If you’ve registered your business with the Corporate Affairs Commission (CAC), you’ve probably had situations where you needed to effect changes on your registration documents such as correcting a name that was misspelled, replacing the address of the business with a new address, provide correct signatures, etc. If you are one of those desiring to...
In a bid to further enhance the efficacy and efficiency of the Nigerian Foreign Exchange Market, the Central Bank of Nigeria through the Director of Exchange Department issued a circular dated August 17 2023 titled “Operational Mechanisms for Bureau de Change in Nigeria”. These guidelines outline key changes that are aimed at streamlining and improving...
Are considering setting up a non-profit organization in the United States even though you don’t live or work in the US? In this article, we consider the legal requirements for setting up your non-profit organization in the United States. DO I NEED TO BE A US CITIZEN TO CREATE AN NGO IN THE UNITED STATES?...
Definition of Shares The subject ‘shares’ is a fundamental concept enshrined in the very core of the Nigerian corporate practice. Hence, it is imperative that anyone who intends to start or run a company successfully should have the knowledge and eventually be grounded in its roots. A share according to section 868 of CAMA 2020,...
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 paying taxes. Shocking right? In this article, we examine to what extent NGOs in Nigeria are exempted from filing and paying taxes as well as under what...
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 has been cancelled without any prior notice or You scheduled a flight ahead of time to make it to an important meeting in another city only to...
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 to setting up your NGO in Nigeria as a foreigner. Before we proceed, it is important to note that the Companies and Allied Matters Act is the...
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 Corporate Affairs Commission, is required to file its annual returns regularly and up to date. In this article, we will be explaining amongst other things, the meaning...
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 the when, what, and how of filing Franchise tax returns for your LLC in the State of Delaware, this article is dedicated to answering your questions particularly...
An investment adviser is a firm or an individual who for compensation, engages in the business of; 1. providing investment advice to others about the value of or investing in securities (i.e stocks, bonds, mutual funds, exchange-traded funds (ETFs), and other investment products) 2. issues report or analysis regarding securities, as a regular business or...
We are a full – service law firm providing a comprehensive range of specialized corporate and commercial legal services. We strive for excellence in everything we do and pride ourselves on our in-depth knowledge and experience in several key sector. We are situated in Calabar, Nigeria.
