Home » Business » Cost of Registering a Company in Nigeria

Cost of Registering a Company in Nigeria

by Thomasina Oseye
0 comments
Cost of Registering a Company in Nigeria

Here Is The Easy Money-Making Trick Everyone Is Talking About! Learn More Here!

Registering a company in Nigeria is an important step towards establishing a legal entity for your business. However, it is essential to understand the costs involved in the registration process to make informed decisions.

The cost of registering a company in Nigeria can vary depending on several factors, such as the type of company, the authorized share capital, and the professional fees involved.

Here is a breakdown of the typical costs you can expect:

  • Corporate Affairs Commission (CAC) Fees: The CAC is the government agency responsible for company registration in Nigeria. The fees for registering a company with the CAC range from ₦10,000 to ₦5,000,000, depending on the authorized share capital.
  • Professional Fees: You may need to engage the services of a lawyer or an accountant to assist with the registration process. The professional fees can vary, but they typically range from ₦50,000 to ₦200,000.
  • Stamp Duty: Stamp duty is a tax levied on certain legal documents, including company registration forms. The stamp duty fee is usually a small percentage of the authorized share capital and can range from ₦1,000 to ₦500,000.

It is important to note that these costs are estimates and can vary based on individual circumstances and any additional services required. It is advisable to consult with a professional or visit the CAC website for the most accurate and up-to-date information.

This article was updated 3 weeks ago

BEFORE YOU GO...

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright © – 2024 CIV DigiTech Media Ltd. All Rights Reserved