Doing business in Singapore for clients from Nigeria
Nigerian energy, trading and technology businesses buy from and sell to Asia, and they often want an Asian contracting party that banks and counterparties will accept. The tax treaty between the two countries has applied since 2019.
An Asian contracting party
A Singapore company needs at least one ordinarily resident director, a company secretary resident in Singapore and a registered office, so a real local arrangement has to be budgeted from the start. Banks here pay close attention to enhanced due diligence, and bank onboarding usually depends on clear records of the business and its owners. Founders of fintech businesses should check the licensing perimeter first.
Tax treaty and trade agreements
The double taxation agreement was signed on 2 August 2017, entered into force on 1 November 2018 and has effect from 1 January 2019. No free trade agreement between Singapore and Nigeria among the 29 agreements Singapore has in force was found, as checked in November 2026.
Below you will find the articles written for clients from Nigeria as they are published, followed by the sections of the book Singapore as an International Financial Centre. Your own lawyers advise you on the law of Nigeria.
Singapore as an International Financial Centre
Singapore · Book
Singapore as an International Financial Centre — preface
Singapore · Origins
A Place on the Strait: Temasek, Singapura and the Maritime Trade of the Malay World
Singapore · Origins
The Strait of Malacca as a corridor of trade
Singapore · Origins
Temasek and Singapura in the fourteenth century: archaeology and chronicle
Singapore · Origins
Malacca, Johor and the Riau archipelago
Singapore · Origins
Portuguese, Dutch and British rivalry in the Straits
Singapore · Origins
What the pre-colonial port teaches about location and trust
Singapore · Origins
A Place on the Strait: Temasek, Singapura and the Maritime Trade of the Malay World: summary
Singapore · Origins
Raffles, the East India Company and the Free Port of 1819
Singapore · Origins
The East India Company and the China trade
Singapore · Origins
Stamford Raffles and William Farquhar
Singapore · Origins
The agreements with Sultan Hussein and the Temenggong
Singapore · Origins
The free-port principle: open to every flag
Singapore · Origins
Early growth and the first merchant community
Singapore · Origins
What 1819 means for the financial centre
Singapore · Origins
Raffles, the East India Company and the Free Port of 1819: summary
Singapore · Origins
The Treaties of 1824 and the Legal Foundations of British Singapore
Singapore · Origins
The Anglo-Dutch Treaty of 1824
Singapore · Origins
The Treaty of Friendship and Alliance of 1824
Singapore · Origins
The Straits Settlements and the Second Charter of Justice
Singapore · Origins
The reception of English law
Singapore · Origins
Land, title and the security of property
Singapore · Origins
Practical consequences for today’s practitioner
Singapore · Origins