A foreigner who intends to work in Nigeria must obtain a work permit which is known as the Combined Expatriate Residence Permit and Aliens Card (CERPAC) in Nigeria. A foreigner who wishes to obtain a CERPAC must be employed by a company that is registered in Nigeria. Such a company is entitled to obtain an Expatriate Quota and Business permit from the Ministry of Interiors provided it maintains a minimum of N10 Million share capital. The steps involved in obtaining a work permit in Nigeria are as follows: Requirements for processing application for Subject To Regularisation (STR) Visa are as follows: A valid Passport with at least six (6) months validity Evidence of Expatriate Quota Approval for the Applicant’s Employer A Letter of Employment The curriculum vita...
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A Nominee is a person who holds assets on behalf of another person but who does not have any beneficial interest in the assets. A nominee can also be described as an agent and is nominated in that capacity for the interest of the appointer (principal). The necessity for the appointment of nominees arises for diverse reasons some of which includes legal requirements, the protection of the details and privacy of the principal, as a business strategy, inability of the principal to be physically present, utilising the expertise of the nominee, etc. Nominee services in Nigeria came into existence to bridge the gap and provide reliable and qualified individuals to hold assets for the benefit of the principal. Apart from holding assets or act on behalf of the appointor, nominees also help to ...
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