THE NEW NIGERIA TAX LAW, FREE TRADE ZONE AND START YOUR BUSINESS.

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WITH THE NEW TAX LAW, through FOREIGN DIRECT INVESTMENT SCHEME; AS INVESTOR, ENTREPRENEUR, DOING BUSINESS WITHIN NIGERIA FREE TRADE ZONES:

You have right, to do business in Nigeria without paying tax in return, as a result you make more profit.

You can now do business in Nigeria without paying tax in return, as a result you make more money per your investment.

You have your company formation with only 100 percent foreign shareholder/ nationals, as a result you get absolute control of your business, shares and shareholders.

You are permitted to change your business visa, temporary work visit, str visa to permanent residence, as a result you become a dual citizen.

Make 100 percent return per investment in Nigeria…

To Take Advantage Of This New Opportunity

You have to operate within the free trade zone.

When you operate within the free trade zone,

you have no limit to expatriate quota within Nigeria.

you excempted to any of Nigeria/ local tax law.

you entitled to 100 percent repatriation of your foreign capital investment at any time to include your capital appreciation. Also offshore remittance of your profits and dividends.

you are entitled to 100 percent of your products be sold in customs territory against valid permit.

no import or export licences required

no strikes and lock-outs for years after commencement of operations.

all goods produced in the zones are not subject to quotas in EU and US markets….Nigeria is party to bilateral investment treaties with 21 countries.

entitled to customs duty excemption.

REVIEW THE DOCUMENT FOR MORE DETAILS.

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Published In: Administrative Agency Updates, Business Organization Updates, Immigration Updates, International Trade Updates, Government Contracting Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Pere Anthony Ariaye | Attorney Advertising

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