The Company Affairs Fee (CAC) has introduced a shift within the implementation date for its revised service charges, transferring it from September to October 1, 2025.
This got here because the second shift of the implementation of the worth hike introduced by the Fee in June this yr and earlier scheduled to be carried out from August fifteenth.
In line with a public discover issued by the Fee on Saturday, the choice was taken to permit extra time for the total stabilization of its new Firm Registration Portal (CRP).
A number of Nigerians, who wish to register new firms or file statutory paperwork have been complaining of glitches on the CAC portal.
Attaining seamless transition
The CAC acknowledged that the shift within the date of the brand new charge implementation displays its dedication to making sure a seamless and environment friendly transition for its prospects and stakeholders.
- The discover emphasised that the Fee’s precedence stays on optimizing the efficiency of the brand new registration platform earlier than introducing the revised expenses. The stabilization course of is predicted to be accomplished earlier than mid-September 2025.
- By deferring the rollout of the brand new charge regime, the Fee stated it goals to ship “optimum worth” and be certain that companies, buyers, and the broader public expertise a clean transition.
- The CAC added that it’s working in direction of constructing a extra clever, customer-centric registry aligned with world finest practices.
“The Fee sincerely appreciates the endurance, understanding and cooperation of our prospects and different stakeholders throughout this important part of transformation. We stay absolutely dedicated to constructing an clever, customer-centric Registry that meets world requirements,” the Fee acknowledged.
Asserting its first shift of the date from August 15 to September 1, the CAC had additionally cited its steady efforts to make sure the graceful operation of its upgraded Firm Registration Portal as the rationale.
It additionally famous that the shift was additionally in consideration of suggestions from prospects and stakeholders.
Backstory
CAC had in June introduced a assessment of its service charges, set to take impact from August 15, 2025.
The Fee stated the transfer was a part of ongoing efforts to enhance service supply, improve effectivity, and adapt to present financial situations. It cited rising operational prices and broader financial pressures as key causes for the adjustment.
In line with the CAC, the charge changes are important to take care of the tempo of its ongoing digital transformation and to proceed providing immediate, technology-driven providers to its customers.
It emphasised that the charge adjustments could be modest, aggressive, and aligned with its technique to strengthen the integrity of the Nigerian Company Registry and enhance investor confidence.
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