Foreign Investor Benefits<\/b><\/p>\n
<\/p>\n
i. The shareholding of the company can be 100% foreign owned.<\/p>\n
ii. A non-Nigerian may invest and participate in the operation of any enterprise in Nigeria (See exemptions);<\/p>\n
iii. An enterprise, in which foreign participation is permitted, shall after its incorporation or registration, be registered with the NIPC;<\/p>\n
iv. The Nigerian registered company can apply for pioneer status where applicable and enjoy tax exemptions and other benefits.<\/p>\n
v. A foreign enterprise may buy the shares of any Nigerian enterprise in any convertible foreign currency.<\/p>\n
vi. A foreign investor in an approved enterprise is guaranteed unconditional transferability of funds through an authorised dealer, in freely convertible currency, be it: <\/p>\n
(a) dividends or profit (net of taxes) attributable to the investment;<\/p>\n
(b) payments in respect of loan servicing where a foreign loan has been obtained. <\/p>\n
<\/p>\n
vii. The remittance of proceeds (net of all taxes) and other obligations in the event of sale or liquidation of the enterprise or any interest attributable to the investment;<\/p>\n
Total repatriation of capital should the investor choose to relocate elsewhere. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"author":1,"featured_media":22,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-law"],"acf":[],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"thumbnail":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210-150x150.jpg",150,150,true],"medium":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210-300x300.jpg",300,300,true],"medium_large":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"large":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"1536x1536":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"2048x2048":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"azure-news-block-medium":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",470,470,false],"azure-news-banner":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false]},"uagb_author_info":{"display_name":"1st Attormeys","author_link":"https:\/\/1stattorneys.com\/articles\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"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…","rttpg_featured_image_url":{"full":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"landscape":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"portraits":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"thumbnail":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210-150x150.jpg",150,150,true],"medium":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210-300x300.jpg",300,300,true],"large":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"1536x1536":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"2048x2048":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false],"azure-news-block-medium":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",470,470,false],"azure-news-banner":["https:\/\/1stattorneys.com\/articles\/wp-content\/uploads\/2018\/11\/business-woman-2756210.jpg",500,500,false]},"rttpg_author":{"display_name":"1st Attormeys","author_link":"https:\/\/1stattorneys.com\/articles\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"Business Law<\/a>","rttpg_excerpt":"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. 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