Overview Of Import And Export Procedures In Nigeria

Importation is a business operation that involves acquiring commercial consumable goods and products from another country into Nigeria while exportation is simply the outflow of goods and products from Nigeria into other countries for commercial purposes. The procedures for import and export are governed by various laws and regulations made by different government agencies responsible for import and export operations in Nigeria.

Procedure for Importation

There are certain requirements required to be complied with by any importer before carrying importing goods into Nigeria. Most times, the steps toward importation commence with the importer duly register a company with the Corporate Affairs Commission (CAC). The importer is also expected to register and open a tax file with the nearest branch of the Federal Inland Revenue Service (FIRS). Tax Identification Number will be issued to the importer with a valid email address attached to it.