Prescribed Fees at the One Stop Investment Centre (OSIC)

 

  1. GRANT OF BUSINESS REGISTRATION

 

SN SERVICES FEES
1 Registration of foreign investment Free
2 Business Permit application form

(NIPC Form 1)

Free
3 Issuance of Business Permit certificate N15,000

 

 

  1. GRANT OF PIONEER STATUS INCENTIVE

 

SN SERVICES FEES
 

1

 

NIPC Form 2

N40, 000.00
2 Processing fee N100, 000.00
3 Collection of Approval Letter N60, 000.00
4 Application of Pioneer Status Extension Free
5 Approval of Pioneer Extension N100, 000.00

 

# Formal application letter

 

  1. COMPANY INCORPORATION

 

SN SERVICES FEES
1 A set of company incorporation forms =N=500
2 Availability form =N=500
3 Registration of private Company/Increase in Share Capital  

The sum of =N=10,000 for the first =N=1m share capital or part thereof.

4 Registration of private company/Increase in Share Capital above =N=1million and up to =N=500m The sum of =N=7,500 for every =N=1m share capital or part thereof.
5 Registration of Public Company in Share Capital The sum of =N=20,000 for the first =N=1m share capital or part thereof.
6 Registration of Public Company/Increase in Share Capital above =N=1m and up to =N=500m The sum of =N=10,000 for every =N=1m share capital or part thereof.
7 Registration of Public Company/Increase in Share Capital above =N=500m The sum of =N=15,000 for every =N= share capital or part thereof.
8 Certified True Copy of Memorandum and Articles of Association N3,000.00
9 Certified True Copy of CO2, CO7,

and CO6

N2,000.00 each

 

 

  1. STAMP DUTY

N1.50 is charged for every N200.00 worth of Share Capital. A sum of N100.00 is also charged on each Memorandum and Articles of Association submitted for stamping. (N75,000.00 for company with 10 Million Naira Shares)

  1. FEES FOR EXPATRAITE QUOTA POSITIONS
S/No SERVICES FEES
1. Business Permit & Expatriate Quota: Processing N30,000.00
2. Automation Fee N51,000.00
3. Grant of Business Permit N100,000.00
4. Grant of Establishment Quota (per slot) N30,000.00
5. Renewal of Quota Position (per slot) N20,000.00
6. Additional Quota (per slot) N30,000.00
7. Stay of Action N10,000.00
8. Resignation/ Detagging N30,000.00
9. Appeal Processing Fee N20,000.00
10. Restoration of Lapsed Quota N65,000.00
11. Upgrading of Quota P.U.R (per slot) $10,300,00
12. Re-designation of P.U.R. slot (GM to MD or MD to

GM etc)

 

$10,300,00

13. De-tagging /Extension of Quota (per slot) N30,000.00
14. Revalidation of Lapsed Quota (per slot) N10,000.00
15 Penalty for late submission of renewal of private license N150,000.00

 

  1. FEES FOR IMMIGRATION SERVICES

 

S/NO CATEGORY FORM ISSUED CERPAC

1 YEAR

CERPAC

2 YEARS

1. Missionary CR $200 $400
2. Students CR $200 $400
3. Non ECOWAS

African Nationals

CR $200 N400
4. Cameroonians CR $240 $480
5. Others AO $350 $700

 

For further information please contact the Commission’s help desk on osicinfodesk@nipc.gov.ng OR Lovina Baboryat Kayode: lovina.kayode@nipc.gov.ng. Tel: 08092233488