How to Register a company in Nigeria To register/incorporate a company, you need to first know what a company is. A company is a type of corporate structure whereby the legal status of the business is separated from the proprietor/promoter of the business. The...
Running a website in Nigeria There are a number of steps you need to put in place to manage the legal risks involved with having a website. Firstly, you should ensure that your website has a Terms of Use, especially if your website is an ecommerce website. This is...
Global Standing Instruction (GSI) in Nigeria On July 13, 2020 the CBN released a Circular on the operational guidelines on the Global Standing Instruction . In this article we will explain some key features of the Global Standing Instruction guidelines and how they...
What is Personal Income Tax? Personal Income Tax is a direct tax charged on the income of a person. In the context of personal income tax, a ‘person’ means an individual, a sole proprietorship (non-juristic person), communities and families and on...
Taxes in Nigeria If you are reading this post, then you are one of the growing number of Nigerian business persons and entrepreneurs who are interested in knowing what their tax obligations are, and making sure they are operating their business while paying the right...
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,...
