This guide provides a complete breakdown of CAC registration costs, hidden charges to avoid, and how to register your business at the best possible price.
For full process details, see our CAC registration in Nigeria guide.
What Determines CAC Registration Cost?
The total cost of CAC registration depends on several factors:
- Type of Registration: Business name, company, or NGO
- Share Capital: Applicable for companies
- Professional Fees: If you use an agent
- Special Approvals: Required for regulated industries
Cost of Business Name Registration in Nigeria
Business name registration is the most affordable option for small businesses and entrepreneurs.
- CAC Official Fee: ₦10,000 – ₦20,000
- Professional Fee: Varies depending on service provider
This covers name reservation, registration, and issuance of certificate.
See requirements here: CAC registration requirements
Cost of Company Registration in Nigeria
Company registration costs depend largely on the share capital of the business.
- Minimum Share Capital: ₦100,000 (standard for most businesses)
- CAC Filing Fee: Based on share capital
- Professional Fee: Depends on complexity
Industries such as oil & gas, travel agencies, and financial services may require higher share capital, which increases cost.
Cost of NGO (Incorporated Trustees) Registration
NGO registration is more expensive due to legal documentation and publication requirements.
- CAC Filing Fee: Higher than business name and company
- Newspaper Publication: Mandatory cost
- Professional Fee: Depends on documentation complexity
Hidden Costs to Watch Out For
Many business owners are surprised by additional costs during registration. Here are common ones:
- Multiple name rejections (extra reservation fees)
- Corrections or re-submissions
- Professional consultation fees
- Special regulatory approvals
Is CAC Registration Cheap or Expensive?
CAC registration is generally affordable, especially for business names. However, the total cost depends on how well the process is handled.
Mistakes can increase costs due to delays and repeated applications.
How to Reduce CAC Registration Cost
- Choose a unique name to avoid rejection
- Prepare all documents correctly
- Avoid unnecessary delays
- Use a reliable CAC agent to prevent errors
Should You Use a CAC Agent?
While you can register your business yourself, many people prefer using professionals to save time and avoid costly mistakes.
- Faster processing
- Accurate documentation
- Less stress
- Reduced risk of rejection
Quick Cost Summary
- Business Name: Lowest cost option
- Company: Moderate cost (depends on share capital)
- NGO: Highest cost due to documentation and publication
Start Your CAC Registration Today
Want to know the exact cost for your business? Contact us for a personalized quote and fast registration service.
Frequently Asked Questions
What is the cheapest CAC registration option?
Business name registration is the most affordable option.
Can I pay CAC fees in installments?
No, CAC fees are usually paid upfront.
Does CAC registration include tax registration?
Company registration automatically generates a TIN.
Disclaimer: We are independent CAC accredited agents and not affiliated with the Corporate Affairs Commission (CAC). Government fees are separate from professional service charges.
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