A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.
The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.
Do I need a Company Secretary?
A limited liability company (LLC) must not have a company secretary.
What is a testimonium clause in an agreement?
This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.
What is SON?
SON stands for ‘Standards Organization of Nigeria’
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.
How long does a trademark registration in Nigeria Last?
Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.
What will happen if I buy the wrong category of forms with NAFDAC?
Nothing, the purchased form will be in your account for future use.
Why do i need a Shareholders Agreement?
You need a Shareholders Agreement to protect your investment in a company. The shareholders Agreement establishes a fair relationship between all shareholders and sets out how the company is run.
What do I need for a trademark search in Nigeria?
To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.
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