Market entry and establishment
Advising on entry structures, establishment options, approvals and the legal steps required to begin operating.

Practice Areas
Entering a market, not just a transaction
Investing or trading across borders raises questions about structure, control, capital and counterparty risk long before documents are signed.
Our trade & investment practice
Paraphoenix Solicitors advises foreign investors entering the Nigerian market, Nigerian businesses investing or trading abroad, and parties to international commercial arrangements.
This is a substantive legal practice covering foreign investment, market entry, international transactions and trade. It is distinct from the way the firm delivers and coordinates international matters, which is described separately under International & Cross-Border.
Our role is to help clients establish a workable structure, understand the legal environment they are entering, document their arrangements clearly and anticipate the issues that most often arise between parties in different jurisdictions.
Key capabilities
Advising on entry structures, establishment options, approvals and the legal steps required to begin operating.
Advising on investment structures, shareholding arrangements, investor protections and the treatment of capital.
Structuring and documenting joint ventures with foreign partners, including governance, funding, deadlock and exit.
Advising on international supply, distribution, agency, licensing and services arrangements.
Advising on international sale terms, delivery and risk allocation, payment mechanisms and related documentation.
Advising on participation and local content considerations that affect how a foreign investor structures its presence.
Advising on exit routes, restructuring of cross-border holdings and the legal considerations affecting repatriation.
Advising on governing law, jurisdiction and dispute resolution provisions appropriate to cross-border arrangements.
How we support cross-border work
Establishing the client's commercial objective and the legal environment relevant to the proposed activity.
Identifying the entry, investment or trading structure and the approvals and steps it requires.
Preparing and negotiating the transaction and commercial documents, including cross-border protections.
Managing the practical steps required to establish presence or complete the transaction.
Supporting the client's ongoing legal requirements, contracts and governance in the market.
Cross-border risk
Cross-border arrangements place distance between the parties — legally, commercially and practically.
We give particular attention to the provisions that determine what happens when something goes wrong at a distance: governing law, jurisdiction, dispute resolution, payment security, delivery risk, currency and termination.
Clear drafting on these points is usually the difference between a manageable problem and an unrecoverable one.
How we deliver international work
Paraphoenix is headquartered in Lagos, Nigeria. Our international capability is relationship-led: we act as the central legal point for Nigerian aspects of a cross-border matter and, where appropriate, work with carefully selected independent local counsel and professional advisers in other jurisdictions.
Our international perspective is informed by substantial experience working within multinational business environments and on matters involving stakeholders across Africa, Europe, the Middle East, Asia-Pacific and the Americas.
Sector perspective
Our trade and investment work supports clients across sectors where foreign capital, international supply chains and regulated market entry intersect.
Related perspective
Practical perspectives on the legal and commercial developments affecting business in Nigeria and across borders.
Integrated support
Mandates in this practice frequently engage other areas of law. Depending on the matter, our International Trade & Cross-Border Investment practice works alongside the firm’s other practices so that clients receive a coherent view of the issue rather than fragmented advice.
Why Paraphoenix
We advise with an understanding of what an investor or trader actually needs in order to proceed.
Important mandates receive close senior attention, supporting continuity and efficient decision-making.
Our experience of multinational environments informs our approach to cross-border investment and trade.
We emphasise practical recommendations, careful drafting and responsive communication across time zones.