It is most prudent for a foreign corporation desirous of making direct investment in Nigeria to seek the advise and depend on the expertise of a competent law firm in order to successfully navigate the intricate web of laws and regulations applicable in this usually capital intensive area.
Be the intended area of investment in the oil and gas sector, power, telecommunications, aviation, banking, agriculture, commodities or general trade, our firm can guide and assist a potential investor with the crucial preliminary advice on the general, but vital, requirements of doing business in Nigeria.
It is obligatory to incorporate a Nigerian subsidiary of the foreign parent company as the corporate vehicle through which direct investment into Nigeria may be channeled. The incorporation shall entail the preparation and filing of incorporation papers at Nigeria’s Companies Affairs Commission. Once incorporated, such subsidiary shall be registered with the Nigerian Investment Promotion Commission [NIPC]. In order to, as it were, ‘midwife the birth’ of a foreign company in Nigeria, related matters such as procurement work permits; expatriate quotas, office and residential properties, shall be professionally handled by our firm.