I explained the Cost of Business Permit in Nigeria. Other information you will get also is, how to obtain business permit(s) and Expatriate Quota Certificate to work in Nigeria as a foreign citizen. I also clarify issues that confuse people in getting the right business permit(s) with right category where such exist.
As at the time of publishing this articles, below are fees and requirements to obtain BUSINESS PERMIT and EXPATRIATE QUOTA in Nigeria.
Grant of Business Permit/NIPC Registration Requirements
Grant of Business Permit/NIPC Registration Requirements
i. Formal application letter to Executive Secretary, NIPC
ii. Minimum Share Capital Requirement – N10Million
iii. Duly completed NIPC Form 1
iv. Certificate of Incorporation of the company
v. CAC’s Forms CO2 (particulars of shareholders) and CO7 (particulars of Directors)
vi. Memorandum and Articles of Association of the company
vii. Tax Clearance Certificate or certificate in lieu of tax clearance
viii. Certificate of Capital Importation
ix. Evidence of acquisition of Business Premises (Tenancy or Lease Agreement)
x. Feasibility Report, if any
Read: How to obtain Business Permit in Nigeria
Cost/ Fees for NIPC Business Permit Registration
i. NIPC Form 1 – N25,000
ii. Collection of Business Permit Certificate – N25,000
Expatriate Quota Registration Requirements in Nigeria
i. Formal application letter to Executive Secretary
ii. Minimum Share Capital Requirement – N10million
iii. Duly completed NIPC Form 1
iv. Certificate of Incorporation
v. CAC’s Forms CO2 and CO7
vi. Memorandum and Articles of Association
vii. Tax clearance Certificate
viii. Certificate of Capital Importation
ix. Evidence of acquisition of business Premises (Tenancy or Lease Agreement)
x. Feasibility Report
xi. Technical Service Agreement
xii. Evidence that personnel required is not likely to be available in Nigeria
xiii. Training Programme for Nigerians
xiv. Schedule of names, address, qualifications and positions to be occupied by expatriate.
Read: How to obtain Expatriate Quota in Nigeria
Fees/ Cost Expatriate Quota Registration in Nigeria
i. Processing fees – N25,000
ii. Payment for each quota position approved – N10,000
For New and Renewal of Expatriate Quota Approval Certificate full Required Documents
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