CAC Postpones Implementation of New Service Fees to 2025 for Seamless Transition
The Corporate Affairs Commission (CAC) in Nigeria has postponed the implementation of new service fees to October 1, 2025, shifting from the earlier scheduled date of August 15th. The decision to delay the fee hike was made to allow for the full stabilization of the new Company Registration Portal (CRP) following complaints of glitches from Nigerians trying to register new companies.
The CAC emphasized its commitment to ensuring a seamless transition for customers and stakeholders, prioritizing the optimization of the new registration platform and the introduction of revised charges aligned with global best practices. The commission aims to deliver value and a smooth experience for businesses, investors, and the public during the fee regime transition.
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