Do I pay local taxes as a NG citizen investing in Nigeria?

• Related Articles

• Do I pay local taxes as a NG citizen investing in Nigeria?

  Taxes are due on dividends but not asset appreciation. Please consult with your local tax advisor for more clarity.

• As a foreigner investing in US stocks, do I pay any US taxes?

  Yes, you are subject to pay a one-off tax bill of $3 which will be deducted from your first global wallet funding. The $3 is for processing the tax certificate (w8).  W-8BEN form is completed at the beginning of the KYC process, you are declaring ...

• Do I pay tax like a US citizen when you are a foreigner investing in the US?

  No you do not. By signing the W-8BEN agreement at the beginning of the KYC process, you are declaring yourself a non-US citizen and would not be taxed by the IRS under US law.  However, you are subject to a dividend tax rate of 30% on dividends paid ...

• How Do I Receive Dividends on Local Stocks?

  Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC), require that Registrars pay investors' dividends to their bank accounts. Investors are required to fill their respective Registrar's e-mandate form (you can download ...

• Order Execution on Local Stocks

  We ensure that orders executed on your behalf are prompt, accurately recorded and allocated. We try to obtain the best possible result for you, taking into account price, costs, speed, likelihood of execution and settlement, size, nature and/or any ...