BUSINESS AND NON-BUSINESS ENTITIES IN NIGERIA: TYPES, STRUCTURE, AND FORMATION
It is crucial for anyone desiring to establish and register a corporate entity in Nigeria to understand the various types provided under Nigerian law. The Companies and Allied Matters Act, … Read More
MINIMUM SHARE CAPITAL THRESHOLD FOR COMPANY REGISTRATION IN NIGERIA
Several laws and regulations govern the business sectors in Nigeria. Some of these laws stipulate the minimum share capital required of businesses. Consequently, when a company fails to meet the minimum … Read More
REGISTERING A COMPANY LIMITED BY GUARANTEE (LTD/GTE) IN NIGERIA
A Company Limited by Guarantee (Ltd/Gte) is a company established primarily to promote commerce, art, science, religion, sports, culture, education, research, charity, or similar objects. Unlike regular companies, it does not … Read More
Incorporated Trustees in Nigeria refers to a corporate entity that does not engage in business or make profit. It emerges when two or more people are appointed … Read More
CAC PUBLISHES LIST OF COMPANIES TO BE STRUCK OFF ITS REGISTER
On the 31st of July, 2023, the Corporate Affairs Commission issued a public notice informing the General Public that the Commission has commenced striking off companies that have … Read More
FILING OF ANNUAL RETURNS IN NIGERIA
An annual return is a mandatory requirement that must be complied with by every registered company, business name, or incorporated trustees in Nigeria. The return is a statutory document that provides a snapshot of … Read More
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