REQUIREMENTS FOR INDUSTRIAL TRAINING FUNDS (ITF) REGISTRATION AND ACQUISITION OF ITF CERTIFICATE BY A NEW EMPLOYER - 2.

1. A prospective employer is expected to complete ITF Form 7A (which is available online).

2. The completed Form 7A is to be submitted to the nearest ITF Area Office along with :-

(a) A copy of company’s Corporate Affairs Commission’s Certificate of Incorporation.

(b) Certified true copies of the company’s Audited Account.

(c) A copy of the company’s Tax Clearance.

3. The company will be assessed for its liability by ITF Revenue, Inspectorate and Compliance Officers.

4. The client will then generate RRR through the ITF Pay-portal or Remitta platform.

5. After generating the RRR, the client will take same to the Bank for payment of Training Contribution.

6. After payment, the client will bring the printout of payment and duplicate Teller from the Bank to ITF Office.

7. Hard copy of receipt and acknowledgment letter will be issued to the client.

8. The ITF Area Office will then forward the employer details as contained in the form 7A to Headquarters’ Revenue, Inspectorate and Compliance Department for issuance of ITF National Number.

9. The ITF National Number will then be sent to the Area Office for Scripting and issuance of Certificate of Compliance.

10. A Certificate of compliance will be given to the client as evidence of compliance with the ITF Act.

Olajide Abiodun Esq.

For Community Intervention Committee NBA IKD BRANCH.

21/4/2021.

Strictly Legal Precedents.

PART 1:

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