Mfon is a twenty year old undergraduate of a prestigious university in Nigeria. Her father before his death was a wealthy business man with landed properties purchased across various cities. However, five years after her father’s death, Mfon’s uncles are unwilling to give up custody of their late brother’s assets since there was no…
There’s no doubt, that a lot of business owners in Nigeria are beginning to appreciate the need to have their businesses registered with the Corporate Affairs Commission. But just in case you are one of the few who are still skeptical about it, permit me to highlight what you are obviously missing out on; You’re…
So you came up with a business idea that would make you ‘blow’. But you had a problem, this idea requires someone with a good background in tech, which you didn’t have. You reached out to your college buddy who is a good software developer, and you shared your idea with him. He sees the…
As a lawyer, i’ve met people who have raised the above concern. If you recently had your business registered in Nigeria, and you have similar concerns please take the following steps; Obtain your tax identification number from the relevant tax authority immediately after having your business registered. Notify the relevant tax authorities of your intentions…
Within the context of business, outsourcing entails obtaining goods or services from an outside supplier (i.e. an individual or a corporate entity). Outsourcing may be a preferred option where your business lacks direct access to certain raw materials (for instance), essential to your business. Or lacks the needed in- house technical skill such IT expert,…
As a lawyer, i’ve had the pleasure of receiving instructions from clients as regards getting their companies registered. While receiving their instructions, i’ve noticed a trend that is very common amongst most of them… It’s the trend of nominating company agents such as; directors, shareholders who in most cases have no business taking such roles…
In the past two weeks, i’ve been approached by various persons seeking legal information on options available to them in respect to debt recovery. So, i’ve decided to say this here for the benefit of others who might have similar concerns in the future. If you’re considering using the Nigerian Police or any other form…
In over 6 years of experience as a lawyer, i know for a fact that resolving disputes through court proceedings can be tedious, time and money consuming if not properly managed. Few months ago, i was approached by a client with a court process asking him to appear in court in regards to a suit…
Hello my thriving business owners!! I trust we’re smashing our BUSINESS goals? Our TAX SERIES would come to an end soon. But before then, I thought to drop a few hints to guide us when we get confronted by revenue officers and at that point we have no Cynthia Tishion or any other contact to…
