There are three different types of Corporate Affairs Commission (CAC) name reservation
- Business name (sole proprietorship)
- Limited liability
- Incorporated trustees.
Their fees
- Business name/ enterprise
CAC = 500, Remita charge 163.94
Total = 663.94
- Limited liability
CAC = 500, Remita charge 163.94
Total = 663.94
- Incorporated trustees
CAC 5,000, remita 250
Total = 5,250 naira
Approval duration
They all take 24-48 hours
Expiry date
60 days. i.e 3 months after name reservation approval.
Denied
CAC has the right to deny your proposed names. When your proposed names are denied, CAC doesn’t refund.
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