Business Permit/ License & Expatriate Quota Registration

We explained Business Permit/ License & Expatriate Quota Registration requirements in Nigeria. Also, if you need the support service on Business Permit/ License & Expatriate Quota in Nigeria, feel free to contact Aziza Nigeria.

Business Permit/ License and Expatriate Quota in Nigeria are all issued by Nigerian Investment Promotion Commission (NIPC). NIPC was established by Nigerian Investment Promotion Act Chapter N117 Laws of the Federation of Nigeria 2004 to encourage, promote and co-ordinate investments in the Nigerian economy.

Expatriate Quota is for foreigners who want to embark on a voyage to Nigeria and work, do business or take over a business. Subsequent to a successful application of the expatriate quota in Nigeria, the foreigner becomes certified and eligible to carry on with work or business in Nigeria.

Read: Business / Company Registration Service in Nigeria

One:  Register your business with Corporate Affairs Commission (CAC) in Nigeria. This can be done online but physical presence of the promoter is required to complete the registration.

Two: Register the company with Nigerian Investment Promotion Commission (NIPC) to receive a Business Permit to operate in Nigeria as a non-Nigerian citizen or with foreign participation. Where foreign staff will be part of the workforce, Expatriate Quota permit is required before commencing operations in Nigeria.

Business Permit Requirements

  1. Purchase NIPC form I for N10,000.00. Completed form submitted with original receipt.
  2. Certificate of Incorporation.
  3. A minimum share capital holding in the joint venture.
  4. Details of share holding in the joint venture.
  5. Joint venture/partnership Agreement where applicable.
  6. Memorandum and Articles of Association.
  7. CAC’s Form CO2 and CO7 duly certified.
  8. Evidence of capital importation for wholly foreign companies.
  9. Approval from the appropriate professional bodies where applicable.

Read: How to obtain Company Tax Clearance Certificate

Expatriate Quota Certificate in Nigeria

Expatriate Quota is for foreigners who want to embark on a voyage to Nigeria and work, do business or take over a business. Subsequent to a successful application of the expatriate quota in Nigeria, the foreigner becomes certified and eligible to carry on with work or business in Nigeria.

THERE ARE TWO TYPES OF EXPATRIATE QUOTA IN NIGERIA

The expatriate quota is categorized into two different types. Each type of Expatriate quota to be applied for depends largely on the nature, relevance and duration of the position to be held by the expatriate.

TEMPORARY EXPATRIATE QUOTA:
This type of expatriate quota is given for the purpose of positions to be occupied by the foreigner for a short period of time.

PERMANENT UNTIL REVIEWED (PUR):
This is granted to companies to enable foreign employees, such as managing director owners of the business to work in Nigeria. As the name implies the expatriate quota is usually for a longer period of time to be reviewed at a much father date.

Read: Business Permits & Certificates In Nigerian Oil & Gas

Read: Nigerian

Expatriate Quota Certificate Requirements

  1. Completed Immigration Form T/1
  2. Certificate of Incorporation
  3. Minimum Share Capital Requirement – N10million
  4. Memorandum and Article of Association
  5. Joint Ventures and Partnership Agreements( where necessary)
  6. Company’s current Tax Clearance Certificate
  7. Evidence of imported machinery such as Form M, Proforma invoice, Shipping documents and Clean Certificate of Inspection issued by Government appointed Pre-shipping Inspection Agent.
  8. License or Permit or Certificate from relevant Government Agencies for the operation or execution of project for companies that are engaging in oil services, health care services, fishing, mining, constructions etc.
  9. Evidence of work at hand, its duration and value attached to the contract(s) if the company is engaged in building, civil engineer4ing, construction etc. (originals are to be presented for sighting)
  10. Proposed annual salaries to be paid to the expatriates to be recruited. Names, designations, job descriptions and qualifications must also be indicated.

Read: Nigerian Local Content Registration

For Expatriate Quota Renewal

  1. Completed Immigration Form T/2
  2. Corporate Tax Clearance Certificate (original to be presented for sighting)
  3. Current Tax Clearance Certificate of the expatriates (originals are to be presented for sighting)
  4. Expatriate Quota Returns for the three months preceding the date of approval
  5. Detailed Training programmer for Nigerians
  6. List of Nigerians understudying expatriate on prescribed format showing date employed, qualifications etc.
  7. List of Nigerian Senior/Management staff showing names, designations, qualifications, salaries per annum,
  8. Certified Current Audited Accounts
  9. Annual Income Tax clearance Certificate of the Expatriate staff (original to be presented for sighting)

Conclusion:
Eligible persons and firms can apply for Expatriate Quota and Business Permit in Nigeria from NIPC.

Contact us for Registration Support.
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Call: +234 8033 185 898

Business Permit/ License & Expatriate Quota Registration

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