What additional documents do I require to file my Annual Returns?
What is the first thing I must do to register a business in Nigeria?
To register a business in Nigeria; you would need to conduct a name search of the business. You can achieve this using your CAC-CRP account.
What are the terms of a contract?
an offer and an acceptance.
competent parties
Consideration
Legal subject matter
Mutual agreement/ Assent
Conesus ad idem
Obligation
If I have NAFDAC Registration number, do I still need SON registration number?
SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.
This is irrespective of the registration done by NAFDAC
What is classified as personal data?
Name, photograph, personal health/bio information, account/financial information, phone number, Address, date of birth, place of birth, Email address, etc.
Does a trademark search automatically reserve my trademark name?
No, a trademark search does not automatically reserve that which is sought to be trademarked. A search ascertains whether that which is sought to be trademarked is available or violates any existing trademark.
Is there a penalty for late renewal of registration of products with NAFDAC?
Yes, there is a late renewal fee, which is dependent on the category of the product.
How many directors do I need to start a company?
A minimum number of one (1) adult director is required to form a company.
Can I trademark my logo and name separately? Why is this a good idea?
Yes you can. The advantage is that it gives you the opportunity to have more than one logo or the opportunity to change your logo easily as opposed to registering the name and the logo as one trademark.