It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly.
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 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.
How long does the registration of an industrial design last?
It is effective for an initial period of 5 years from the date of the application for registration and renewable for two consecutive periods of 5 years
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 my kids be shareholders in my company?
Yes your kids can hold shares in your company but there must be a minimum of two adult shareholders before kids can be included.
How long does a trademark registration in Nigeria Last?
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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