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Nigeria × Corporate & Entity Services

Corporate & Entity Services in Nigeria

Setting up companies abroad, and keeping them in good standing. In Nigeria, that means local law, local regulators and local practice, handled by a qualified professional who practises there.

Who handles this work

On request

WONE Global can find the right Corporate & Entity Services professional in Nigeria for you.

No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.

Bring a requirement →
Nigeria at a glanceAfrica

Lagos · Tuesday 3 November

21:01

Local time

Currency
NGN
Working week
Monday – Friday
Dialling code
+234
Region
Africa
Doing business in Nigeria →

What the rules say in Nigeria

Corporate & Entity Services, the essentials

From the Nigeria market guide: the points that matter most for corporate & entity services, each with the source it was checked against.

Essentials guide · Source-checked research100% of statements checked against a source38 checked against an official source0 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed

  • Two or more persons may form a company, and a single person may form a private company.

    Companies and Allied Matters Act (CAMA) 2020.Nigerian Investment Promotion Commission (NIPC) · checked 2026-10-19
  • The minimum issued share capital is N100,000 for a private company and N2,000,000 for a public company.

    General CAMA minimum; higher amounts apply to companies with foreign participation and to regulated sectors.Nigerian Investment Promotion Commission (NIPC) · checked 2026-10-19
  • CAC's checklist states that the minimum share capital for a company with foreign participation is N10,000,000.

    Companies with any foreign shareholding.Corporate Affairs Commission (CAC) · checked 2026-10-19
  • The NIPC Act permits foreign ownership of any enterprise, up to 100 percent, except for a negative list covering arms and ammunition, narcotics, military and paramilitary wear and items added by the Federal Executive Council.

    Sector regulators may impose their own ownership limits.Nigerian Investment Promotion Commission (NIPC) · checked 2026-10-19
  • Companies must notify CAC of persons with significant control, meaning anyone holding directly or indirectly at least 5 percent of shares or voting rights, able to appoint or remove a majority of directors, or otherwise exercising significant influence or control.

    Filed on Form CAC-PSC 01, with changes on Form CAC-PSC 02.Corporate Affairs Commission (CAC) · checked 2026-10-19
  • Every taxable person must register with the relevant tax authority and obtain a Taxpayer Identification number (Tax ID), which is also a condition for contracts with government ministries, departments and agencies.

    Nigeria Revenue Service (NRS) · checked 2026-10-19

Read the full guide: Entry, investment and company formation

Scope

What the service covers here

  1. 01Choose the appropriate legal presence
  2. 02Form or register the required entity
  3. 03Put governance and statutory records in place
  4. 04Maintain ongoing corporate compliance

Key questions

What we will work through with you

  • What needs to be decided before corporate & entity services work starts?
  • Who is professionally responsible in each country?
  • Which other work, such as tax or employment, must happen at the same time?
  • What information and decisions are needed from the business?

If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.

WONE Global Intelligence

Ask about corporate & entity services in Nigeria

Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.

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