Structuring venture funds, SEC filings, & foreign capital entries
The deployment and movement of investment capital requires sophisticated structuring to maintain compliance with Nigeria\'s SEC and NIPC regulations. Medina Law Associates & Co. provides market-leading advisory services to venture capital (VC) funds, private equity (PE) firms, real estate investment trusts (REITs), and foreign investors.
We assist clients in setting up and registering mutual and private funds with the Securities and Exchange Commission (SEC), structuring limited partnership (LP) agreements, processing NIPC registrations, and securing electronic Certificates of Capital Importation (eCCI) for foreign fund entries.
SEC Registration & Setup
We handle fund manager registrations and file prospectus documentation with the SEC to legally launch and market investment schemes.
Capital Importation & NIPC
We process foreign business permits, obtain NIPC investor certificates, and ensure eCCI setups for smooth capital repatriation.
Our Core Capabilities
- SEC registration for Mutual Funds, Venture Capital, and PE Funds.
- Drafting Limited Partnership (LP) and General Partner (GP) structures.
- Capital repatriation setups and eCCI registration compliance.
- NIPC registration and securing business permits for foreign entities.
- Advisory on legal audits and compliance under the Investments and Securities Act.
Frequently Asked Questions
The Securities and Exchange Commission (SEC) regulates all collective investment schemes, mutual funds, venture capital, and private equity funds, ensuring protection for investors and compliance with the ISA (Investments and Securities Act).
Foreign investors must bring capital (equity or debt) into Nigeria through an authorized dealer (bank). The bank issues an electronic Certificate of Capital Importation (eCCI) within 24–48 hours, enabling the investor to repatriate dividends and capital.
A private equity fund pools capital from institutional and high-net-worth investors to buy equity in private firms. It is typically structured as a Limited Partnership (LP) or a Limited Liability Company, requiring SEC registration if targeting public subscriptions.
All enterprises with foreign participation must register with the NIPC before commencing business operations. The NIPC provides certificates that grant access to pioneer status tax holidays and investment protections.
