Conducting business meetings in the city of Lagos

12.12.2018

Conducting business meetings in the city of Lagos(the former capital of Nigeria with a population of more than 20 million).

For 25 years, Nigeria has created 34 free trade zones. The country is developing rapidly; it enables foreign companies to produce their products at the best conditions. A committee of free zones was organized, NEPZA is the link between the state and the investor. What does an investor get when deciding to place an enterprise in a free trade zone?

1. 100% no tax
2. “single window” - as soon as possible to obtain permits by the simplified procedure.
3. you get permission to sell 100% of industrial goods, assembly equipment, etc.
4. 100% protection of investor property and investments, repatriation of capital, profits, dividends.
5. logistical support for the transit of goods from the seaport in the free zones.