Do you operate a business in Nigeria? Ever been confronted by revenue officials at your business premises to pay taxes or levies you weren’t aware of? The fact is that in most State and local government areas, there is yet to be a unified tax payment system for taxpayers. That explains situations where certain levies…
Read More : WHAT TO DO WHEN ASKED TO PAY TAX OR LEVY YOU AREN’T AWARE OFYes, you can upgrade your registered business name to a limited liability company. To do so however, you are required to; 1. Ensure the business name has filed its annual returns with the Corporate Affairs Commission since registration and it is up to date. The purpose of filing annual returns regularly is to inform the…
Read More : HOW TO UPGRADE A REGISTERED BUSINESS NAME TO A PRIVATE COMPANY IN NIGERIABelow is a conversation between Mr Charles and his prospective business partner, Mr Patrick: Mr Charles: Following our previous discussion regarding the business partnership we’ll be going into, my lawyer has prepared a contract. I’ll need your signature on this document. (Hands over a document to Mr Patrick) Mr Patrick: Charles my man! Na wah…
Read More : THE RED FLAG ENTREPRENEURS SHOULD LOOK OUT FOR IN THEIR BUSINESS DEALINGS.
