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REQUIREMENTS FOR REGISTRATION OF SHIPPING COMPANIES IN NIGERIA

Step by step guide on the registration of shipping companies in Nigeria.

CHAMAN LAW FIRM

5/11/20241 min read

The registration process typically involves the following steps:

1. Business Name Registration: Choose a suitable business name and register it with the Corporate Affairs Commission (CAC) in Nigeria.

2. Incorporation: After registering the business name, you can proceed to incorporate the company with the CAC. This involves submitting the necessary incorporation documents, such as the Memorandum and Articles of Association.

3. Tax Identification Number (TIN): Obtain a Tax Identification Number from the Federal Inland Revenue Service (FIRS) in Nigeria.

4. Maritime Safety and Security: Comply with the maritime safety and security regulations set by the Nigerian Maritime Administration and Safety Agency (NIMASA)

5. Licensing: Obtain the necessary licenses and permits from relevant authorities, including NIMASA and the Nigerian Ports Authority (NPA).

6. Local Content Requirements: Comply with any local content requirements if applicable.

Please note that these are general guidelines, and the specific requirements may vary based on the type of shipping company and other factors. For the most up-to-date and accurate information, it is recommended that you contact the relevant authorities or seeking legal advice in Nigeria