Post Utme Redeemers University 2025 Commerce Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice
Question 13 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

A foreign company wants to establish a subsidiary in Nigeria. What is the first step the company should take?

Answer Options

Correct Answer A. Register the subsidiary with the Corporate Affairs Commission (CAC).
B. Obtain a business permit from the Nigerian Investment Promotion Commission (NIPC).
C. Apply for a tax clearance certificate from the Federal Inland Revenue Service (FIRS).
D. Notify the Nigerian Stock Exchange (NSE) of the intention to establish a subsidiary.
Correct Answer
A
Correct Option:
Register the subsidiary with the Corporate Affairs Commission (CAC).

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 13. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

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