How to Form a Company in Nigeria as a Non-Resident — 2026 Guide

Nigerian LLC registration via CAC (Corporate Affairs Commission) — a minimum 100% Nigerian directorship is not required, but at least one director must be a Nigerian resident. Minimum share capital: varies by sector (NGN 10M for most general companies, NGN 100M for companies with foreign participation technically required but rarely enforced for small businesses). Banking: Zenith Bank, GT Bank, Access Bank are the most internationally functional. Corporate tax: 30% (companies with turnover > NGN 25M). Common structure: UK Ltd or US LLC as main entity, Nigerian entity for local market presence.