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Setting-up a PE Fund


                                   Structure Considerations – Limited Liability Company





                                         Limited liability company                                              Considerations for


                                         ▪      Incorporate company at the                                      foreign shareholders

                                                Corporate Affairs Commission                                   ▪      Foreign investment approvals
                                                (CAC)                                                                 (business permit, NIPC


                                         Issues to consider                                                           registration, etc.)

                                         ▪      Number of shareholders (over                                   ▪       Require Certificates of

                                                50 register as public                                                 Capital Importation (CCIs) as

                                                company)                                                              evidence of capital

                                         ▪      Non-Nigerian nationals as                                             importation for investment

                                                partners                                                              and for access to the official

                                         ▪      Tax                                                                   FX market for repatriation
                                                                                                               ▪       Tax











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