Nigerian Business Registration Fees And Other Necessary Details

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Are you about to start or set up a company in Nigeria?

Find important details on basic company setup fees, registration details, change of name, dissolution fees and all necessary details you need to know before jumping into it or getting misguided below.

Part A

Fees to be paid for matters under Part A

ParticularsFees payable
1.Registration of Public Companies whose nominal share capital does not exceed N1,000,000.00 (One million naira)N20,000.00 (Twenty thousand)
2.Registration of Public Companies whose nominal share capital exceeds N1,000,000.00 (One million naira)N30,000.00 (Thirty thousand naira) and thereafter N20,000.00 (Twenty thousand naira) for every N1,000,000.00 (One million naira) or part thereof
3.Registration of Private Companies whose nominal share capital does not exceed N1,000,000.00 (One million naira)N10,000.00 (Ten thousand naira)
4.Registration of Private Companies whose nominal share capital exceeds N1,000,000.00 (One million naira)N10,000.00 (Ten thousand naira) and thereafter N10,000.00 (Ten thousand naira) for every N1,000,000.00 (One million naira) or part thereof
5.Registration of Charges where the amount does not exceed N1,000,000.00 (One million naira)N10,000.00 (Ten thousand naira)
6.Registration of Charges where the amount exceed N1,000,000.00 (One million naira)N10,000.00 (Ten thousand naira) and thereafter N10,000.00 (Ten thousand naira) for every N1,000,000.00 (One million naira) or part thereof
7.Registration of Increase in Share CapitalN10,000.00 (Ten thousand naira)
8.Registration of a Company not having a Share capitalN20,000.00 (Twenty thousand naira)
9.Filing of notice of exemption by foreign company nameN30,000 (Thirty thousand naira)
10.Re-instatement of Company nameN10,000.00 (Ten thousand naira)
11.Filling of Annual ReturnsN1,000.00 (One thousand naira)
12.Filing of Annual report by Foreign CompaniesN5,000 (Five thousand naira)
13.Filing of Statement of Affairs, Section 636N5,000 (Five thousand naira)
14.Filing of notice of Merger / AcquisitionN10,000 (Ten thousand naira)
15.Filing of Statutory declaration of solvencyN5,000 (Five thousand naira)
16.Registration of Appointment as a LiquidatorN5,000 (Five thousand naira)
17.Change of Company nameN10,000.00 (Ten thousand naira)
18Certified True Copy of Memorandum and Articles of AssociationN3,000.00 (Three thousand naira)
19.Certified True Copy of Certificate of IncorporationN6,000.00 (Six thousand naira)
20.Certified True Copy of forms CO2, CO6 and CO7  (Each)N2,000.00 (Two Thousand naira)
21.Certified True Copy of all other documentsN2,000.00 (Two thousand naira)
22.Alteration of Memorandum and Articles of AssociationN5,000.00 (Five thousand naira)
23.Deed of ReleaseN2,000.00 (Two thousand naira)
24.Changes in forms CO2 and CO7N2,000.00 (Two thousand naira)
25.Company search per fileN1,000.00 (One thousand naira)
26.Penalties for late filing of other documents other than Increase in Share CapitalN2,000 ( Two thousand naira)
27.Penalties for late filing of Increase in Share CapitalN4,000.00 (Four thousand naira)
28.Miscellaneous (Filing of other documents)N500.00 (Five hundred naira)
29.A set of Company Incorporation formsN500.00 (Five hundred naira)
30.Availability formsN200.00 (Two hundred naira)
31.Single form e.g. CO2, CO6 and CO7 etcN100 (One hundred naira)
32.Same day Incorporation excluding filing feesN50,000 (Fifty thousand naira)

 

Part B

Fees to be paid for matters under Part B

1.Registration of Business name formN250 (Two hundred and fifty naira)
2.Registration of Business nameN4,000.00 (Four thousand naira)
3.Change of nameN2,000.00 (Two thousand naira)
4.Business name searchN500.00 (Five hundred naira)
5.Change of PartnershipN1,000.00 (One thousand naira)
6.Change of AddressN1,000.00 (One thousand naira)
7.Certified True Copy of a Business name CertificateN1,000.00 (One thousand naira)

 

Part C

Fees to be paid for matters under Part C

1.Registration of Incorporated Trustees formN1,000.00 (One thousand naira)
2.Registration of Incorporated TrusteesN20,000.00 (Twenty thousand naira)
3.Change of nameN10,000.00 (Ten thousand naira)
4.Change of TrusteesN10,000.00 (Ten thousand naira)
5.Incorporated Trustees searchesN500.00 (Five hundred naira)
6.Certified True Copy of CertificateN5,000.00 (Five thousand naira)
7.Certified True Copy of all other documentsN1,000.00 (One thousand naira)
8.Filing of Annual ReturnsN1,000.00 (One thousand naira)
9.Filing of dissolution of TrusteesN1,000.00 (One thousand naira)

 

 




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