How to apply for expatriate quota and business permit in Nigeria

How to apply for expatriate quota and business permit in Nigeria

February 22, 2024

Expatriate Quota

This is an approval granted to registered firms or organizations to employ the services of expatriates for the purpose of training or enhancing the skills of Nigerians during the period of employment.

There are two categories for expatriate quota, namely; Temporary EQ which is an approval for a short period of time for foreign employees while Permanent until reviewed (PUR) is given for a longer period of time to foreign employees who work in Nigeria.

The federal ministry of Interior is in charge of issuing expatriate quota on behalf of the Federal government of Nigeria.

An expatriate quota is granted for an initial period of three years, and will have to be renewed thereafter.

Business Permit

This is the consent given by the government to a foreigner or foreign entity to carry on business in Nigeria.

Generally, one can process the business permit and expatriate quota simultaneously as the requirements are almost the same. Below are the documents to be submitted to the Federal ministry of interior for approval:

DOCUMENTS REQUIRED FOR EXPATRIATE QUOTA

  • Incorporation documents
  • Business Permit (not applicable to companies with 100% indigenous ownership)
  • Current Tax Clearance Certificate
  • Lease Agreement or Certificate of Occupancy in respect of business premises Feasibility Study Report
  • Evidence of Imported Machinery
  • License/Permit/Certificate from relevant government agencies where the company is engaged in oil services, health services, fishing, mining or Construction.
  • Evidence of work at hand and value attached to the contract(s) if the company is engaged in building, civil, engineering, construction.
  • Proposed annual salaries to be paid to the expatriates to be employed indicating their job designations, names, and qualifications.
  • Detailed Training Programs for Nigerian understudies.
  • Certificate of Capital Importation (not applicable to companies with 100% indigenous equity holding).
  • Bank Reference Letter
  • Completed Immigration Form T1
  • Evidence of online registration with the Federal Ministry of Interior.
  • Letter of No Objection from the Nigerian Content Monitoring Board for companies operating in the oil and gas sector.

DOCUMENTS REQUIRED FOR BUSINESS PERMIT

The following are the documents required:

  • Memorandum and articles of association;
  • Current Tax Clearance Certificate (TCC);
  • Certificate of Incorporation; · Partnership/joint venture agreement (if applicable);
  • Shareholding of the company
  • Licenses/approvals from relevant professional bodies.
  • Certificate of Capital Importation along with a covering letter from the bank (where applicable)
  • Evidence of importation of equipment/machinery with details of the value or Form M.
  • Data page of international passport of directors/National identity card
  • Bank statement

 

Team 618 Bees

 

618 Bees can quickly and easily help you apply and obtain a business permit and expatriate quota for your company’s foreign employees. Log on to our website www.618bees.com or email hello@618bees.com, or give us a call on +2349017190079/08080819653. 618 Bees will complete your application with the Ministry of Interior and any other relevant compliance agency.

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

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    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.

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