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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    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 

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    The share capital in a private limited company is the amount of money invested by its owners in exchange for shares of ownership.

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    No, all intellectual property (IP) rights which includes trademarks are territorial, which means you are protected in the countries in which you register them.

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