Business Law
Foreign Investor Benefits
Foreign Investor Benefits i. The shareholding of the company can be 100% foreign owned. ii. A non-Nigerian may invest and participate in the operation of any enterprise in Nigeria (See exemptions); iii. An enterprise, in which foreign participation is permitted, shall after its incorporation or registration, be registered with the NIPC; iv. The Nigerian registered company can apply for pioneer status where applicable and enjoy tax exemptions and other benefits. v. A foreign enterprise may buy the shares of […]
About Doing Business in Nigeria
FOREIGN COMPANY REGISTRATION IN NIGERIA Operations of Foreign Companies in Nigeria A foreigner may invest and participate in the operation of any enterprise in Nigeria, except in sectors explicitly excluded by law. However, to conduct business operations in Nigeria, a foreign company must incorporate or register the company as a Nigerian branch or subsidiary, which will act as a separate legal entity in Nigeria. Until the company is incorporated, it is prohibited from carrying on […]
Registering Businesses in Nigeria
Registering a business in Nigeria under the Companies and Allied Matters Act (CAMA) 2020 requires compliance with specific processes overseen by the Corporate Affairs Commission (CAC). While most businesses must register, exceptions exist, such as legal partnerships. Various business structures—Limited Liability Companies, Companies Limited by Guarantee, Sole Proprietorships, Incorporated Trustees, and Unlimited Liability Companies each have unique requirements. Investors must carefully follow the applicable rules to ensure compliance and successful operations in Nigeria.
TELECOMMUNICATION IN NIGERIA
Broadcasting and telecommunication has come a long way in Nigeria. Formally these services were considered social services in nature hence private companies were foreclosed from participation of any kind. This article will explore these procedures, conditions for grant, refusal, renewal and withdrawals of these licenses.