CAC Postpones New Portal Fees to September 1 Amid Technical Glitches
CAC Gives Businesses Extra Month to Adapt to New Portal The Corporate Affairs Commission (CAC) has postponed its new fee structure on the upgraded business registration portal by one month, shifting the enforcement date from August 1 to September 1, 2025. The delay follows widespread complaints from users struggling with:⚠️ Document download failures⚠️ Payment processing errors⚠️ Post-incorporation filing issues⚠️ Upload difficulties Why the Postponement? 🔹 User Feedback: Businesses reported operational hurdles on the new AI-powered portal.🔹 Technical Fixes Needed: CAC working with partners to stabilize the system without a full shutdown.🔹 Stakeholder Relief: Avoids penalizing companies during the transition phase. "We appreciate your patience," the CAC stated, acknowledging the challenges. What Was Supposed to Change on August 1? 📌 New fees for delayed document downloads (after 7-day free window)📌 Penalties for late filings📌 Streamlined digital processing Key Concerns from Businesses • Small enterprises fear added costs from technical hiccups.• Legal practitioners report workflow disruptions.• Startups worry about compliance delays. What’s Next? 🔹 CAC’s deadline: September 1, 2025, for full fee […]