Legal Advise for Start-ups
The value of investing in legal advice for your business cannot be underestimated. By receiving proper legal advice early on in the business life cycle, even when you’re a startup, you could potentially make...
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How to dissolve a non-profit organization in Nigeria
Non-profit Organisations registered with the Corporate Affairs Commission in Nigeria can only be dissolved by a court of competent jurisdiction. This can be done through a petition. A petition is a formal...
The 3 mandatory compliance filings for Non-profits registered in Nigeria under the CAMA 2020.
There are three compliance filing mandatory for all Non-profits organisation to file under the Companies and Allied Matters Act (CAMA) 2020, and they include the Bi-Annual Returns (Filed in July and January...
Procedure for dissolving an Incorporated Trustee/Foundation/NGO in Nigeria
The procedure for dissolving or closing down an incorporated Trustee/Non-profit organization in Nigeria is provided for under section 850 of the Companies and Allied Matter Act 2020 (CAMA). Organizations...
ISO Certification in Nigeria
ISO its an acronym for International Organization for Standardization. The International Organization for Standardization (ISO) is “an international standard-setting body composed of representatives from...
Crypto Currency Regulation in Nigeria
It is pertinent to understand what crypto currency is all about. Simply defined, crypto currency is the buy and selling of digital assets via exchanges. Examples of crypto currency is bitcoin, Ethereum,...
Crowdfunding in Nigeria: what does the law say about this?
Crowdfunding is when a large number of persons contribute a small amount of money for a project or investment. An Example of crowdfunding is GoFundme. Crowdfunding is a legally acceptable means of raising...
Procedure for registering a company limited by guarantee in Nigeria
A Company limited by guarantee is a company registered solely for promoting an objective and these kinds of companies are not profit based. Whatever money the company makes is used for the promotion of its...
The importance of having a Tenancy Agreement in Nigeria
A Tenancy Agreement is written agreement between a Landlord and his tenant which states the agreed terms and condition of the tenancy The importance a Tenancy Agreement is as follows; A tenancy agreement...
Procedure for the renewal of a money lending license in Lagos State
The Money Lenders License granted in Lagos to lenders is only for a period of one year. Each License is usually valid until the 31stof December each year hence the lender has to renew their lenders license...
Why your Start-up Needs A Founder’s Agreement
It is important for a company’s founders to have an agreement among themselves even before creating an entity. Founders’ agreements are the product of conversations that should take place among a company’s...
Benefits of incorporating your business as a limited liability Company
What does it mean to incorporate a business? It simply means a business has completed the process of becoming a corporation, as recognized by law. Incorporationprovides the owners with many advantages, and I...
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