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An export license is a one of the permits needed to carry on export business in Nigeria. In Nigeria, there are two agencies responsible for the issuance of export license namely the Nigerian Export Promotion Council (NEPC) that is in charge of issuing export license for agricultural commodities and manufactured goods.
The benefits of obtaining the exporter’s certificate is that it paves way to access certain trade support services such as export incentives, export capacity building programmes, networking exporters for collaboration and exchange ideas and trade linkages.
Requirements
There are certain documents required from NEPC in the course of E-Registration and the documentation required is dependent on the type of organization;
Where the organization is a limited liability company, the documents required are as follows:
- Certificate of Incorporation issued by the Corporate Affairs Commission (CAC)
- Certified True Copy of Memorandum and Articles of Association
- Certified True Copy of Form CAC1.1- Particulars of Directors (Section C)
Where the organization is a co-operative society, the following documents are required:
- Certificate of Registration issued by State Ministry of Commerce, Local Governments and Federal Capital Territory Area Councils
- Bye Laws of the Society
In the instance where the organization is either government or non- government, the following documents are required:
- Certificate of Registration issued by Corporate Affairs Commission
- Constitution of the Organization
- Memorandum for Guidance of Applicant
Export License Registration Process
The process for obtaining an Export License starts with registering on the NEPC E-registration platform and uploading relevant documents. Invoice is then generated and once payment is made the certificate is typically issued within 72hours of payment except queried for missing or wrong information. The cost of an export certificate is dependent on whether the application is fresh or a renewal and the certificate is valid for an initial two years, after which it becomes renewable for a period of one year annually. Physical collection of certificates have been discontinued and exporters no longer need to visit NEPC to pickup hard copy but instead are required to print e-certificate for their records
Conclusion
In conclusion, to successively carry out an export business, such individual/organization needs to obtain an export certificate issued by NEPC and is advisable to consult the help of a professional for proper advice and to make the process easier.