Can a minor be a Proprietor?

Can a minor be a Proprietor?

February 19, 2020

A proprietor is the Legal name for a person who owns a business Name that is duly registered with the Corporate Affairs Commission.

A minor is a person who is under the age of eighteen (18).  A minor can be a proprietor in a registered business individually or in partnership with another adult, provided that in registering the business name, he/shegets an attestation from a magistrate, legal practitioner, or a police officer of or above the rank of Assistant Superintendent of Police. See section 574(6) ofthe Companies and Allied Matters Act, 2004.

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  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 
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    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.
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    This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.
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    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
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    3. It constitutes an asset of the company and it helps in fair return on investment.
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    Yes, you can process/register multiple products at the same time
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    A minimum of one (1) adult shareholder is required to form a company.
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    A trademark can be any word, sign, symbol or graphic that you apply to your company, goods or services to distinguish them from those of your competitors; for example, a brand, product or company name, or logo. The trademark serves as a badge of origin for your business and its brands and products, and can consist of words, logos, slogans, colours and shapes, or a combination of all of these.
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