- 1. Who are the promoters responsible for developing Lagos Free Zone?
- Lagos free Zone (LFZ) is a 100% private free zone located in the Lekki Corridor of Lagos, Nigeria. It is promoted by Tolaram, a Singapore based multinational with experience in manufacturing and infrastructure.
- 2. What are the benefits of operating in Lagos Free Zone?
- a. Free movement of goods to and from Lekki Deep Sea Port
b. Single clearance window
c. Tax incentives and preferential policies
d. Access to world class infrastructure
e. Availability of gas
All these benefits and more are available at the zone. We are constantly striving to make it easy for businesses to setup and operate out of LFZ.
- a. Free movement of goods to and from Lekki Deep Sea Port
- 3. What percentage of goods manufactured in the Zone can be sold in Nigeria?
- 100% of goods manufactured in the zone can be sold in the Nigerian market.
- 4. Is the Lekki Deep Sea Port operational?
- Lekki Port has achieved financial close and the construction is in full swing towards achieving the scheduled completion by 2022.
- 5. Is Lagos Free Zone sector specific?
- No, it is not. Registration is open to all industries and service providers as governed by the NEPZA Act 92. However, LFZ has designated clusters allocated for sectors like FMCG, Pharmaceuticals, Engineering, Chemicals, and Non-metallic minerals.
- 6. How long does it take to register a new company in LFZ and what is the process?
- The full process takes about 2 weeks – 4 weeks on average. The registration process can be found HERE.
- 7. What are the available products at Lagos Free Zone?
- The following products are available at LFZ both on short-term and long-term basis:
a. Leveled land for industrial and mixed-use purposes
b. Warehouses
c. Standard Industrial Facilities
- The following products are available at LFZ both on short-term and long-term basis:
