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Exportation Of Goods - Business - Nairaland

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Exportation Of Goods by elyonchee(f): 4:26pm On Oct 09, 2021
Before you export any manufactured or agricultural goods outside Nigeria, you must obtain license from Nigerian Export Promotion Council. Categories that are eligible; Limited by Shares Company, Co-operative societies, government agencies and NGO.
The certificate for license to export, is renewable after two years.
A business name, cannot obtain an export license. It is very affordable and fast.
Pick up and delivery, is the door to door picking up of goods from a seller to be delivered to a buyer. Pick up and delivery, is not a logistics business. 100k-1m share captial can do.
A logistics business is the management of the planning, transportation and packaging of goods. 1m to any amount of share capital, is okay.
Freight forwarding business, is the planning and management of goods from the shipping company, to the buyer. They clear the goods from the sea, pay custom and excise duties and also track the goods, till it gets to the end user. Share capital is 5m
Shipping company is the transportation of goods by sea. Share capital 25m
Cargo business is the movement of goods through air, sea or trucks. Cargo business share capital is 500m
Exportation, pickup, and logistics can be registered as a business name. But, ltd company should be better for exportation and logistics. Also courier services, is not pick up and delivery. Courier, is the movement of documents or parcels from the sender to receiver.

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