Registration For Industrial Training Fund(ITF).
NGN 40,000.0
10 days
Other
Description
Information about the compliance service
Any supplier, contractor or consultant looking to do business by bidding or soliciting contracts or goods and services from any Federal Government Ministry, Department, Agency, commercial, industrial and private entity is required to fulfill the statutory obligations of its employees with respect to payment of Training Contribution to the Fund.
Requirements
Info and documents needed for this service
- Name of Establishment.
- Business Address.
- Postal Address.
- Email Address.
- Telephone No.
- Nature of Business.
- Date of Business establishment.
- Copy of company’s Corporate Affairs Commission’s Certificate of Incorporation.
- Certified true copies of the company’s Audited Account.
- Copy of the company’s Tax Clearance Certificate.
Process
Steps involved in this compliance service
- Completion of ITF form by prospective employer.
- Submit filled form.
- Assessment of the company for its liability by ITF Revenue, Inspectorate and Compliance Officers.
- Pay the prescribed fee.
- Obtain a Certificate of compliance to serve as evidence of compliance with the ITF Act.
FAQs
Frequently asked questions about this service
- What is the function of the ITF?
Capacity building for industries and commerce in the Nigerian economy through manpower training.
2. Is the ITF a money lending organization?
No, it is not a money lending organization.
No, it is not a money lending organization.