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.
What is the first thing I must do to register a business in Nigeria?
To register a business in Nigeria; you would need to conduct a name search of the business. You can achieve this using your CAC-CRP account.
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.
If I have NAFDAC Registration number, do I still need SON registration number?
SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.
This is irrespective of the registration done by NAFDAC
What is classified as personal data?
Name, photograph, personal health/bio information, account/financial information, phone number, Address, date of birth, place of birth, Email address, etc.
Does copyright protect website Domain names?
No, copyright does not protect domain names.
What will happen if I buy the wrong category of forms with NAFDAC?
Nothing, the purchased form will be in your account for future use.
How many directors do I need to start a company?
A minimum number of one (1) adult director is required to form a company.
Will my trademark registration in Nigeria protect me worldwide?
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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