Common Contracts

1 similar General Agreement on Trade in Services (Gats) contracts

GENERAL AGREEMENT GATS/SC/65
General Agreement on Trade in Services (Gats) • May 8th, 2008

Coding Sector or subsector Limitations on market access Limitations on national treatment Additional commitments I. HORIZONTAL COMMITMENTS ALL SECTORS INCLUDED IN THIS SCHEDULE Commercial Presence 3)Commercial Presence requires that foreign service providers incorporate or establish the business locally in accordance with the relevant provisions of Nigerian Laws and, where applicable, regulations particularly with respect to land and building acquisition, lease rental, etc. This requirement operates on a non- discriminatory basis. Foreign enterprises with investment in Nigeria have the same rights and responsibilities as domestic enterprises, and could transfer abroad their profits in accordance with the existing regulations. Presence of Natural Persons 4)Unbound, except for measures concerning entry and temporary stay of personnel employed in senior management and experts jobs for the implementation of foreign investment. Their employment shall be agreed upon by the service

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