Expatriate Business Permit and Quota

Expatriate Business Permit and Quota in Nigeria are a set of regulations designed to govern the employment of foreign nationals by businesses operating within the country administered by the Ministry of Interior.

Expatriate Quota:

Expatriate Quota is a facility granted to deserving companies to enable them employ expatriate personnel with skills and competencies in areas where they are either in short supply or not available locally. It is granted for an initial period of between 2 to 3 years and has a lifespan of 10 years within which time the expatriates are expected to have transferred the requisite skills and technology to Nigerians in their employment in such a manner that will ultimately lead to the “Nigerianisation” of the positions they occupy.

The quota is valid for Two years, renewable biennially for two consecutive times, with a total lifespan of seven years. An Expatriate Quota is a document issued to companies to allow them to hire foreign employees with skills unavailable locally. it is a prerequisite for obtaining an expatriate business permit.

Expatriate Business Permit:

A Business Permit is a certificate granted to wholly foreign or joint venture companies intending to do business in Nigeria to enable them bring in investment and commence business activities in Nigeria. To qualify for the grant of a Business Permit the applicant company must have a minimum share capital of N10,000,000 and must demonstrate strong commitment to invest in Nigeria.