CAN A FOREIGNER OPEN A BUSINESS IN NIGERIA?
If you are wondering whether a foreigner can register a company in Nigeria, the answer is yes. In accordance with the provision of section 18(1) of the Companies and Allied Matters Act, 2020 (“CAMA”), any two or more persons may form and incorporate a company in Nigeria. Also, Section 20(4) of CAMA provides that a foreigner or aliens (including a foreign company) may join in the formation of a company in Nigeria. The foregoing sections imply that both Nigerians and foreigners are allowed to register a company in Nigeria provided that he or she meets the following conditions: Please note … Continue reading CAN A FOREIGNER OPEN A BUSINESS IN NIGERIA?
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