The 7 Important Elements of a Binding Contract in Nigeria
Understanding a binding contract can be a little bit difficult, especially for someone that does not understand the law. Having the knowledge of how a binding contract work gives power to an individual to form a “contracting relationship” with another individual. A “binding contract” is an agreement between two or […]
All You Need To Know As A Foreign Investor In Nigeria
A foreigner / Alien is a person or association, whether corporate or incorporated, other than a Nigerian citizen or association. Section 20(4) of CAMA provides: “Subject to the provisions of any enactment regulating the rights and capacity of aliens to participate or undertake in trade or business, an alien or […]
Regularization Of Foreign Participation In The Nigerian Business Environment
Below are the steps required for foreign participation in the Nigerian Business Environment and the associated fees. Registration of Company at the Corporate Affairs Commission with minimum requirement of 10 million Share Capital Cost – N 250,000 Duration – Maximum 2 weeks Requirements Details of Directors, Secretary and shareholders Objects […]