A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.
The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.
Must my Company Secretary be a Lawyer?
Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.
What are the terms of a contract?
an offer and an acceptance.
competent parties
Consideration
Legal subject matter
Mutual agreement/ Assent
Conesus ad idem
Obligation
What is SON?
SON stands for ‘Standards Organization of Nigeria’
Is it legal to transfer the personal data you obtained legally to another person?
No, its not legal. This is because the law prohibits anyone from transferring the data of a third party to another person without consent from the third party to do same even if the data was rightfully obtained in the first instance.
What do I need for a trademark search in Nigeria?
To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.
What are the product categories available when registering with NAFDAC?
The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
Can a minor be a company director?
No, a minor cannot be a director. A minor under Nigerian Law is anyone who is below 18 years of age.
What do I need for a trademark search in Nigeria?
To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.
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