| LLC | PLC | Branch Office | Rep Office | |
|---|---|---|---|---|
| Local Name | 10 days | 15 days | 30 days | 30 days |
| Company Setup Time | 15 days | 15 days | 15 days | 15 days |
| Bank Account Opening | Yes | Yes | No | No |
| Government Grants Available | Yes | Yes | No | No |
| Government Contracts Bidding | No | No | No | No |
| Legal Liability | No | No | No | No |
| Inquiry | Inquiry | Inquiry | Inquiry |
Corporate Structure Explained
Nigeria limited liability company (LLC)
- Foreign investors willing to start their business in Nigeria may opt to start a fully owned limited liability company (LLC) with at least two shareholders and two directors who may be local or foreign residents.
Nigeria Free Zone Company
- Nigerian Free Zone companies provide an opportunity for foreign investors to import and export products from Nigeria with tax benefits on valued added taxes and custom tariffs.