1 million share capital or part thereof 15,000 for every N1 million share capital or part thereof |
| Registration of increase in Issued share capital up to N500 million | N/A | 5,000 for every N1 million share capital or part thereof | 5,000 for every N1 million share capital or part thereof | 10,000 for every N1 million share capital or part thereof |
| Registration of increase in Issued Share capital above N500 million | N/A | 7,500 for every N1 million share capital or part thereof | 7,500 for every N1 million share capital or part thereof | 15,000 for every N1 million share capital or part thereof |
| Change of name | 20,000 | 10,000 | 20,000 | 50,000 |
| Registration of Charges | 25,000 or 0.35% of the amount secured by the charge, whichever is higher | 25,000 or 0.35% of the amount secured by the charge, whichever is higher | 25,000 or 0.35% of the amount secured by the charge, whichever is higher | 25,000 or 0.35% of the amount secured by the charge, whichever is higher |
| Memorandum of Satisfaction/Deed of Release | 25,000 | 25,000 | 25,000 | 25,000 |
| Deed of hypothecation | 25,000 | 25,000 | 25,000 | 25,000 |
| Deed of negative privilege | 25,000 | 25,000 | 25,000 | 25,000 |
| Annual Returns, other post incorporation and miscellaneous filings | 5,000 | 5,000 | 5,000 | 10,000 |
| Status Report/Letter of Good Standing | 5,000 | 5,000 | 5,000 | 5,000 |
| Historical Search Report (Directors/Officers Information) | 10,000 | 10,000 | 10,000 | 20,000 |
| Historical Search Report (Shareholding Information) | 10,000 | 10,000 | 10,000 | 20,000 |
| Historical Search Report (Particular of Charges/Debentures/Memorandum of Satisfaction)
Historical Search Report (All information) |
10,000
20,000 |
10,000
20,000 |
10,000
20,000 |
20,000
20,000 |
| Due Diligence Search (Self-Service) | 50,000 | 50,000 | 50,000 | 50,000 |
| Voluntary Striking Off | 50,000 | 25,000 | 50,000 | 100,000 |
| Same day post incorporation filing (in addition to filing fees)
Relisting of company Restriction of the director’s residential address Extension of time to hold Annual General Meeting (AGM) Certified True Copy of Documents/Extracts |
30,000
50,000 25,000 50,000 5,000 each |
20,000
25,000 25,000 N/A 5,000 each |
30,000
50,000 25,000 50,000 5,000 each |
50,000
100,000 50,000 100,000 5,000 each |
Breakdown of CAC Filing Fees for Incorporation of Limited Liability Partnerships (LLP)
| Fee (NGN) | |
| Name Reservation | 500 |
| Name Reservation for Restricted Words | 5,000 |
| Incorporation and CTC of Registration Documents | 20,000 |
| Change of name | 10,000 |
| Registration of charges | 25,000 or 0.35% of the amount secured by the charge, whichever is higher |
| Memorandum of Satisfaction/Deed of Release | 25,000 |
| Annual Returns and other post-incorporation and miscellaneous filings | 5,000 each |
| Status Report/Good Standing | 5,000 |
| Voluntary Striking off | 25,000 |
| Same day post incorporation filing (in addition to filing fees) | 30,000 per filing |
| Relisting | 50,000 |
| Restriction of partner’s residential address | 30,000 |
| Certified True Copy of Documents/Extracts | 5,000 each |
Breakdown of CAC Filing Fees for Incorporation of Limited Partnerships (LP)
| Fee (NGN) | |
| Name Reservation | 500 |
| Name Reservation for Restricted Words | 5,000 |
| Change of name | 10,000 |
| Annual Returns of other post-incorporation and miscellaneous filings | 5,000 each |
| Registration and CTC of Registration Documents/Extracts | 15,000 |
| Status Report/Letter of Good Standing | 5,000 |
| Voluntary Striking-off | 25,000 |
| Same day post incorporation filing (in addition to filing fees) | 25,000 |
| Relisting | 25,000 |
| Restrictions for Partner’s Address | 25,000 |
| Certified True Copy of Documents | 5,000 each |
Breakdown of CAC Filing Fees for Incorporation of Business Name
| Fee (NGN) | |
| Name Reservation | 500 |
| Name Reservation for Restricted Words | 5,000 |
| Registration of CTC of Registration Documents | 10,000 |
| Change of Name | 10,000 |
| Annual Returns and other post incorporation and miscellaneous filings | 3,000 each |
| Status Report/Letter of Good Standing | 5,000 |
| Voluntary Striking-off | 10,000 |
| Same day post incorporation filing (in addition to filing fees) | 10,000 |
| Relisting | 25,000 |
| Restriction of Proprietor’s/Partner Residential Address | 25,000 |
| Certified True Copy of Documents/Extract | 5,000 each |
| Application for cessation | 10,000 |
Breakdown of CAC Filing Fees for Incorporation of Incorporated Trustees
| Reservation of Name | Fee(NGN)
5,000 |
| Registration and CTC of Registration Documents | 35,000 |
| Change of Name | 25,000 |
| Annual Returns and other post incorporation and miscellaneous filings | 5,000 each |
| Status Report/Letter of Good Standing | 5,000 |
| Historical Search Report (for companies that are ten years old and older) | 10,000 |
| Same day post incorporation filing (in addition to filing fees) | 25,000 |
| Restriction of Trustee’s residential address | 25,000 |
| Certified True Copy of Documents/Extract | 5,000 each |
| Notice of Dissolution | 20,000 |