In this article, we shall be explaining step by step approach to getting your company registered in Nigeria, even though you are not a Nigerian, and you might not be resident in Nigeria.

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Over the years, Nigeria has maintained its lead as the most populous black Nation in the world, with over 200 million population, and counting scattered in six geopolitical zones of the country.

Registration of Companies in Nigeria as a foreigner is permissible, but you must follow the due process, and get your company fully operational in Nigeria.

In Nigeria, the agency that supervises and regulates the registration of businesses and companies is called Corporate Affairs Commission.

The entire procedure of registration of businesses and companies in Nigeria is under their watch.

Categories of business you can register in Nigeria As a Foreigner– as a foreigner, you can register any business in Nigeria, so long you meet up with the requirements, and same is not outlawed in Nigeria.

The registration of companies in Nigeria, with foreign participation and management is conducted by cac accredited agents. In Nigeria, the list of persons capable of being accredited by corporate affairs commission, are legal practitioners, chartered accountants, chartered secretaries.

The Requirement for Registration of a local company in Nigeria with foreign participation/Management.

1.The proposed Company name

2.Local Business Address

3. Nature of business

4.Full Names of Shareholders

5.Full Names of Directors

6. Full Names of Secretary

7. Phone number ,email addess of shareholders

8. Foreign Residential Address of the shareholders and directors

9. Date of birth of directors and shareholders and secretary.

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10. Signature of directors, shareholders, and secretary

The minimum share capital, which is also the authorized share capital for foreign company under the management and ownership by foreigners is One hundred million Naira(100m).

The pricing for the registration is N3,000,000 but this fee is negotiable as well.

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