CAC Business Name Registration Fee Just Increased to ₦20,000: What You Need to Know
So, someone just registered a business name at CAC and it’s no longer ₦10,000. It’s now ₦20,000. Yeah, you read that right. The fee has doubled. Recall, in our earlier post, it was clear that the new CAC fee increases were not to affect Business Name and Company Registration in Nigeria. Today, we confirmed that […]
SMEDAN vs Qrafteq: Which Business Registration Route is Right for You?
SMEDAN free Business Name registration has been launched. However, lately, we’ve been getting this question a lot: “If SMEDAN is offering free business name registration in partnership with CAC, why should I still pay Qrafteq to do it for me?” It’s a fair question. Times are tough, entrepreneurs are watching every naira, and “free” always […]
Free CAC Registration Is Just the Beginning, Here’s 4 Things Smart Entrepreneurs Would Do Next
Take this quick question seriously. What happens after you finally register your business name? If your answer is “customers will start rolling in” … then I’m sorry to break it to you: that’s not how it works. Yes, the Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have […]
CAC Annual Returns: Penalties, Costs & How to Avoid Company Strike-Off in Nigeria
Every Nigerian entrepreneur knows this story: You register a company with CAC, maybe open a corporate account, handle a few transactions, then business shifts. Life happens. That company sits there, forgotten. Three years later, someone mentions your company shows as “inactive” on CAC’s register. Suddenly, panic sets in, and the CAC Annual Returns suffers. Here’s […]
How to Calculate Your CAC Fees in 2025: Practical Guide
If you’re trying to figure out exactly how much CAC will charge you for a business registration or filing, you’re in the right place. This post cover everything about how to calculate your CAC fees in 2025. CAC fees aren’t always straightforward. Some are flat rates. Others scale with your share capital. A few depend […]
Does the New CAC Fee Increase Affect Business Name and Company Registration in Nigeria?
This must be address properly to answer common questions about the New CAC Fee Increase. Many questions have been asked, of all, this one seem to be the most commonly asked. Now, if you’ve heard about the Corporate Affairs Commission’s fee increases taking effect August 1, 2025, you’re probably wondering whether this impacts your plans […]
New CAC Fees 2025: Full List of Increased Prices (Effective October 1)
If you’re running a business in Nigeria or planning to register one soon, this update directly affects you. It’s the New CAC Fees 2025. The Corporate Affairs Commission (CAC) gazetted a new schedule of service fees on 29 May 2025 (Official Gazette No. 92, Vol. 112). These revised fees were initially billed to take effect […]
5 FIRS Audit Triggers Every Nigerian Business Must Avoid in 2025
Look, nobody wakes up thinking “Today would be a great day for an FIRS audit!” Yet every year, thousands of Nigerian business owners find themselves facing exactly this situation, wondering which FIRS audit triggers caught the attention of the Federal Inland Revenue Service. The truth is that most common FIRS audit triggers are completely avoidable […]
Top 10 Tax Deductions in Nigeria You’re Probably Missing Right Now
Tax season in Nigeria doesn’t have to drain your bank account. Many hardworking Nigerians are paying more tax than they should because they don’t know about the tax deductions in Nigeria that can legally reduce their tax bill. So, let’s say you’re a freelancer working with foreign clients, running a small business in Lagos, or […]
SCUML Registration in Nigeria: Requirements, Cost, Who Needs It & How to Apply
So you’ve registered your business with CAC, opened your business account, and maybe even started making sales. That’s fantastic! But if you think you’re done with regulatory requirements, you might be missing one important step that many Nigerian business owners overlook: SCUML registration. You don’t want to be like Chika, a real estate consultant in […]