Who is a director?
Directors are persons duly appointed by the company to direct and manage the business of the company. Directors can be either executive or non-executive. Executive directors – are employed by shareholders...
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Transmission of shares
Transmission of shares occurs by operation of law i.e when a shareholder dies or becomes bankrupt or mentally unstable and his share title is transferred. Procedure for transmission of shares; The Personal...
Contents of a partnership agreement
A partnership deed is a legally enforceable document that guides the operation of the partnership business. It should contain the following details; Name of the firm. Names and addresses of the partners. The...
Contents of a company’s Financial Statement
The financial statement of a company is a document that contains information about the company’s activities and financial performance in a particular year and a copy of this statement is required by a...
How to register and protect your business name
After you have picked the perfect business name and gotten it reserved and approved, you will need to make sure it is legally yours and yours alone to use in Nigeria where you intend to conduct your...
Choosing the best structure for your business– sole proprietorship or Limited Liability (LLC)?
You probably already have a rough idea of how you want your business structure to be but may still have a little difficulty understanding whether you should set up a limited liability company or a business...
Annual Returns filings
The Annual Returns of a company can be defined as a yearly statement that gives essential information about a company’s activities, composition and financial position and which must be filed by every...
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