Tag: Nigeria market entry

  • 20th August, 2021
  • < 1 min reading

Client Overview

Our client is a 100-year-old, £180M turnover company that applies the best of engineering and technology to help solve complex challenges. They do this for clients in a wide range of disciplines and sectors, both in the UK and around the world.

Today, they’re pushing established boundaries – searching for new, exciting and sustainable ways to solve the engineering challenges of the modern world.

 

Summary of Requested Service(s)

The client approached us for one of our market entry services to enter the Nigerian market. The Nigeria market entry involved ETK supporting them in setting up a subsidiary in Nigeria, registration of company, identifying office space, application for Tax Registration, opening a company bank account, marketing and market entry strategy.

 

Service Execution/Results

ETK commenced the Nigeria market entry service by supporting them in setting up a subsidiary in Nigeria. ETK engaged with local lawyers to provide legal advice before, during and after successfully setting up the company in Nigeria. We used an experienced accountant to advise on incorporation, business tax, payroll, VAT and repatriation of profits. Sourced suitable and secure office premises, implemented their office set up and worked on their marketing and market entry strategy, providing much needed market intelligence and partner identification. Created a launch plan and timetable to monitor and review progress, which has helped them hit the ground running.

ETK is currently working on growing the clients operations and brand across Africa and is proud to have been involved in the establishment of the subsidiary.