Foreign ownership of shares in a Nigerian company When a foreigner buys equity (shares) in a Nigerian company, there are broadly two things required – the share transfer must be registered with the Corporate Affairs Commission, and the fact of foreign ownership must...
How to Register a Business name in Nigeria This article is for those individuals who are interested in registering their business entity in Nigeria under Part B of the Companies and Allied Matters Act. This process is known as Business Name Registration. A Registered...
How to Change the Name of Your Company? First it should be noted that a company is an artificial person in that it is an entity separate from the individuals who own, manage, and support its operation. A company has many of the same legal rights and responsibilities...
4 Things to know about a Certificate of Incorporation What is it? A certificate of incorporation is a document given by the companies’ regulation agency of a country (in Nigeria’s case this is the Corporate Affairs Commission – CAC) as evidence of the existence of a...
What is a Shareholders Agreement? A shareholders’ agreement is basically an agreement amongst the shareholders of a company. This agreement is meant to govern the relationship between the shareholders of the company. Following the strict theory of company law,...
