Nigeria - Get Tax Concession on Labour Intensive Mode of Production

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Procedure

Apply In-Person:

1. To Get Tax Concession on Labour Intensive Mode of Production in person, the applicant has to visit any nearest office of the Nigerian Investment Promotion Commission (NIPC) in his/her state of residence. The address and contact details can be found in the following link: address details
2. Submit a letter requesting to get Tax Concession on Labour Intensive Mode of Production to the relevant authority at the office.
3. After submission, your request letter along with the attached documents will be forwarded for further verifications.
4. Once all the internal processes are over, you will be notified with further instructions to follow in order to become a beneficiary.

Note:The concession rate is calculated in such a way that an industry employing 1,000 persons or more will enjoy 15 percent tax concession, while an industry employing 200 will enjoy 7 percent and those employing 100 will enjoy 6 percent and so on.

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Required Documents

Proof that automation is not more than one process in the course of production.

Office Locations & Contacts

Nigerian Investment Promotion Commission - Heade Office
Plot 1181 Aguiyi Ironsi Street
Maitama District
Abuja, Nigeria.
Tel: +234 (0)9 2900059
Tel: +234 (0)9 2900061
Email: [email protected]
Website:Link

Eligibility

Industries with high labour/capital ratio are eligible to apply for tax concessions.

Fees

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Validity

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e.g. Birth Certificate Valid Forever

Documents to Use

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Sample Documents

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Processing Time

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Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

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e.g. The state office holds birth records since january 1908.

Required Information

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e.g.
1. Date of Birth.
2. City or Country of Birth.

Need for the Document

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Information which might help

Industries with plants, equipment and machinery, which essentially are operated with minimal automation can benefit from the concession.

Other uses of the Document/Certificate

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e.g. Birth Certificate can be used as proof of identity.

External Links

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Others

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