Exporting Agric Products to China
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The process of exporting agricultural products is a delicate one, although it holds a lot of promise if done properly. You will need to register your business with the Corporate Affairs Commission as well as with the Nigerian Export Promotion Council and with the Nigerian Custom Service. These are the basic requirements you need. Your products must also be of export quality,as anything short of this may lead to your goods being rejected
This would have been very easy if you specify the kinds of products. But anyway, let me tell you some things.
Though the exportation business in Nigeria is very profitable, it’s its own fair proportion of challenges. And one in every of the most important challenges Nigerian exporters face is; not absolutely knowing the foundations and rules binding the business in Nigeria still because the legal necessities for beginning and running the business. This alone has landed several exporters in serious legal troubles.
Here are legal necessities and things you must know before you start exportation.
1. A singular business name
One of the primary steps you want to take once beginning out as associate degree business person in Nigeria is to register the name of your export business with the Corporate Affairs Commissions (CAC)
2. A registered workplace
As with alternative businesses, each export business in Nigeria should have a registered workplace, or a minimum of AN ‘office address’. So, the govt. is interested a lot of in you having associate degree address for your business than having associate degree workplace structure
3. A minimum of 2 administrators and 2 shareholders
If you’re beginning your export business as an organization (limited or unlimited) instead of a sole ownership or partnership, then you want to have a minimum of 2 administrators and 2 shareholders (maximum of 50) at on every occasion. However, this demand won’t apply to you if you’ll be running your export business on your own (sole proprietorship) or would be committed a business partner (partnership).
4. Registration with the NEXP
The Nigerian agency rules that anyone willing to interact in export business should register with the Nigerian Export Promotion Council. This Council was created to boost and encourage exportation of commodities aside from oil with the last word aim of generating national revenue through various means that. Registering with the Nigerian Export Promotion Council is currently easier than ever. simply visit the Council’s web site (www.nepc.gov.ng) and click on the ‘Register here’ link on the right sidebar. you’ll be shown the complete details of the procedure and necessities.
5. Special licenses and permits
As with the other business, beginning AN export business in Nigeria needs getting licenses and permits that indicate the government’s approval of your business. There are licenses and permits for doing business in Nigeria. And there are some specifically for operational an export business.
6. Licenses from target foreign country
Virtually all countries need that companies going to sell their product or commodities to their citizens should acquire sure licenses and certifications. So, you’ll ought to decide a lot of concerning the necessities for any country you wish to sell your product in.
However, you want to bear in mind that getting a number of these licenses need review of the product you plan to sell within the target foreign country. And you’ll be granted permission to sell them providing they meet sure standards as set by the govt. of that country.
Certificate of incorporation.
If you need any more explanation, let me know below.