Crowdfunding is when a large number of persons contribute a small amount of money for a project or investment. An Example of crowdfunding is GoFundme. Crowdfunding is a legally acceptable means of raising...
A Company limited by guarantee is a company registered solely for promoting an objective and these kinds of companies are not profit based. Whatever money the company makes is used for the promotion of its...
A Tenancy Agreement is written agreement between a Landlord and his tenant which states the agreed terms and condition of the tenancy The importance a Tenancy Agreement is as follows; A tenancy agreement...
The Money Lenders License granted in Lagos to lenders is only for a period of one year. Each License is usually valid until the 31stof December each year hence the lender has to renew their lenders license...
It is important for a company’s founders to have an agreement among themselves even before creating an entity. Founders’ agreements are the product of conversations that should take place among a company’s...
What does it mean to incorporate a business? It simply means a business has completed the process of becoming a corporation, as recognized by law. Incorporationprovides the owners with many advantages, and I...
A limited partnership is a partnership arrangement between one or more partners called the general partners who shall be responsible for the obligations and management of the partnership and one or more...
The business type known as a Limited Liability partnership (LLP) was introduced in SEC 753 OF THE COMPANIES AND ALLIED MATTERS ACT (CAMA) CAP C20 LFN 2020. The registration of a Limited Liberty partnership...
In today’s business world, having a website for your business is now regarded as a basic requirement and it is even more necessary when most of your business is done online. A website can serve as a great...
There has been a huge global impact from COVID-19 on both big and small businesses and one of the most prevalent changes for everyone is working from home. Many companies have decided to work fully remotely...
Legal support services help small business owners achieve their goals with expert advice and skilled representation. It is best to have law support on your team before problems arise so your business is...
The registration of a political party in Nigeria is done by the Independent National Electoral Commission (INEC) in Abuja. See our registration checklist below; You need a name, logo and acronym of the...