How to register a debenture in Nigeria

How to register a debenture in Nigeria

May 09, 2019

How to register a debenture in Nigeria

In order to register a debenture in Nigeria, the following requirements must be submitted to the Corporate Affairs Commission (CAC) for the registration to be effeced;

  • Duly Completed statutory form with instrument evidencing the assignment of the debenture to the debenture holder.
  • Payment of stamp duty to Federal Board of Inland Revenue
  • Payment of filing fees
  • If the filing is out of time, a court order extending the time should be attached.

 

 

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  • What additional documents do I require to file my Annual Returns?
  • 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 are the benefits of Registering with SON?
    1. Product traceability in the Nigerian market
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    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.
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    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.
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