{"id":1433,"date":"2024-03-20T21:43:14","date_gmt":"2024-03-20T21:43:14","guid":{"rendered":"https:\/\/kaninvest.kn.gov.ng\/?page_id=1433"},"modified":"2024-03-22T03:45:34","modified_gmt":"2024-03-22T03:45:34","slug":"business-registration","status":"publish","type":"page","link":"https:\/\/kaninvest.kn.gov.ng\/?page_id=1433","title":{"rendered":"Business Registration"},"content":{"rendered":"

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Business Registration<\/h1>\n

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How To Register A Foreign Company In Nigeria<\/b><\/h2>\n

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Foreign company registration in Nigeria is the main option a foreign entity\/company can acquire a separate legal entity in Nigeria and legitimately carry on business. A foreign company may open for business as a secondary establishment, such as a representative office, agency, branch, or subsidiary in Nigeria. However, such a company must fulfill certain legal requirements necessary to obtain local incorporation of the Nigerian subsidiary as a separate legal entity before starting any business.<\/span><\/p>\n

The law governing the incorporation of companies in Nigeria Companies and Allied Matters ct (CAMA) 2020 and the government agency in charge of incorporation is the Corporate Affairs Commission (CAC).<\/span><\/p>\n

In the same vein, every foreign individual seeking to engage in any form of business in Nigeria must also incorporate a company and meet other requirements to set up a business in Nigeria as stipulated by requisite laws.<\/span><\/p>\n

A foreign company or foreign national may not carry on business in Nigeria or exercise any of the powers of a registered company until so incorporated.<\/span><\/p>\n

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STEPS AND REQUIREMENTS FOR A FOREIGNER TO CARRY ON BUSINESS IN NIGERIA<\/span><\/h2>\n

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 <\/p>\n

    \n
  1. Company registration with CAC following the CAMA<\/span><\/li>\n
  2. Registration with the Nigerian Investment Promotion Commission (NIPC)<\/span><\/li>\n
  3. Tax registration and the nearby tax office to the registered address<\/span><\/li>\n
  4. Obtainment of Nigerian Business Permit & Expatriate Quotas where an expatriate will be coming to work in Nigeria or acquire Nigerian residency status.<\/span><\/li>\n
  5. Obtaining a residence permit, otherwise known as the Combined Expatriate Residence Permit and Aliens Card (CERPAC), where an expatriate will be coming to Nigeria to work or become a signatory to a Nigerian bank account.<\/span><\/li>\n
  6. Obtainment of an export certificate in case the registered company intends to export goods or raw materials out of Nigeria.<\/span><\/li>\n
  7. Obtainment of requisite business license where the company intends to engage in a specialized sector that requires a government agency\u2019s approval or permit.<\/span><\/li>\n<\/ol>\n

     <\/p>\n

    We have within KanInvest, a section called the One Stop Service Centre (OSSC) which hosts a specialist from the Registrar of Companies who will be in a position to facilitate this process for you.<\/span><\/p>\n

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    Business RegistrationHow To Register A Foreign Company In NigeriaForeign company registration in Nigeria is the main option a foreign entity\/company can acquire a separate legal entity in Nigeria and legitimately carry on business. A foreign company may open for business as a secondary establishment, such as a representative office, agency, branch, or subsidiary in Nigeria. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-1433","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=\/wp\/v2\/pages\/1433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1433"}],"version-history":[{"count":6,"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=\/wp\/v2\/pages\/1433\/revisions"}],"predecessor-version":[{"id":1467,"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=\/wp\/v2\/pages\/1433\/revisions\/1467"}],"wp:attachment":[{"href":"https:\/\/kaninvest.kn.gov.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}