Blog

Benefits of registering your design

December 09, 2019 Read

How do you set up a Trust in Nigeria?

December 09, 2019 Read

Procedure for registration of Patent in Nigeria

December 09, 2019 Read

Benefits of Patent Registration

December 09, 2019 Read

How to change a Proprietor’s signature at the Corporate Affairs Commission in Nigeria

December 05, 2019 Read

How to change a Proprietor’s name at the Corporate Affairs Commission in Nigeria

December 05, 2019 Read

How to incorporate a church In Nigeria

November 21, 2019 Read

How to legally close up a company that is no longer doing business

November 15, 2019 Read

How to legally close a Business Name which is no longer doing business.

November 14, 2019 Read

Procedure for change of the business address of your Business Name

November 14, 2019 Read

Procedure for obtaining Expatriate Quota in Nigeria

November 14, 2019 Read

What is the procedure for Pioneer Status application in Nigeria?

November 14, 2019 Read

How to legally change your company address in Nigeria

November 14, 2019 Read

What is the Industrial Training Fund (ITF) in Nigeria all about?

October 30, 2019 Read

How to obtain the NACCIMA Certificate of origin in Nigeria

October 30, 2019 Read

What is the Pioneer Status Incentive?

October 25, 2019 Read

What are the products/industries eligible for Pioneer Status Incentive in Nigeria?

October 25, 2019 Read

How to obtain a Value Added Service (VAS) license from the NCC

October 15, 2019 Read

How can a foreigner obtain Business Permit Licence in Nigeria?

October 25, 2019 Read

How to obtain a radio/TV license in Nigeria

October 14, 2019 Read

Advantages of SON registration in Nigeria

October 25, 2019 Read

Difference between NAFDAC registration and SON registration

October 25, 2019 Read

What will constitute a breach of the Nigerian Data Protection Law?

September 23, 2019 Read

When do I need a Money Lender’s License?

October 25, 2019 Read

7 Advantages of Registering Your Copyright 

September 23, 2019 Read

How to obtain a Sport Betting License in Lagos State

September 19, 2019 Read

Differences between a co-operative Society and an NGO/Foundation

September 19, 2019 Read

How to register a single-purpose co-operative in Lagos State

September 19, 2019 Read

Differences between a co-operative society and a company Limited by Guarantee

September 19, 2019 Read

Trademark VS Copyright; when do I need one or both of them for protection?

September 19, 2019 Read

What are the benefits of a co-operative Society?

September 17, 2019 Read

The Nigerian Data Protection Law

September 17, 2019 Read

Data Protection Law in Nigeria

September 17, 2019 Read

How to register a sport betting business in Nigeria

September 17, 2019 Read

What is Data Protection?

September 17, 2019 Read

How do I register a Multi-purpose co-operative Society in Lagos State.

September 09, 2019 Read

Small Business. Big Heart. #618beesis1

June 28, 2019 Read

Sanctions for non-compliance with filings with the Financial Reporting Council of Nigeria (FRCN).

June 14, 2019 Read

Do foreign brands need to trademark their brands in Nigeria?

June 14, 2019 Read

Must a company allot all its shares at incorporation?

June 14, 2019 Read

I don’t like my current given birth name? How do I change it?

June 14, 2019 Read

Does a water packaging business require SON certification?

June 14, 2019 Read

Do i need a permit to convert a residential premise to commercial in Lagos State?

June 14, 2019 Read

How can my company get a SCUML certificate?

June 14, 2019 Read

Can the same person be both Board Chairman and CEO?

June 10, 2019 Read

What is SCUML certificate?

June 06, 2019 Read

What does it mean for a company to be limited by guarantee?

June 06, 2019 Read

What kind of businesses or company names require special consent?

June 06, 2019 Read

Is a Business Name a company?

June 06, 2019 Read

What is a shareholders Agreement? and what are the benefits of having one?

June 06, 2019 Read

I just got married, how do I change my name to my husbands name and make it reflect on all my certificates?

June 06, 2019 Read

Can I trademark my business name? what are the benefits?

June 06, 2019 Read

Can a company have shares in reserve?

June 06, 2019 Read

Significance of a Company Seal

May 09, 2019 Read

How to register a debenture in Nigeria

May 09, 2019 Read

Duty of a company to register charges in Nigeria

October 31, 2019 Read

What is a Debenture? And what are the rights of debenture holders?

May 09, 2019 Read

How to remove a deceased proprietor(s) from a Business Name

May 09, 2019 Read

How to register a company without shares?

May 09, 2019 Read

Who is a CEO?

May 09, 2019 Read

Benefits of registering a business with the Corporate Affairs Commission

May 09, 2019 Read

Remuneration of directors in Nigeria

May 07, 2019 Read

Registration of charges in Nigeria.

May 06, 2019 Read

What is a Debenture Trust Deed and when is it necessary?

May 06, 2019 Read

How is transmission of shares done in Nigeria?

May 06, 2019 Read

What is a resident permit/ when do I need one in Nigeria?

May 07, 2019 Read

Which people make up the members of a company?

April 11, 2019 Read

Registration of patent: what are the benefits?

April 11, 2019 Read

What is share capital?

April 11, 2019 Read

Who makes up a company’s board?

March 26, 2019 Read

What is the difference between a company limited by guarantee and an incorporated trustee? 

April 01, 2019 Read

Who can be a trustee of a Non-Profit Organisation?

March 25, 2019 Read

What is a certificate of Good standing?

March 25, 2019 Read

Do I need a permit to advertise in Lagos?

April 01, 2019 Read

Do I need a permit for my company’s board in Lagos state?

March 25, 2019 Read

Do I need a permit to advertise or use a signage in Lagos?

April 01, 2019 Read

Is a Partnership Agreement different from a Shareholders Agreement?

July 23, 2019 Read

Does using a Notary Public or a Commissioner for Oath serve the same purpose?

June 14, 2019 Read

Conversion of your Unlimited Company to A limited Liability Company in Nigeria

March 26, 2019 Read

Can a company buy its own shares?

March 26, 2019 Read

Forfeiture of shares based on refusal of members to respond to call on shares

March 26, 2019 Read

Call on and payment for shares

March 26, 2019 Read

Issue of shares at a discount

March 26, 2019 Read

Does my company need a SCUML certificate?

April 01, 2019 Read

How to change my company from a public company to a private company in Nigeria

March 26, 2019 Read

Can I convert my shares into stock?

March 26, 2019 Read

Does payment for shares have to be in cash?

March 26, 2019 Read

Issuing company shares at a premium

April 01, 2019 Read

How do companies allot shares?

March 26, 2019 Read

Can I change my company from a private company to a public company? (LTD/LLC – PLC)

June 14, 2019 Read

Why we are supporting young female entrepreneurs

July 23, 2019 Read

What is a MEMART (Memorandum and Articles of Association)?

March 26, 2019 Read

Who is a promoter?

March 26, 2019 Read

How to obtain Money Lenders License in Lagos state

April 01, 2019 Read

Trademark validity and renewal

March 26, 2019 Read

Can I register my trademark in multiple classes?

March 26, 2019 Read

How to record a trademark assignment at the Registry

March 26, 2019 Read

How to assign a trademark

March 26, 2019 Read

Can I assign my trademark to another person/business?

April 01, 2019 Read

How long do i have my trademark for?

April 01, 2019 Read

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Frequently Asked

  • Why must I file Annual Returns?

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

  • What’s the difference between a business name and an LLC?
    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

  • 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
  • When can I start renewal of the registration of my product(s) with NAFDAC?

    You can start renewal 6 months to the date of expiry.

  • What is personal data?

    This is any information that can be used to identify an identifiable human person such passport photograph.

  • Can I grant another person the permission to use my design?

    The right of the owner of an industrial design includes the licensing and authorization of another person to use the design.

  • 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

  • How many shareholders do I need to start a company?

    A minimum of two (2) shareholders is required to form a company.

  • Does a trademark search automatically reserve my trademark name?

    No, a trademark search does not automatically reserve that which is sought to be trademarked. A search ascertains whether that which is sought to be trademarked is available or violates any existing trademark.

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