The Corporate Transparency Act of 2021 in the United States mandates that both local and foreign entities must disclose their beneficial ownership information to the Financial Crimes Enforcement
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The Central Bank of Nigeria (CBN) released revised guidelines for International Money Transfer Services in Nigeria on January 31, 2024. The guidelines are aimed at liberalizing the foreign
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To register a company limited by guarantee in Nigeria, there is a mandatory requirement to obtain the authority of the Attorney General of the Federation, as per Section
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Just like a natural person is birthed, journeys through the process of life, and dies, so does a business organization undergo a compelling journey from inception, and sometimes
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Like starting your business in the United States, closing a company in the USA (particularly as a foreigner) can be an emotional one. However, no matter the reason
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Following the directive restricting banks and other financial service providers from operating accounts for cryptocurrency service providers in 2021, the Central Bank of Nigeria on 22 December 2023,
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WHAT IS TAX PRO-MAX Taxpromax is one of the newest innovations of the Federal Inland Revenue Service (FIRS) launched to simplify tax compliance and to enhance a digital
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A church is a religious organization comprising a group of people who together share the same belief. To operate and function as a legally recognized institution, a church
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Withholding tax (WHT) was introduced into the Nigerian Tax system to reduce and possibly terminate the incidents of tax evasion. In this article, we examine frequently asked questions
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The Nigeria Startup Support and Engagement Portal (also referred to as “the Startup Portal”) is an offshoot of the Nigeria Startup Act of 2022, this Act was set
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