The Corporate Affairs Commission announced that service fees will increase from August 1, 2025, with some charges rising by 50%. The commission cited economic realities, rising operational costs, and stakeholder consultations as reasons. Name reservations remain N1,000 (standard) and N5,000 (restricted words). New fees affect company registration, business names, and post-incorporation services for all Nigerian businesses.……READ ORIGINAL & FULL CONTENT HERE...READ ORIGINAL & FULL CONTENT FROM SOURCE |
Significant Increases: Some CAC service fees are jumping 50% effective August 1, 2025
Economic Justification: The Commission blames the current economic climate and rising operational expenses
Stakeholder Consultation: Fee review followed extensive discussions with key business stakeholders
Digital Investment: Higher fees are intended to fund technology-driven service improvements and maintain registry integrity
Why do institutions tax opportunity creation during economic hardship? CAC’s 50% hikes reveal the counter-intuitive logic: when agencies need revenue, they levy charges on entrepreneurial activity itself.
The absurdity is systematic, making it more expensive to register businesses when Nigeria needs more enterprises. Rather than encouraging economic participation, regulatory bodies treat opportunity creation as a revenue source. Agencies claim “economic realities” while imposing their economic burden on those trying to build solutions.
For Nigerian entrepreneurs, this demonstrates how institutional survival takes priority over economic development, creating barriers precisely where bridges are needed……READ ORIGINAL & FULL CONTENT HERE
Sources: Business Post Nigeria, Leadership, Nigerian Eye, Tribune Online