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?

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?

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?

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?

 
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