ONE STOP INVESTMENT CENTRE-OSIC
Facts And Information About One Stop Investment Center-OSIC. Established in 2006 within the framework of the Nigerian Investment Promotion Commission (NIPC), One-Stop Investment Centre (OSIC), as its name indicates, is an organ set up to facilitate investment in all sectors of Nigeria’s economy. It provides a single portal or contact point for sourcing information and carrying out the necessary formalities with a view to obtaining all the required approvals before the operation of a business. OSIC brings together the divers services normally provided separately by various government agencies involved in company registration and operations formalities. It is a point of convergence for coordinated and streamlined action. The centre also assists existing and prospective investors with statistical data and information on the Nigerian economy, investment climate, legal and regulatory framework, as well as sector and industry- specific information, to facilitate the making of informed business decisions.
Services offered by OSIC include:
• Providing general information and data on Nigeria’s economy, as well as advisory services on investment opportunities;
•Granting of business entry approvals, permits and authorisations;
•Assisting with company incorporation and registration;
•Facilitating post-entry approvals, licences and other sector-specific permits with statutory government agencies with extant mandate;
• Assisting with tax registration and clearance;
• Assisting with work permit, expatriate quota and other immigration formalities;
• Facilitating Customs clearance for investment projects. OSIC brings together, for speedy service delivery, several agencies and ministries, among others.
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