How Much is Certificate of Good Standing from MDCN?

How much is certificate of good standing from Mdcn?
Letter of Good standing -N 26,000.00 or its Dollar equivalent 3. Development levy ?N5, 000.00 4. Certified True Copy [C.T.C.] optional ?N5, 000.00 5.
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A professional’s good standing and compliance with all requirements to practice in their field are attested to by regulatory organizations through the issuance of certificates of good standing. Medical and dental professionals in Nigeria are granted a certificate of good standing by the Medical and Dental Council of Nigeria (MDCN). Medical professionals who wish to practice outside of Nigeria must possess the MDCN certificate of good standing.

Depending on the type of certificate needed, acquiring a certificate of good standing from MDCN can cost more or less. The certificate of good standing for the purpose of registration with a foreign regulatory body costs NGN 75,000 (about $195), while the normal certificate costs NGN 50,000 (about $130). Both online through the MDCN portal and in person at the council’s office are acceptable methods of payment for the certificate fee.

An employer must first register with the Compensation Fund before registering for a COIDA certificate. You can register either online or in person at the Department of Labor location that is closest to you. An employer may apply for the COIDA certificate of good standing after registering by filling out the required form and sending it to the Compensation Fund. The certificate of good standing has a 12-month expiration date and needs to be renewed every year.

In South Africa, the Compensation Fund can certify that an employer is registered with the fund and in compliance with COIDA rules by issuing a letter of good standing. Employers who want to conduct business with specific governmental agencies and private businesses must submit a letter confirming their good status. The letter of good standing has a 12-month expiration date and needs to be renewed every year.

Depending on the company’s size and the sector it serves, COIDA registration and acquiring a certificate of good standing in South Africa might be expensive. The company’s yearly payroll is used to determine the COIDA annual assessment fee. The annual assessment fee includes the cost of obtaining a certificate of good standing.

After becoming aware of an occupational sickness, the employer has seven days to notify the Compensation Fund. Penalties and legal action may be taken if an occupational sickness is not reported within the required time range. Additionally, it is the employee’s duty to inform their employer as soon as they become aware of any occupational disorders.

A certificate of good standing from MDCN costs NGN 50,000 for the basic certificate and NGN 75,000 for the certificate of good standing for registration with a foreign regulatory agency. By paying the annual assessment fee, employers in South Africa can sign up for COIDA and receive a certificate of good standing. While the letter of good standing has a 12-month validity period and needs to be updated every year, the employer has seven days to notify an occupational sickness to the Compensation Fund.

FAQ
One may also ask how do i submit my return of earnings?

Your return of earnings must be submitted in accordance with the institution’s or company’s specific guidelines. The procedure often include obtaining information and supporting evidence about your earnings and work, filling out the relevant papers, and submitting them in person or online. For information on the organization’s specific requirements and due dates for completing your return of earnings, it is preferable to contact them directly.

How do you check if you are registered for UIF online?

Visit the Department of Employment and Labour’s official website and select the “UIF Online Services” link to see if you have registered for UIF (Unemployment Insurance Fund) online. From there, you can choose “Login” if you already have an account or “Register as a New User” if you don’t. After logging in, you can view your contributions, check the status of your UIF registration, and submit any necessary benefit applications.