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 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?

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?

Licenses and permits

What are the product categories available when registering with NAFDAC?

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?

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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