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.
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 is an execution clause in a contract?
This is the section in which the parties sign the contract or agreement.
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.
What is data protection?
Data protection is a legal process of protecting sensitive data.
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.
What are the product categories available when registering with NAFDAC?
The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
Can my kids be shareholders in my company?
Yes your kids can hold shares in your company but there must be a minimum of two adult shareholders before kids can be included.
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.
Chat on WhatsApp