Can a foreigner be a director in a Nigerian company?

Can a foreigner be a director in a Nigerian company?

December 25, 2019

Yes a foreigner can be a director in a Nigerian Company. Although there is no express provision for this in the Companies and Allied Matters Act 2004, the law also doesnot preclude a foreigner from being a director in a  Nigerian company. Consequently, a foreigner seeking to do business in Nigeria can be a director of a Nigerian company. However, a foreigner may not be a Managing Directorof a Nigerian company unless such foreigner has obtained the requisite work permit, specifically the Combined Expatriate Residence Permit and Aliens Card (CERPAC).

 

 

 

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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