EntrepreneursFinance & AccountingStarting & Operating a Business
It is important to note that you can not open a corporate account in Nigeria without first having a registered business. Let’s go over some requirements for opening a corporate account in Nigeria below: CAC issued registration documents, including your certificates, forms and/or status report. Tax Identification Number (TIN). This is another requirement by the […]...
Post-incorporation
Dear Zainab, I registered my business with CAC using your platform a couple of years ago. I just want to say thank you for making the process so seamless. You have such an incredible response team at DIYLaw. Back to my question. I was having a conversation with a friend some days back, then I […]...
Uncategorized
Here is what you need to know about converting your business name to a LTD or PLC....
Family Law
You and a squad of 4 friends stumbled on a great business idea in your final years of school – from all feasibility tests, this was a big one and definitely had a gap to fill in the market. So you all go on to start this business, together, getting it incorporated, raising much needed […]...
Starting & Operating a Business
Recovering from a business loss is not always the easiest thing to do. Following the civil unrest that shook the country in the past few weeks, businesses have experienced some loss in sales, property and even customers. In these times, you need all the business support you can get as you rebuild. We truly believe […]...
Starting & Operating a Business
Hello … How are you really doing? To be honest, the events of the past two weeks took a toll on us as a nation. We all witnessed how the peaceful #ENDSARS protests against police brutality took a violent turn with the shooting of peaceful protesters at the Lekki Toll Gate which consequently resulted in […]...
ContractsStarting & Operating a Business
…if you get sued, apparently! Or isn’t it so? This notion up here is what many of us believe either consciously or otherwise. This was also reinforced by the movies we saw. We are here today however, to oppose this motion that says you only need a lawyer when you want to get away with […]...
Starting & Operating a Business
Following Nigeria’s 131st ranking on the annual World Bank’s 2020 Doing Business Index, the new CAMA provisions are bound to make starting and running a business easier in the country; thereby stimulating economic growth, expansion and attracting investment. The previous CAMA came into existence in 1990 and CAMA 2020 repeals this law by introducing new […]...
Starting & Operating a Business
Chike knew it was time to move on. He had run a fashion business for over 5 years since he graduated from University. The company, incorporated since its first year has grown a lot since it began and like the typical Nigerian startup, has seen its fair share of struggles. But now, Chike has identified […]...
Contracts
A wrong collaboration can lead to your business being sued or in the mildest of cases, evoke a level of bad PR for your business. Here are a few tips to stay safe and legally protect your business....
Contracts
As an employer, you always want to ensure that your employees are not defrauding your company while performing their different roles. ...
Contracts
Jire and Chioma met at the University of Lagos several years ago and became friends. Their friendship blossomed and even though they went to different countries for further studies, they were able to come together to build one of Africa’s leading tech companies – JC Tech Ltd. A few days after they celebrated the 7th […]...
