Non-payment of Annual Returns and the Implications
Annual Returns is a yearly fee paid by companies (Business Name, Limited Liability, Limited Liability Partnership, Incorporated Trustees) registered with Corporate Affairs Commission. Once an entity is registered with CAC, the corporation gives the entity certain grace period after which the entity is expected to pay her annual returns yearly. The grace period for an
Read MoreHow to appoint and remove a Company Secretary in Nigeria.
Who is a company secretary? A company secretary is an officer of a company appointed by the directors to perform certain legal and administrative duties, with the requisite knowledge and experience to discharge these duties. The Companies and Allied Matters Act, 2020 makes a mandatory requirement for all companies to appoint a secretary, with the
Read MoreAffidavit and its uses in Nigeria
In this blog we are going to explain what affidavit is and what it is not. I will educate us on different types of affidavits and what they are used for in our everyday activities. What is an Affidavit? It is a statement of fact stated and sworn to before a notary public or commission
Read MoreHow to register a co-operative Society in Nigeria.
Registering a co-operative society in Nigeria involves several steps and requires compliance with the relevant laws and regulations. Co-operative societies are governed by the Nigerian cooperative societies Act that provides for the registration of co-operative societies. The registration of co-operative societies in Nigeria is effected at the designated co-operative society ministry in various states. A
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