Application letter indicating interest to establish a zone and its location
Payment of US$1,000.00 or its Naira equivalent to NEPZA H/Q as application fee
Inspection of proposed site by NEPZA Officials
Once site is inspected and satisfactory, the Investor is expected to submit the following:
An unencumbered piece of land with Certificate of Occupancy;
Perimeter and topographic survey of the site;
Master Plan of the proposed site;
Environmental Impact Assessment Report;
Detailed Feasibility Study. Issues to be covered by the study should include amongst others:
Brief description of the project
Names and Resumes of the Promoter/Directors
Location and site of the Free Zone
Economic viability
Marketing strategy
Financial viability
Sources of funding
Project Development Plan
Meet other requirements as may be determined by NEPZA;
Any other information such as MOU or any agreement entered with other partners that will assist in the consideration of the project proposal;
Submit application with documents to NEPZA
Zone Licensing fee of US$200,000.00 upon declaration by Mr. President
Zone Management Company Registration fee of US$60,000.00
Procedures for obtaining Free Zone Enterprise License
Investors interested in locating in one of Nigeria 's Free Trade Zones are only required to follow a few simple steps:
Complete an application form which can be downloaded online or collect from the administration of the free zone or from NEPZA HQ in Abuja, with a non-refundable fee of US$500 or its Naira equivalent.
Submit completed application form to the Zone Administration or NEPZA Office in Abuja along with required Project Plan/Feasibility Study. Application will be reviewed and either approved or returned with observations within five (5) working days.
On approval of application, an Operating License (OPL) will be issued by the Free Zone Administration. Being licensed by the Authority constitutes registration and no further registration is required with the Corporate Affairs Commission (CAC). It is at this point that the Free Zone Administration will discuss your site location and assign or reserve a space for you.
Remit your investment capital through banks located in the zones which will in turn issue a Certificate of Capital Importation.
Prepare your building or warehouse space. Investors who are constructing their own buildings must submit four (4) copies of full architectural drawings for approval by Zone Management according to established building codes. Built-up spaces should not exceed 70% of the leased land, and construction should start within three (3) months after execution of agreement.
Move in and operate. Government has designed the process to be as streamlined and user friendly as possible. Some companies may have some additional procedure to follow such as obtaining permission for their foreign nationals and employees which can be done at the immigration desk offices in the free zones.
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