Corporate affairs commission fee for a new petrol station
A very specific question!
In Nigeria, the Corporate Affairs Commission (CAC) is responsible for registering businesses, including companies that operate petrol stations. The fee for registering a new petrol station with the CAC is as follows:
Company Registration Fee:
- For a private company limited by shares (PLC): N10,000 (approximately $27 USD)
- For a private company limited by guarantee (PLG): N10,000 (approximately $27 USD)
- For a public company limited by shares (PLC): N20,000 (approximately $54 USD)
Business Name Registration Fee:
- For a business name registration: N10,000 (approximately $27 USD)
Other Fees:
- Late filing fee (if the registration is filed late): N5,000 (approximately $14 USD) per day
- Search fee (if you want to search for existing business names or companies): N5,000 (approximately $14 USD)
Total Estimated Cost:
The total estimated cost for registering a new petrol station with the CAC would be:
- N20,000 (approximately $54 USD) for a private company limited by shares (PLC)
- N20,000 (approximately $54 USD) for a private company limited by guarantee (PLG)
- N40,000 (approximately $108 USD) for a public company limited by shares (PLC)
Please note that these fees are subject to change, and you should check with the CAC or a registered agent for the most up-to-date information. Additionally, there may be other fees and requirements associated with registering a petrol station in Nigeria, such as obtaining necessary permits and licenses from other government agencies.