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Year: 2023

SHARE CAPITAL REQUIREMENTS NIGERIA

WHAT IS THE MINIMUM SHARE CAPITAL REQUIREMENT FOR REGISTERING A COMPANY IN NIGERIA

One of the distinguishing attributes of a company from other types of business entities we have in Nigeria is that every company must have a share capital. However,

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DO NGOs PAY TAXES IN NIGERIA

DO NGOs PAY TAXES IN NIGERIA

Its common knowledge that NGOs are primarily not created to generate profit. But it would interest you to know that NGOs in Nigeria are not totally exempted from

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Compensation for cancelled or delayed flight

CAN I GET COMPENSATION FOR DELAYED OR CANCELLED FLIGHT?

Download presentation here Imagine booking your flight with an airline for a future date, and ahead of time only to be told on arrival that your scheduled flight

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CBN Regulatory Sandbox

CBN REGULATORY SANDBOX PROGRAMME – EVERTHING YOU NEED TO KNOW

If you have ever considered setting up a fintech platform in Nigeria, you will agree that the entry barrier into the fintech space has been raised high with

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How to register an NGO in Nigeria as a foreigner

HOW TO REGISTER AN NGO IN NIGERIA AS A FOREIGNER

Are you a foreigner with a desire to set up a non-profit organization or promote a non-profit-related cause in Nigeria? In this article, we’ll address concerns with respect

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Annual returns

HOW TO FILE ANNUAL RETURNS IN NIGERIA

By virtue of the Companies and Allied Matters Act (CAMA) 2020, every business or non-profit organization (i.e. business name, company, or Incorporated Trustee) registered in Nigeria, with the

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How to split equity amongst co-founders

HOW TO SPLIT EQUITY AMONGST CO-FOUNDERS IN A STARTUP

A common concern experienced by co-founders, particularly at the early stages of starting a company is that of how to divide equity amongst themselves. If you currently have

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How many persons do I need to register a C-Corp in Delaware

HOW MANY PERSONS DO I NEED TO REGISTER A C-CORP IN DELAWARE

For several reasons, the State of Delaware seems to be the State of choice for African startups. This does not however mean that there are no benefits that

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What to do after registering your company in the US

WHAT TO DO AFTER REGISTERING YOUR COMPANY IN THE US

If you’ve gotten your company registered in the US, congratulations are in order. However, while having your company registered in the US is one thing, maintaining the registered

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When do I pay Delaware Franchise tax for my LLC

WHEN DO I PAY DELAWARE FRANCHISE TAXES FOR MY LCC?

If you are a non-US resident and you registered an LLC (Limited Liability Company) in Delaware, you’ve probably heard about Delaware Franchise Taxes. If you have questions about

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