Have this imaginary scene together: A group of investors sitting around a conference table somewhere in Nigeria, with a representative from XYZ Nigerian Company Ltd ready to pitch. The representative thanks all for coming and with a smile announces to the audience that the company brings a new and juicy investment scheme about to be […]
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Transferring ownership to a company can be a complex process that requires careful consideration and planning. The first step is to determine the legal structure of the company, whether it is a sole proprietorship, partnership, or corporation. Once it has been established that the company can own a property, the owner must decide on the
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Benefits of Transferring Property to a Company Transferring property to a company can offer several advantages, including: 1. Limiting Personal Liability By holding property in a company, owners can limit their personal liability in case of lawsuits or other legal issues. This protection is particularly valuable for investors with multiple properties or businesses with significant
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Property can be classified into several types, each with its characteristics and legal implications. The most common types of property include real property, personal property, intellectual property, and community property. Real property refers to land and everything permanently attached to it, such as buildings and fixtures. It is considered immovable and subject to various laws
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Why would anybody want to transfer ownership of his property to his company you may ask. There are several reasons why this may come up. For instance, a divorce petition. The high-profile divorce which trigged the world between actress Hiba Abouk and Paris Saint-Germain football star Achraf Hakimi has been making headlines for months. The
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The Darkside Of Unissued Share Capital And The CAC Deadline: The Implications Every Company Needs To Know On Missing The Deadline. The recently introduced CAMA 2020 transformed the course of corporate practice in Nigeria, by bringing about notable changes. One of which, includes the necessity for companies to issue the unissued share capital in the
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Welcome back! If you’ve read our previous article on why you should invest in Nigeria, (if you haven’t, you can read it here), we’re here to provide you with a comprehensive guide on how to channel your investments effectively in Nigeria. With its diverse economy, Nigeria offers numerous sectors that can potentially generate significant wealth over
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Building trust with your customers is one of the most important things you must do if you want to build your brand. If you own a small business, content marketing is a tactic you should consider to grow your audience base and increase your brand’s name recognition. Content marketing is one of the ways to
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In Nigeria today, it is against the law to carry out business activities as a company for more than 6 months without proper registration. To enable you to comply with the corporate laws of the land, you should register your company today. The advancements in technology have made it easy for you to register a
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