Frequently Asked Questions

 

Annual Returns

Why must I file Annual Returns?

When are Annual Returns due for filing?

What additional documents do I require to file my Annual Returns?

Business Types

What’s the difference between a business name and an LLC?

Do I need a Company Secretary?

Must my Company Secretary be a Lawyer?

What is the first thing I must do to register a business in Nigeria?

Business and Legal terms

What are the terms of a contract?

Why is mutual assent important in a contract?

What is an execution clause in a contract?

What is a testimonium clause in an agreement?

Business compliance

What is SON?

If I have NAFDAC Registration number, do I still need SON registration number?

What are the benefits of Registering with SON?

What are the penalties for not registering my products with the SON?

What are the product categories available when registering with NAFDAC?

Do I have to physically drop off my product sample at NAFDAC office?

Can I process/register multiple products at NAFDAC at the same time?

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

Is there a penalty for late renewal of registration of products with NAFDAC?

What will happen if I buy the wrong category of forms with NAFDAC?

Data & Data protection

What is data protection?

Is it legal to transfer the personal data you obtained legally to another person?

Can I use the data collected legally for one purpose for another purpose?

What is personal data?

What is classified as personal data?

Intellectual property

Does copyright protect website Domain names?

Do I need permission to copy or use any copyright material in Nigeria?

Must I register my work with the Nigerian Copyright Commission?

Who benefits from copyright in Nigeria?

Is my copyright registration in Nigeria protected globally?

Does a trademark search automatically reserve my trademark name?

Does Trademark registration protect my website domain name?

Will my trademark registration in Nigeria protect me worldwide?

How long does a trademark registration in Nigeria Last?

What do I need for a trademark search in Nigeria?

What is a copyright?

what does copyright protect?

Who benefits from copyright protection?

What is eligible for Patent registration?

What is the importance of registering a patent?

When registered, how long does a patent last for?

What is the difference between licensing and assigning a patent?

What is the basic criteria for registering a Design?

How long does the registration of an industrial design last?

Why should I protect an industrial design?

Can industrial design be protected under copy right law?

Can an industrial design be sold?

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

Licenses and permits

What are the product categories available when registering with NAFDAC?

Do I have to physically drop off my product sample at NAFDAC office?

Can I process/register multiple products at NAFDAC at the same time?

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

Is there a penalty for late renewal of registration of products with NAFDAC?

What will happen if I buy the wrong category of forms with NAFDAC?

Starting a Company

How many directors do I need to start a company?

How many shareholders do I need to start a company?

Who can be directors in my company?

Can my kids be shareholders in my company?

Can a minor be a company director?

What’s the difference between a business name and an LLC?

What is share capital?

What is the first thing I must do to register a business in Nigeria?

Why do i need a Shareholders Agreement?

Trademark

What is a trademark?

Why do I need a trademark?

Can I trademark my logo and name separately? Why is this a good idea?

Does a trademark search automatically reserve my trademark name?

Does Trademark registration protect my website domain name?

Will my trademark registration in Nigeria protect me worldwide?

How long does a trademark registration in Nigeria Last?

What do I need for a trademark search in Nigeria?

 
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