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 […]<\/p>\n","protected":false},"author":1,"featured_media":22,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-law"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t