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Business Setup

Get started with Apply, Connect and Transact setup

Business setup in Enpower FZ is very quick and stress free. Investors are opened to unlimited resources during business setup to facilitate quick returns. We encourage prospective investors to go through our catalog before proceeding with their business setup. Outlined below are important links that might help in business model selection.

Types of License | Approved Business | Incentives | Investment Benefits | Requirements for License Approval

2. Electronic Application

To apply electronically, we have provided a navigation button below

CLICK TO APPLY

APPLY

To facilitate the process of obtaining License in our Free Zone, we have outlined two methods of approach for potential investors.

1. The Manual Application

This process is started by sending an email to WE CARE requesting for a License.

Soon your email is received, the EXPRESSION OF INTEREST FORM (EOI) will be forwarded to you. The form can also be downloaded directly from our download page.

You are required to complete the form, providing vital details about your company, intended business activity, required facilities and the proposed timeline of the investment. Compulsory fields will be indicated as astericks .

Email the completed form to WE CARE Upon receipt of your complete documentation, an Enugu Free Trade Zone Business Development Executive will contact you and forward a documentation package tailored to your expression of interest information. He or she will also discuss any specific requirements and assist in expediting the processing and approval of the license.

 

CONNECT

Get your License approval with Connect  workflow

Upon receipt of your complete documentation, an Enpower Business Development Executive will contact you and forward a documentation package tailored to your expression of interest information. He or she will also discuss any specific requirements and assist in expediting the processing and approval of the license.

Transact

Setup your work space in a matter seconds with the Transact workflow

Enpower FZ is a one-stop investment hub designed to support investors in the zone by delivering efficient and professional services.
Our team is focused on walking you through the process of setting up in the zone as quickly as possible and will provide further assistance and advice where documentation is incomplete or investment needs require additional customization

Requirements for License Approval

We offer Flexible license to operate any where within the free zone

Please bear in mind that Enpower-FTZ is a one-stop investment hub designed to support investors in the zone by delivering efficient and professional services. Our team is focused on walking you through the process of setting up in the zone and will provide further assistance and advice where documentation is incomplete or investment needs require additional customization. The following accompanying documentation will be required for the approval of FTZE or FTZC operating licenses [**]

-Completed FTZE or FTZC Application form where applicable
-Completed Know-Your-Customer (KYC) due diligence documents
– Notarized international passports pages and passport photographs of the promoters and directors
– Notarized company documents if the investor is a corporate entity – Bank reference forms and letters completed – Executive summary of Business plan with project investment schedule (where applicable)
– Business reference forms completed
– Confirmed project financing (Where applicable)
– Notarized copies of relevant statutory licenses and permits Additional information or documentation may be required depending on the nature of the Free Zone investment being considered.

Types of License

We offer Flexible license to operate any where within the free zone

Interested investors in our Free Zone can only operate with valid licenses. Obtaining these licenses can be done by going through business set up page and click Apply. We have categories of license that will match your business model

Enugu Free Trade Zone Licenses

All licenses granted by Enpower – FTZ to free trade zone enterprises or companies shall be operated in accordance with the investment procedures, regulations and operational guidelines for the Enpower Free Trade Zone established pursuant to the Nigeria Export Processing Zone Act No. 63 of1992, under the supervision, monitoring and regulations of the Nigeria Export Processing Zones Authority (NEPZA).
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Free Trade Zone Enterprise License (FTZE)

License granted by the Authority/Free Trade Zone Management for an enterprise to undertake an approved activity within a Free Zone. These activities could be: Manufacturing, Trading or Service Provision

Free Trade Zone Company (Export Processing Factory/Export Processing Farm License (FTZC))

License granted by the Authority/Free Trade Zone management to an export-oriented manufacturing company or farm located within the free-zone customs territory, which has the capacity to export over 75% of its production

Approved Business

Multi-choice business activities with

The following business activities are approved and permissible by the authorities for operations within the Free zone:

Oil and gas logistics; Electrical and Electronic Products; Textile Products; Garments; Wood Products and Handicrafts; Leather Products; Petroleum Products; Rubber and Plastic Products; Cosmetics and other Chemical Products; Metal Products and Machinery; Educational materials and Sports Equipment; Printing Materials, communication and Office Equipment; Medical Kits, Optical Instruments and Appliances ; Biscuits, confectioneries and other Food Processing Pharmaceutical Products; Ship building and repairs.

Proposals for business activities outside the approved list will be evaluated on their individual merit

Investment Incentives

No Pre-shipment inspection prior to shipment

Locating your business in any Free Trade Zone in Nigeria automatically confers upon the investor certain advantages, benefits and incentives which have been strategically designed by the Federal Government of Nigeria to create a business-friendly environment for the investor and encourage foreign and local direct investment particularly for exportable products. These incentives, established by Act No. 63 of 1992 and expanded in subsequent legislation, are summarized below: Complete holiday from all federal, state and local government taxes, rates, and levies. Duty-free importation of capital goods, machinery/components, spare parts, raw materials and consumable items in the zones. 100% foreign ownership of investments. 100% repatriation of capital, profits and dividends. Waiver of all import and export licenses. Waiver on all expatriate quotas. One-stop approvals for permits, operating license and incorporation papers. Permission to sell 100% of goods into the domestic market (However, when selling into the domestic market, applicable customs duty on imported raw material shall apply). For prohibited items in the custom territory, free zone goods are allowed for sale provided such goods meet the requirement of up to 35% domestic value addition. Minimize delays in the movement of goods and services. No Pre-shipment inspection prior to shipment. No Form ´M´ required prior to shipment. Free Zone Goods may be stored indefinitely, Sold, Exhibited, Broken up. Parked, Graded, Marked, and Mixed, Separated or otherwise manipulated, Worked, Processed or Reprocessed, or Consumed in the Free Zone. Free Zone goods transferred under Customs escort from any Port of entry in Nigeria to Enpower Free Trade Zone. Fast-Track Airfreight cargo movement under Customs escort from any Airport in Nigeria to Enpower Free Trade Zone. No VAT, withholding or advance corporate Tax. 75% Import Duty Rebate on value-added products manufactured or assembled in the Free Zone. Rent-free land during the first 6 months of construction.

Investment Benefits

No Pre-shipment inspection prior to shipment

Access to the Nigerian consumer market which is by far the largest con- super market in Africa with approximately 170 million people. Enugu provides direct access to the vibrant industrial heartland of South eastern Nigeria. Nigeria has an excellent location from which to export to the rest of Africa, the Middle East, Europe, and the Americas. There is an abundant supply of human and material resources in South east Nigeria. Nigeria enjoys several preferential trade arrangements such as ECOWAS, AGOA, WTO, GSTP, OPEC, D-8 etc.