What is the Pioneer Status Incentive?
Pioneer status is an incentive also referred to as “Tax Holiday” which is given by the government to a company granting the company tax relief for a number of years6. The Industrial Development Income Tax...
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What are the products/industries eligible for Pioneer Status Incentive in Nigeria?
Pioneer status incentive is a tax holiday given to companies for a period of time to encourage the growth and development of the Nigerian economy. A new company or an existing company with an expansion plan...
How to obtain a Value Added Service (VAS) license from the NCC
A Value Added Service License is a major requirement by Nigerian Communications Commission (NCC) for any business proffering value added services. Value added services are network based services other than...
How can a foreigner obtain Business Permit Licence in Nigeria?
The Immigration Act CAP 11 Laws of the Federation, 2004 in section 36 states that “No person other than a citizen of Nigeria shall accept the employment (not being with the Federal Government or state...
How to obtain a radio/TV license in Nigeria
A Broadcast License is a type of spectrum license granting a licensee permission to use a portion of the radio/TV spectrum frequency in a given geographical area for broadcasting purposes. The following are...
Advantages of SON registration in Nigeria
The Standard Organization (SON) of Nigeria is the body vested with the responsibility to make sure that products locally manufactured in Nigeria have the required level of satisfaction desired by the...
Difference between NAFDAC registration and SON registration
They are both acronyms that stand for different things. NAFDAC stands National Agency for Food and Drugs Administration and Control while SON stands for Standard Organisation of Nigeria. They are both...
What will constitute a breach of the Nigerian Data Protection Law?
The use of Data and the extent of Data abuse is becoming a sensitive topic in today’s technological world. Everyone wants to feel a sense of security when giving their data to a data processor. A data...
When do I need a Money Lender’s License?
To operate a money lending business in Nigeria one must have a Money Lenders License. However it is not everyone who lends money in Nigeria that is a Moneylender or that requires the Money Lenders License....
7 Advantages of Registering Your Copyright
The advantages of registering your copyright include the following: It protects the copyright holder from infringement: copyright infringement is common as people can steal your creations and pass it off as...
How to obtain a Sport Betting License in Lagos State
To obtain a Sport Betting License in Lagos state, one must channel an application to the Lagos State Lotteries board. The primary function of the Lagos State Lotteries board is regulation of all gaming...
Differences between a co-operative Society and an NGO/Foundation
Co-operative societies and Non-governmental organizations are often times mistaken to be one and the same, this is because they bear a lot of similarities. However there are a few striking differences which...
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